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Low success in the implementation of technology transfer projects in Ukraine is mainly caused by two groups of factors: the first one, directly related to the development of innovative processes, which hinders the country’s participation in the international exchange of technologies, and the second one, caused by the shortcomings of domestic legislation on the definition and protection of intellectual property rights of participants in the innovation process. In order to develop the economy both at the enterprise level and at the national level, the following technology transfers should be developed: firstly, the classical one, which provides for the work of enterprises and research institutions in close relationship; secondly, it requires the development of transformational technology transfer, which ensures closer cooperation in science with other countries; thirdly, it is necessary to attract unique and advanced technologies to the regions. As a result of technology transfer, developments can be successfully commercialized for the benefit of their authors and, as a result, tax revenues to the country’s budget can be increased.

Stock market of financial derivatives in Ukraine still develops. There is important to find the way how to use world experience for the domestic implementation. First of all there is a need to improve of legislative base to ensure economic and financial stability. The next way of integration process for domestic stock market of financial derivatives is stock consolidation. Before implementation of foreign experience on the stock market of Ukraine it is important to take into account of all risks which are connected with this process. This research shows appropriate steps for integration of Ukrainian stock market of financial derivatives into global scale. The article identifies the economic essence of derivatives and their types within market economy. Key trends in global derivatives trading are highlighted. Current state and organizational measures of derivatives market development in Ukraine are discussed. Price risk has become the main feature of contemporary commodity and financial markets. Globalization of world commodity and financial markets leads to rapid changes and uncertain business conditions. Under current circumstances, derivatives market provides efficient ways for price risk hedging within market economy. That is why it is important to take into consideration the contemporary state and perspectives of derivatives market in Ukraine.

The article reveals the essence and features of the development of the stock market in Ukraine. It was established that the vigorous activity of countries in the world financial markets means that they also face a risk of global financial turmoil (the so-called “domino effect”). It is determined that the impact of global financial instability on the country depends on the openness of its economy that will lead to significant external “shocks”. The possibility of providing effective influence on domestic stock market activity with taking into account the changing world situation, development of perfect trading strategies for each participant is substantiated. The conducted analysis of the world market conditions of stock markets in recent years has made it possible to assess the real risks for new participants in the stock market and become the basis for the development of an appropriate effective trading strategy. The practical significance of the results is that they allow for a measurable approach to assessing the existing risk when choosing one or another trading strategy to move to the world stock market.

Theme of stock market is on the level of development in some countries. It faces a number of problems for the first time and there are no mechanisms for its overcoming. There are offers how to overcome the most popular problems of countries where the stock market just start to develop. The main part is belonging to state intervention and formation of legislative bases. Due to methods of analysis and generalization the article offers measures and mechanism of action for countries which have the same problems like Ukrainian. This research can be applied as it is or become the basis for development of new recommendations for the regulation of stock market activity.

The paper is devoted to the study of the tools of technical analysis using computer technology. It analyzes the current conditions and the essence of the stock market, the basis of its functioning. The advantages of technical analysis are presented including accessibility and relative simplicity of its use. It analyzes the main indicators of the world stock market development and modern constant signs and tendencies of the process. It is revealed that the improvement of the technical analysis and increase of the forecast accuracy is a complex process. The prospects for the effective use of technical analysis in trading strategies for promoting analysis by using historical data of price changes for the asset under study by using computer software are determined. Back testing calculations are presented making clear the fact that the financial result would be given by a trading strategy based on the historical profitability of the asset.