Ukrainian Exchange

The Ukrainian Exchange was founded on 15 May 2008 and its operation premises are situated at 7g, Tropinina Street, Kyiv.

The Exchange is one of the largest stock exchanges in Ukraine. The exchange is located in Kyiv, Ukraine's capital city, and was the main trading venue for equities and derivatives in Ukraine. It is under the jurisdiction of the Ministry of Finance of Ukraine.

Due to the 2022 Russian Invasion of Ukraine, it has temporarily stopped its operation and suspended additional workloads. It also encouraged citizens and businesses to sell Russian roubles, stocks and bonds in order to help defend and repel the Russian invasion.[1]

In June 2024, National Securities and Stock Market Commission, the regulatory body of Ukrainian stock market, revoked the licenses of Ukrainian Exchange, because "the owner of a significant interest in the licensee, has among the owners of a significant interest a person who was sanctioned in accordance with the Law of Ukraine on Sanctions."[2]

History

In May 2008 the largest participants of the Ukrainian securities market signed the Memorandum of Understanding with the

Products and services

Equities

Trading technologies implemented on The Ukrainian Exchange:

order-driven market,
quote-driven market,
repo market.

Fixed-Income

In a bid to improve the technological capabilities and to expand its list of trade instruments, the Ukrainian Exchange offers access to the market of internal government loan bonds (government bonds). Order prices are quoted as a percentage of the bonds’ face value. All orders submitted to the order book are binding offers. When a trade is executed its value includes the accrued interest calculated for the specified final settlement date. Minimum lot – ₴10,000. In order to be admitted to trading on the government bonds market exchange members must register at least one customer code or proprietary trading code linked to an account in the depository National Bank of Ukraine.

Fixed-Income

Derivatives

The derivatives market on the Ukrainian Exchange was launched on 27 May 2010. It operates on the trading platform provided by Russian Trading System with its proven collateral system and Central Counterparty guarantees, which has been operating successfully in Russia and demonstrated its capability during more than one crisis. Before June 2018, the Ukrainian Exchange trades contracts on the following underlyings:

UX Index (Ukrainian equities market benchmark);
US Dollar to Ukrainian Hryvnia exchange rate;
Euro to US Dollar exchange rate;
Gold price;
Brent crude oil price;
Bitcoin price;
Corn price;
Wheat price.

Privatization auctions

The Ukrainian Exchange holds trading in block of stocks of open joint stock companies in a form of a privatization auctions in accordance with "Provisions on the order for sale on the exchange stocks of the open joint stock companies owned by the state" and Trading Rules on The Ukrainian Exchange. The State Property Fund of Ukraine acts at the auctions as a Seller, and both legal entities and individuals who in accordance with the current legislation of Ukraine have a right for acquisition of property in the process of privatization can act as Buyers. In order to become a buyer at the privatization auction on The Ukrainian Exchange, residents need to fill in the documents, given below. Non-residents can contact one of members of exchange. Privatization auctions on The Ukrainian Exchange take place every Tuesday. The Exchange informs of the date and time of an auction on its website well in advance.

type	Stock exchange
city	Kyiv
country	Ukraine
foundation	15 May 2008
major shareholders	Dragon Capital, UNIVER Investment Group, Freedom Finance
key people	Artem Yershov (CEO)
currency	Ukrainian hryvnia (UAH)
listings	88 (January 2022)
mcap	US$4.4 billion (Jan 2022)
volume	US$120 million (Jan 2022)
indexes	UX Index (UAX) 1738.24 (4 January 2022)
homepage	www.ux.ua

History

Products and services

Equities

Fixed-Income

Fixed-Income

Derivatives

Privatization auctions

See also

External links

References