SEGMENTATION OF THE MARKET OF FUTURES CONTRACTS OF UKRAINE

The article defines the segmentation of the market of futures contracts of Ukraine. Features of organizing trades and portfolios of futures contracts of the main operators of the market are characterized. Portfolios of futures contracts for the volume and breadth of the range of underlying assets were explored. It is determined that the market of futures contracts of Ukraine contains all existing segments, but the distribution of segments by the organizers of trades does not form a competitive environment in the market of futures contracts. The technical conformity of the functional mechanism of futures contracts of Ukraine to the world level of technologies for organizing trades in derivatives market is justified. At the same time, the unpopularity of this financial instrument and its isolation from the development of the real sector of the economy have been revealed. The necessity of systematization of the structure of the functional mechanism of futures contracts, minimization of speculative operations and shift of emphasis towards the introduction of mechanisms for hedging economic and financial risks of business entities by optimizing the range of underlying assets of futures contracts is proved.