Friday, September 3, 2010

Internet access cut off half of the market

Wednesday, October 21, 2009, 14:31
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number of users of internet-trading services on the Ukrainian stock exchange has grown to thousands, and at the beginning of next year, projected exchanges, their number will reach 2000. But, despite the rapidly growing interest of Ukrainians to Internet trading, before the saturation of the market is still far away, the chairman of the Ukrainian Stock Exchange Oleg Tkachenko. In his view, the capacity of our market more than 50 thousand accounts.

In September, users Ukrainian stock exchanges have set several records: the volume of trades - 52,5 million UAH., the number of transactions per day - 2106. Thus 55% of transactions made on that day passed with the participation of individuals. Moreover, according to Oleg Tkachenko, if the number of transactions involving physical persons in August grew by 46% compared with July, in September compared to August - by 92%.

these changes could be connected with natural persons has increased awareness of the possibilities of Internet trading and the increasing number of companies providing this service. In particular, for the last month the number of companies in its portfolio of Internet trading has increased from seven to sixteen, with a number of leading market players.

Potential investors too little is known about the ability to manage their assets independently - believes Mr. Tkachenko .- Many of them do not trust banks or management companies, but when they realize that when working through internet trading their money in the long run will be balances with the NBU, and they themselves - to make transactions in real time and see their results, the prospect of playing the stock market attracts them more. In general, he noted, the activity of private investors is growing faster than the market as a whole.

Today, when the confidence of private investors to banks, brokerage and ISI compromised service for Internet trading will play virtually no alternative role for professional players, as it is most convenient, cheapest and fastest way for a customer to enter the market and actively operate on it, - supports the head of trading at Troika Dialog Ukraine Vladimir Grishchenko.

According to head of the Ukrainian stock exchange, the future prosperity of the stock market and improve its liquidity also contributed to the division of trading on market bids and market quotations, as well as launch a central counterparty, carried out by the Exchange in September. We were not sure whether to create a list of such amount of securities (market applications UB is now trading 25 issuers, although an option for 20) because they were not sure of some issuers, but the Paper rastorgovalis, and now faces the question of expanding list , - he said, while refusing to name the exact date and number of companies, whose nominations are considered. To expand the list should be very balanced. If the paper does not fly in the market of applications, it will have to return to the market quotations, but it did not want to do, - said Tkachenko.

Meanwhile, brokers are going to reduce tariffs on services for its clients, said Deputy Director of Stock Company SitiBrok Maxim Grin. First, brokers have been one tariff to 50 ths. Daily turnover and the second - after. Now they are reviewed and developed, takes into account the volume of trading of each customer - he explains .- In addition, this amount includes the commission of the exchange rate and the depositary, which recently been substantially reduced. In addition, the market comes a new company, which have forced old-timers to resort to the methods of price competition.

addition to attract private investors will be able to run on the Ukrainian stock exchange service training trade when the client is able to put a real quote, see how a transaction takes place and how to change the balance on his account in the securities and cash. There still is not ready to swim jump into the water and swim - joking Oleg Tkachenko.

However, this service's largest brokers, working with UB will be able to offer before the end of October. Before, brokers could show the client militant terminal, so that he could see what was happening in the market, but no more, - said Maxim Grin. Now the investor can try to bargain on real prices in the online mode, though not for real money.

The interest of private investors for this product is growing every day, - has summed up Vladimir Grishchenko. - Up to 20% of trade on the UB accounts for transactions occurring over the Internet. The number of merchants offering the service at this stage, do not saturate the segment, so as even for our small market of potential customers disproportionately. Moreover, competition makes it much quicker to introduce additional products and more interesting proposals on customer service .

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