Sakhiwo emakethe izibambiso kanye yokusebenza kwalo ngezindlela eziningi

Kuvele ihlelwe izibambiso emakethe - uhlelo lonke kwezomnotho, esiyingxenye le kwaneliswe isidingo ngabo. Izibambiso ekhishwe ngesimo izikhala, izitifiketi ahlukahlukene. Zingasetshenziswa abanikazi imizana futhi njengoba izibambiso. Central Bank ingase ibhaliswe noma lwezikhali.

Abahlanganyeli emakethe exchange kukhona utshalomali izikhungo, issuers kanye zimali. Exchange emakethe izibambiso Okokuthola - ingxenye jikelele emakethe yezimali, esebenzisa ngalo ukusebenza okusheshayo of izimali emikhakheni eyehlukene kwezomnotho.

Sakhiwo emakethe izibambiso ngeke aqukethe izinto ezilandelayo ezitholakala eSitatimendeni: abadlali; emakethe (stock exchange futhi OTC); elawula iziphathimandla zikahulumeni; izinhlangano ngabanye kanye nengqalasizinda zabo. Isakhiwo izibambiso emakethe liyinkimbinkimbi futhi enezici, has izici ezihlukahlukene. Ngakho-ke, ukuze ahlaziye kahle, kudingeka ucabangele element ngayinye ngokuningiliziwe. Asiqale nge izinhlangano izibambiso emakethe.

Ukuze emakethe abahlanganyeli zihlanganisa zimali, issuers, izikhungo professional. Ngakwelinye ihlangothi, ezimakethe zamasheya wehlukaniswa iziqephu CB: emakethe eyinhloko kanye yesibili. Ezimakethe eyinhloko, izibambiso yangasese ibekwe kumagazini wokuqala futhi yansukuzonke phakathi zimali ngamunye ubuningi ngokuqinile elinganiselwe. Ngesikhathi eyinhloko izibambiso emakethe zomphakathi zinto ziyatholakala kuwo wonke zimali njalo kokuvinjwa. Imakethe yesibili nayo izigaba ezimbili - exchange isitokwe futhi OTC ezimakethe. ukuvikeleka kwamasheya izinkampani ezinkulu ithengiswe emakethe yamasheya, okuyinto zivumelana amazinga emakethe (banayo ukusingatha inani elikhulu ukwabelana, inqobo degree of ukuthembeka). OTC emakethe isebenza namanye zimali - ezinkampanini ezinkulu, ogama ijubane kanye nosayizi ambalwa musa sifinyelele nezimfuneko eziqanjwe wemakethe exchange. Ngaphezu kwalokho, OTC emakethe libhekene zezimali eliphezulu kakhulu amasheya ezahlukene. Kwamanye amazwe, ivolumu OTC emakethe bayalingana futhi ngezinye izikhathi kakhulu ngaphambi ngevolumu izimakethe exchange ezisekelwe (New York Stock Exchange kanye Russian). Yamadivayisi izibambiso kahulumeni futhi nge OTC emakethe.

isakhiwo Market izibambiso ngaphakathi uqobo noma omunye kwingqalasizinda zabo siqukethe izigaba ezilandelayo. Kuyinto zomthetho umnyango, ulwazi, Depository, ukuhlanzwa kanye zokuhlala kanye yokubhalisa. Ngaphezu kwalokho, yonke le minyango abe ukuma ehlukile, ukuxazulula izinselele ezivamile esigcawini. Futhi ngaphezu kwakho konke, inhlangano jikelele inqubo yokuhweba, ukwakheka intengo Yiqiniso, ukuhlinzeka lonke ulwazi oludingekayo ukuze Umhlangano, isimo credit, ukuqinisekisa impahla ibe yimali, njll

isakhiwo Market izibambiso ukubunjwa yayo Ubuye izinhlobo ezahlukene isitokwe Ukuhwebelana. Ngokwesibonelo, it is a isitokwe Ukuhwebelana omphakathi, azimele okuxubile.

Kulokhu, inqubo yenhlangano yohwebo iliphi ifa ewusizo kubo, izindlela kanye nezindlela asetshenziswa ukubhida kuhluke kancane. Konke kuncike degree of ukuthuthukiswa ezimakethe zamasheya, inani izibambiso, kanye nenani oda ekusetshenzisweni kwazo noma ukuthenga, ku ushintsho amanani nokunyakaza. Izindlela ezilandelayo zokuhweba ezisetshenziswa ikakhulukazi. Lena - endalini elula futhi double. Futhi, amabhidi elula zingahlelwa ngesimo endalini umdayisi, umthengi, noma ngokwakhona. At inhliziyo umdayisi liyakhula intengo izibambiso enqubeni ukubhida. At inhliziyo umthengi kuphambene. Lapha, ukwehla intengo izibambiso enqubeni ukubhida. Ngo commerce endalini esekelwe ukuxhumana amanga inani elilinganiselwe amafa (CB) nge evunyiwe intengo umbundu, kuzobe kudayiswa isikhathi kuphela ngokuqinile kuchazwe nobubanzi besandla. Ngemva kokuthweswa iziqu zakhe, umdayisi Ucabangela yonke izicelo ayatholakala futhi uthengisela izibambiso ngentengo ezihlinzekwa umthengi ngenhla ezingeni umbundu, noma mhlawumbe kulinganiswe nakho.