EFFICIENCY OF FUNCTIONING OF THE INVESTMENT MECHANISM SECURITIES MARKET

In the article the author investigates the preconditions and factors that determine the effective functioning of the securities market, as well as the reasons for the low efficiency of the investment mechanism of the securities market in Ukraine. The paper presents key indicators that should include a strategy for the development of the securities market. Based on his own research, the author proposes the main directions of increasing the financial efficiency of the investment mechanism of the securities market. The article argues that the effective functioning of the securities market requires the presence of many different financial institutions, and suggests a number of prerequisites that should be created for this. It is noted that the development of the investment mechanism of the securities market is faced with the need to identify problems of a methodological nature, as well as lists the factors that can be used to determine the effectiveness of the securities market. It is studied that the world's leading countries have the most efficient securities markets, the largest stock exchanges, are technology leaders, and therefore their markets are equipped with the latest advanced information-accounting and clearing technologies that allow you to constantly create and offer new instruments in the market. These countries also demonstrate an effective marketing policy in increasing the number of RCP consumers, a high level of care for market participants, which is manifested in the constant increase of comfort, clarity, convenience with minimal commission costs. The article highlights that the mandatory elements of the reports of the National Securities and Stock Market Commission should be indicators of the ratio of capitalization (listed companies) and GDP, annual trading in shares and GDP, and stock turnover (the latter ratio is calculated for each exchange based on its capitalization).