Priority Guidelines of Competitive Recovery in the National Market of Corporate Securities

The article deals with the research devoted to some tendencies of competitiveness in the national market of corporate securities in Ukraine. A careful analysis of current status in the national market of capital issues has been carried out with a glance at its indices during 2009-2017, and taking into account some features of equity market organization in developed countries as well as functioning specificity of national stock market. The object of the article is to analyze approaches to the development of the market of corporate securities and systematize them in a mechanism of its competitive recovery. In the article some possible approaches to the solution of problems which are an obstacle in the way of development and functioning of the market have been considered. Particular problem solving has been suggested in order to contribute to the further development of the national market of corporate securities and its integration with the global market. Essential conditions for making a competitive market of corporate securities in Ukraine with an effective mechanism of securities turnover, protection of market participants etc. have been also analyzed. The originality of the research work consists in the systematization of main approaches to the development of the national market of corporate securities and increasing the level of its competitiveness. The article explicates the fact that the further development of the national market of corporate securities is impossible without gradual reforming of its components. The methodology of the research is based on the inductive, deductive, rational and system approaches, mathematical and statistical analysis of the main economic indicators. General experience of the global market has been taken into consideration (some experience of the European Community and the USA has been generalized and those essential approaches to the market organization adoption of which could be useful in this country have been picked out. The practical importance is that the approaches are systematized and connected with a gradual mechanism of the market reforming that is necessary for the increasing of the level of its competitiveness and complete integration with the global market.