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Stock exchanges in Ukraine
Stock exchanges in Ukraine are less common type of exchange than commodity market and are the youngest. Stock exchanges really surfaced by the end of the 1990s, but it was not until the Orange Revolution when stock market in Ukraine showed a noticeable growth. Number of stock exchanges in Ukraine belong to Russian owners.
==Market description==
According to the classification of Standard and Poor's, the securities market in Ukraine is defined as the ''Frontier Market'' (see Credit rating). The class includes some 20 countries across the globe, among which are several neighbors of Ukraine (most of them member of the European Union such as Romania, Bulgaria, Baltic states and others. In 2011 the Standard & Poor's gave Ukraine the lowest investment grade of B along with such countries as Belarus, Bosnia and Albania.
The biggest stock exchange that proved itself well in 2005 was the PFTS Stock Exchange. It is also recognized as one by the S&P. Based in Kiev, in 2005 the stock exchange owned some 86% of market contracts in Ukraine. In 2011 the National Rating Agency of Ukraine "Rurik" composed an analytic review of stock market in Ukraine based on the report of the National Commission on Securities and Exchange "Ukrainian stock market in 2011: confidence, stability and growth" ((ウクライナ語:Український фондовий ринок у 2011 році: впевненість, стійкість та зростання)).〔("Rurik". ''Analytic review of stock market in Ukraine'' )〕 According to the review 98% of all contracts are concentrated at three stock exchanges of Ukraine: PFTS, Perspective, and Ukrainian Exchange (UX). And if in 2010 PFTS owned almost 50% of all trading, 2011 it yielded the some volume of trading to Perspective and UX yet still staying as a leading stock exchange in the country.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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