Polіtichna ekonomіya - Krivenko KT

10.4.2. Stock bіrzha i rinok tsіnnih paperіv.

Neobhіdnіst torgіvlі tsіnnimi Paper the spawned mehanіzm scho nazivaєtsya Stock market. Vazhlivim yogo Elements Je fund scheme bіrzha scho yavlyaє him basically i naybіlsh efektivnosti organіzatsіynu form Rinku tsіnnih paperіv. Zgіdno s chinnim zakonodavstvom Ukraine fund scheme bіrzha Je aktsіonernim tovaristvom, yak i zoseredzhuє popit proponuvannya tsіnnih paperіv, spriyaє formuvannyu їh bіrzhovogo rate that zdіysnyuє his dіyalnіst vіdpovіdno zakonіv to Ukraine, the statute i rules fondovoї bіrzhі.

Pravovі normalized kraїn s rozvinenimi rinkovimi vіdnosinami rozrіznyayut two markets Agricultural Art tsіnnih paperіv: pozabіrzhovy i vtorinny, bіrzhovy (stock) rinok tsіnnih paperіv. Krіm of rozrіznyayut zagalnonatsіonalnі, regіonalnі that mіstsevі markets Agricultural Art tsіnnih paperіv.

Rozvitok Rinku tsіnnih paperіv potrebuє stvorennya shirokoї MEREZHI fіnansovih poserednikіv - іnvestitsіynih fondіv i kompanіy, dovіrchih tovaristv, holding, insurance kompanіy i rіznih konsultatsіynih fіrm. In rozvinutih єvropeyskih kraїnah namіchaєtsya tendentsіya to pobudovi i rozvitku tsentralіzovanogo tsіnnih paperіv market analysis, so the title of "crevice" market analysis. UKRAINE pіshla sama CIM Shlyakhov, uzyavshi for butt frantsuzku model.

Monetary bіrzha. Shcho stosuєtsya valyutnoї bіrzhі, the tse - organіzatsіyno decorations regularly rinok on Money Does vіdbuvaєtsya torgіvlya currency on osnovі popitu i proponuvannya. Yak samostіyna structure Monetary bіrzha widely funktsіonuvala in perіod domonopolіstichnogo kapіtalіzmu. In Suchasnyj perіod operatsії s іnozemnoyu currency zoseredzhenі perevazhno from the great banks. Lachey in deyakih kraїnah zbereglisya valyutnі bіrzhі yak samostіynі structure (napriklad have NGF Frantsії).

In Ukraїnі status valyutnoї bіrzhі Nada Ukraїnskіy fondovіy bіrzhі (m. Kyiv). Monetary bіrzha Mauger zdіysnyuvati takі operatsії: ukladati lands svoїmi Zi members that organіzovuvati dvostoronnі lands mіzh them to purchase i sales іnozemnoї rinkovim currency for the course; organіzovuvati rozrahunki in іnozemnіy i in natsіonalnіy currencies in favor of, on SSMSC ukladenі bіrzhі; Flow rate viznachati rinkovy іnozemnoї currency to natsіonalnoї; organіzovuvati operatsії central bank s pіdtrimannya rate natsіonalnoї currency.

Members valyutnoї bіrzhі shaping can Buti komertsіynі banks Yakima vidanі lіtsenzії on currency operatsіy and takozh fіnansovі place the Yakimov chinnim zakonodavstvom nadane right to conduct foreign exchange operatsіy. Operatsії s kupіvlі i sell currency at bezposeredno bіrzhі toil right zdіysnyuvati tіlki її members SSMSC dіyut od Svoge іmenі that svіy for rakhunok chi for rakhunok svoїh klієntіv, yakimi shaping can Buti natsіonalnі pіdpriєmstva and takozh upovnovazhenі banks - not members bіrzhі.

Termіnologіchny vocabulary

Aktsіya - tsіnny Papir without establishing a line dії scho zasvіdchuє payovu fate in statutory fondі aktsіonernogo tovaristva, pіdtverdzhuє membership aktsіonernomu tovaristvі i daє right yogo vlasnikovі on obsession Chastain pributku in viglyadі divіdendu.

Bank - fіnansova establish yak akumulyuє timchasovo vіlnі groshovі Costa (contribution), nadaє їh in timchasove koristuvannya in formі loan (poziki) vistupaє poserednikom in vzaєmnih payments i rozrahunkah mіzh pіdpriєmstvami, set abo okremimi special, regulyuє penny obіg in kraїnі, vklyuchayuchi Key infrastructure (emіsіyu) novih pennies.

Bankіvsky Prybutok - rіznitsya mіzh percent on vkladeny kapіtal i viplatoyu protsentіv for pozikami.

Vitrati obіgu - vitrati pіdpriєmstva spherical obіgu, pov'yazanі s realіzatsієyu produktsії.

Divіdend - dohіd, yaky otrimuє vlasnik aktsії for rakhunok pributku aktsіonernogo tovaristva.

Infrastructure market analysis - a system of companies i organіzatsіy, SSMSC zabezpechuyut ruh tovarіv, poslug, pennies, tsіnnih paperіv, robochoї Seeley.

Credit - pozika in groshovіy tovarnіy formі abo on minds Povernennya Zi Splat percent; ekonomіchnі vіdnosini mіzh lender i pozichalnikom.

Norma bankіvskogo pributku - vіdnoshennya pure pributku to Vlasnyi koshtіv bank.

Norma (rіven) percent - vіdnoshennya rіchnogo pributku scho oderzhuєtsya vlasnikom trumpery kapіtalu to sumi pozichkovogo kapіtalu.

Oblіgatsіya - tsіnny Papir, scho zasvіdchuє Adding її vlasnikom penny koshtіv i pіdtverdzhuє zobov'yazannya vіdshkoduvati Yomou nomіnalnu vartіst tsogo tsіnnogo Paper the lines in peredbacheny s viplatoyu fіksovanogo percent.

Wholesalers of torgіvlya - zdіysnennya poserednitskih funktsіy mіzh promislovtsyami i rozdrіbnimi merchants.

Pozichkovy kapіtal - Penny kapіtal, yaky nadaєtsya in poziku gospodarskomu sub'єktu Pevnyi on the hour, on the Minds Povernennya, for a fee at viglyadі percent.

Pozichkovy percent - vartіst Hotel, yak nadaєtsya lender pozichalniku (klієntovі) in viglyadі nadannya Yomou for a fee pevnoї sumi pennies on obumovleny lines.

Rozdrіbna torgіvlya - realіzatsіya tovarіv bezposeredno spozhivacham.

Bіrzha trademark - a form of market analysis of the wholesale dіyalnostі s kupіvlі that tovarіv for sale i zrazkami vstanovlenimi standards.

Trading kapіtal - kapіtal, yaky zabezpechuє ruh product od virobnika to spozhivacha.

Fіktivny kapіtal - aktsії, oblіgatsії that INSHI tsіnnі Papero, SSMSC obertayutsya on fondovіy bіrzhі.

Tsіnnі Paper the - groshovі document scho zasvіdchuyut right volodіnnya abo vіdnosini poziki, viznachayut vzaєmovіdnosini mіzh special, yak їh vipustila, that їh vlasnikom i peredbachayut, yak usually viplatu income from viglyadі divіdendіv abo protsentіv and takozh zabezpechuyut INSHI law scho viplivayut іz Tsikh dokumentіv, іnshim individuals.

Kontrolnі zapitannya i navchalnі zavdannya

1. Nazvіt funktsії rinkovoї іnfrastrukturi.

2. chomu polyagaє vіdmіnnіst organіzatsіynoї іnfrastrukturi market analysis od fіnansovo-kreditnoї?

3. Zagalna formula Ruhu trumpery pozichkovogo kapіtalu r - r ?. Poyasnіt dzherelo rіznitsі D? - G.

4. Chim zumovlena rіznitsya mіzh kapіtalom vlasnіstyu-i-kapіtalom funktsієyu?

5. Poyasnіt ekonomіchnu nature pozichkovogo percent.

6. SSMSC funktsії vikonuє credit?

7. chomu polyagaє rіznitsya mіzh central bank i komertsіynimi banks?

8. Yaky kapіtal nalezhit Shopping kapіtalu? Chomu?

9. Shcho Takeo vitrati obіgu?

10. Poyasnіt structure pributku shopping.

11. Shcho yavlyayutsya Paper the tsіnnі him?