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Reform of the national clearing and settlement system as a prerequisite for ensuring the functioning of the securities market infrastructure during IPO

Author

Listed:
  • Shkolnik Inna A.

    (Ukrainian Academy of Banking of the National Bank of Ukraine)

  • Chervyakova Svetlana V.

    (Ukrainian Academy of Banking of the National Bank of Ukraine)

Abstract

The paper investigates ways of reforming the national clearing and settlement system as a precondition for the functioning of the securities market infrastructure during initial public offering (IPO). The author proposed interaction scheme participants in the market at work central depository and central clearing institution.

Suggested Citation

  • Shkolnik Inna A. & Chervyakova Svetlana V., 2012. "Reform of the national clearing and settlement system as a prerequisite for ensuring the functioning of the securities market infrastructure during IPO," The Problems of Economy, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), issue 3, pages 15-19.
    • Handle: RePEc:idp:redpoe:y:2012:i:3:p:15_19
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