THE PLACE AND ROLE OF THE SECURITIES MARKET IN A MARKET ECONOMY

Abstract

One of the most important requirements of a market economy is the existence of a large and fully controlled financial market. The financial market is a very broad concept. In general, the financial market can be dvided into two parts: the bank loan market and the securities market. One of the structures that ensures the full functioning of the market economy model in modern conditions is the securities market. The securities market is a market where lonq-term supply and demand market. Economic, social and political conditions are necessary for the development of such a market. Thus, the lonq-term funds have a high share in the economy, the increase in the demand companies in a lonq-term form, political stability in the country, the spread of open joint-stock companies, the high level of income of the people, etc. such conditions are required. In the presented article, the main aspect of the credit monetary policy is to carry out practices in the market, to implement the purchase and sale of new government securities.