The potential of the Ukrainian market of futures contracts is about $ 30 billion

KIEV. 7 Dec. UNN. Within five years, Ukraine can create a market for futures contracts on agricultural products in the amount of approximately $ 8 billion, and energy – in the amount of more than $ 20 billion. This was stated by the Chairman of the National Commission on securities and stock market (NKTSBFR) Timur Limp at the briefing, the correspondent of UNN.

“In 5 years Ukraine has a chance to create a market for futures contracts on agricultural products is approximately $ 8 billion, and energy (primarily electricity and natural gas) in the amount of more than 20 billion dollars”, – said T. Limp.

As he said, an important prerequisite for the development of commodity exchange market is the presence of the legal field. Now awaiting consideration of the Parliament bill number 7055 “On the capital markets and regulated markets”, which will replace the outdated laws. The purpose of the bill is complex regulation of questions of functioning of regulated markets in accordance with EU directives, namely introduction of the four types of the regulated market: stocks, commodities, cash and derivatives market.

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“This bill derivative financial instruments are provided with a clear legal status and, accordingly, is given the “green light” to launch the markets for such instruments in Ukraine. The document significantly expands the list of financial instruments that can use the business. Let me give an analogy: we want to see in the supermarket called “Stock market” was more goods, and that each of them was a certificate of quality”, – said T. Limp.

The Chairman of the securities Commission expressed hope that the Ukrainian market will be part of the global market.

“The development of commodity exchange market will increase the ability of businesses to manage their risks and provide greater opportunities to the participants of the commodity markets, especially the markets of agro and energy products. After all, price fluctuations are a significant risk not only for business but also for the economy,” the official said.