EXCHANGE TRADE AS A FACTOR OF MARKET DEVELOPMENT
The development of organized (exchange) trade should be considered as one of the fundamental principles of state policy for the development of competition, aimed at increasing the transparency and objectivity of pricing, as a means of carrying out structural reforms, the development of international trade, integration processes in the EAEU space, which directly leads to the qualitative development of commodity markets. At the moment, the improvement of the exchange trading system and the transparent pricing mechanism makes it possible to ensure the formation of a fair market price for goods, creates the possibility of hedging currency risks, and implementing long-term financial planning for business entities. Also, exchange trading contributes to the development of competition in commodity markets, in particular, the transparency of pricing increases, price indicators regularly published by the exchange are used both by companies in their business activities and by authorities in the performance of their functions.