INSTITUTIONS AND INSTRUMENTS OF THE EMERGING FINANCIAL MARKET

Abstract

Uzbekistan's transition to market relations, especially in the sphere of circulation is observed to occur together with fundamental changes. In a market economy exchanges are one of the main elements of the trading sphere. Modern exchanges, which are part of the market system, produce products in society to the acceleration of turnover and expanded production process serves continuity. Circulation of goods due to exchanges reduction of time, use of fixed assets and labor tools increasing efficiency, the need for bank loans and working capital reduces and thus the amount of resources directed to other sectors allows to increase. therefore the circulation of funds through the stock exchange system increasing the speed is one of the main economic tasks that are considered urgent today is counted.