Trends in global stock market

Abstract

This article analyzes trends in the global stock market in the context of globalization. Globalization is changing the world stock market, after the global financial crisis of2008-2009 new financial instruments have developed and the long-term market trends have changed. Therefore, this article analyzes the trends in the global stock market formulated by the economists in the beginning of the 21st century and identifies new trends by the following directions: changes in the structure of the world stock market capitalization, changes in the volume of trading in securities and financial instruments, changes in the structure of multinational financial institutions, changes in the infrastructure of the global stock market, changes in the segment of the global derivatives market. These trends are: the development of the integration process, the emergence of financial innovation; decrease in the proportion and dominance of developed stock markets in the structure of the world capitalization, reduction of post-2008 global stock trading volume, an increase in the number of transactions with fixed-income instruments, the development of the Internet and high-tech solutions in trade and settlements systems, the consolidation of financial institutions and the significant development of the derivatives sector.