id sid tid token lemma pos issue-52 1 1 baltic baltic PROPN issue-52 1 2 journal journal PROPN issue-52 1 3 of of ADP issue-52 1 4 economic economic ADJ issue-52 1 5 studies study NOUN issue-52 1 6 148 148 NUM issue-52 1 7 vol vol NOUN issue-52 1 8 . . PROPN issue-52 2 1 1 1 NUM issue-52 2 2 , , PUNCT issue-52 2 3 no no INTJ issue-52 2 4 . . NOUN issue-52 2 5 2 2 NUM issue-52 2 6 , , PUNCT issue-52 2 7 2015 2015 NUM issue-52 2 8 evaluation evaluation NOUN issue-52 2 9 of of ADP issue-52 2 10 the the DET issue-52 2 11 modern modern ADJ issue-52 2 12 tendencies tendency NOUN issue-52 2 13 in in ADP issue-52 2 14 the the DET issue-52 2 15 ukrainian ukrainian ADJ issue-52 2 16 stock stock NOUN issue-52 2 17 market market NOUN issue-52 2 18 development development PROPN issue-52 2 19 oleksandr oleksandr PROPN issue-52 2 20 trofimchuk1 trofimchuk1 PROPN issue-52 2 21 , , PUNCT issue-52 2 22 mykhailo mykhailo PROPN issue-52 2 23 trofimchuk2 trofimchuk2 NUM issue-52 2 24 , , PUNCT issue-52 2 25 international international ADJ issue-52 2 26 economics economic NOUN issue-52 2 27 and and CCONJ issue-52 2 28 humanities humanity NOUN issue-52 2 29 university university NOUN issue-52 2 30 named name VERB issue-52 2 31 after after ADP issue-52 2 32 s. s. PROPN issue-52 2 33 demyanchuk demyanchuk PROPN issue-52 2 34 , , PUNCT issue-52 2 35 ukraine ukraine ADJ issue-52 2 36 abstract abstract NOUN issue-52 2 37 . . PUNCT issue-52 3 1 the the DET issue-52 3 2 purpose purpose NOUN issue-52 3 3 of of ADP issue-52 3 4 the the DET issue-52 3 5 article article NOUN issue-52 3 6 is be AUX issue-52 3 7 to to PART issue-52 3 8 research research VERB issue-52 3 9 and and CCONJ issue-52 3 10 critically critically ADV issue-52 3 11 evaluate evaluate VERB issue-52 3 12 the the DET issue-52 3 13 features feature NOUN issue-52 3 14 of of ADP issue-52 3 15 functioning functioning NOUN issue-52 3 16 and and CCONJ issue-52 3 17 development development NOUN issue-52 3 18 the the DET issue-52 3 19 stock stock NOUN issue-52 3 20 market market NOUN issue-52 3 21 in in ADP issue-52 3 22 ukraine ukraine NOUN issue-52 3 23 . . PUNCT issue-52 4 1 the the DET issue-52 4 2 main main ADJ issue-52 4 3 point point NOUN issue-52 4 4 is be AUX issue-52 4 5 to to PART issue-52 4 6 substantiate substantiate VERB issue-52 4 7 modern modern ADJ issue-52 4 8 tendencies tendency NOUN issue-52 4 9 and and CCONJ issue-52 4 10 to to PART issue-52 4 11 find find VERB issue-52 4 12 ways way NOUN issue-52 4 13 of of ADP issue-52 4 14 more more ADV issue-52 4 15 efficient efficient ADJ issue-52 4 16 development development NOUN issue-52 4 17 of of ADP issue-52 4 18 the the DET issue-52 4 19 ukrainian ukrainian ADJ issue-52 4 20 stock stock NOUN issue-52 4 21 market market NOUN issue-52 4 22 . . PUNCT issue-52 5 1 methodology methodology NOUN issue-52 5 2 . . PUNCT issue-52 6 1 the the DET issue-52 6 2 research research NOUN issue-52 6 3 is be AUX issue-52 6 4 based base VERB issue-52 6 5 on on ADP issue-52 6 6 the the DET issue-52 6 7 analysis analysis NOUN issue-52 6 8 of of ADP issue-52 6 9 the the DET issue-52 6 10 important important ADJ issue-52 6 11 aspects aspect NOUN issue-52 6 12 which which PRON issue-52 6 13 characterize characterize VERB issue-52 6 14 stock stock NOUN issue-52 6 15 market market NOUN issue-52 6 16 development development NOUN issue-52 6 17 . . PUNCT issue-52 7 1 they they PRON issue-52 7 2 are be AUX issue-52 7 3 the the DET issue-52 7 4 volume volume NOUN issue-52 7 5 of of ADP issue-52 7 6 trading trading NOUN issue-52 7 7 activity activity NOUN issue-52 7 8 that that PRON issue-52 7 9 was be AUX issue-52 7 10 done do VERB issue-52 7 11 on on ADP issue-52 7 12 stock stock NOUN issue-52 7 13 exchanges exchange NOUN issue-52 7 14 , , PUNCT issue-52 7 15 level level NOUN issue-52 7 16 of of ADP issue-52 7 17 market market NOUN issue-52 7 18 capitalization capitalization NOUN issue-52 7 19 , , PUNCT issue-52 7 20 economic economic ADJ issue-52 7 21 concentration concentration NOUN issue-52 7 22 , , PUNCT issue-52 7 23 price price NOUN issue-52 7 24 policy policy NOUN issue-52 7 25 on on ADP issue-52 7 26 market market NOUN issue-52 7 27 services service NOUN issue-52 7 28 , , PUNCT issue-52 7 29 and and CCONJ issue-52 7 30 control control NOUN issue-52 7 31 over over ADP issue-52 7 32 the the DET issue-52 7 33 insider insider NOUN issue-52 7 34 information information NOUN issue-52 7 35 use use NOUN issue-52 7 36 and and CCONJ issue-52 7 37 manipulation manipulation NOUN issue-52 7 38 identification identification NOUN issue-52 7 39 . . PUNCT issue-52 8 1 results result NOUN issue-52 8 2 . . PUNCT issue-52 9 1 on on ADP issue-52 9 2 the the DET issue-52 9 3 basis basis NOUN issue-52 9 4 of of ADP issue-52 9 5 volume volume NOUN issue-52 9 6 of of ADP issue-52 9 7 trading trading NOUN issue-52 9 8 activity activity NOUN issue-52 9 9 that that PRON issue-52 9 10 was be AUX issue-52 9 11 done do VERB issue-52 9 12 on on ADP issue-52 9 13 stock stock NOUN issue-52 9 14 exchanges exchange NOUN issue-52 9 15 , , PUNCT issue-52 9 16 features feature NOUN issue-52 9 17 of of ADP issue-52 9 18 stock stock NOUN issue-52 9 19 market market NOUN issue-52 9 20 structure structure NOUN issue-52 9 21 are be AUX issue-52 9 22 determined determine VERB issue-52 9 23 . . PUNCT issue-52 10 1 comparative comparative ADJ issue-52 10 2 analysis analysis NOUN issue-52 10 3 between between ADP issue-52 10 4 the the DET issue-52 10 5 stock stock NOUN issue-52 10 6 market market NOUN issue-52 10 7 capitalization capitalization NOUN issue-52 10 8 level level NOUN issue-52 10 9 of of ADP issue-52 10 10 ukraine ukraine NOUN issue-52 10 11 and and CCONJ issue-52 10 12 average average ADJ issue-52 10 13 world world NOUN issue-52 10 14 index index NOUN issue-52 10 15 of of ADP issue-52 10 16 stock stock NOUN issue-52 10 17 market market NOUN issue-52 10 18 capitalization capitalization NOUN issue-52 10 19 is be AUX issue-52 10 20 done do VERB issue-52 10 21 . . PUNCT issue-52 11 1 the the DET issue-52 11 2 level level NOUN issue-52 11 3 and and CCONJ issue-52 11 4 dynamic dynamic ADJ issue-52 11 5 of of ADP issue-52 11 6 economic economic ADJ issue-52 11 7 concentration concentration NOUN issue-52 11 8 is be AUX issue-52 11 9 defined define VERB issue-52 11 10 . . PUNCT issue-52 12 1 features feature NOUN issue-52 12 2 of of ADP issue-52 12 3 competition competition NOUN issue-52 12 4 between between ADP issue-52 12 5 ukrainian ukrainian ADJ issue-52 12 6 stock stock NOUN issue-52 12 7 exchanges exchange NOUN issue-52 12 8 are be AUX issue-52 12 9 analyzed analyze VERB issue-52 12 10 . . PUNCT issue-52 13 1 great great ADJ issue-52 13 2 attention attention NOUN issue-52 13 3 in in ADP issue-52 13 4 research research NOUN issue-52 13 5 is be AUX issue-52 13 6 paid pay VERB issue-52 13 7 to to ADP issue-52 13 8 problems problem NOUN issue-52 13 9 of of ADP issue-52 13 10 control control NOUN issue-52 13 11 over over ADP issue-52 13 12 the the DET issue-52 13 13 insider insider NOUN issue-52 13 14 information information NOUN issue-52 13 15 use use NOUN issue-52 13 16 and and CCONJ issue-52 13 17 principles principle NOUN issue-52 13 18 of of ADP issue-52 13 19 manipulation manipulation NOUN issue-52 13 20 identification identification NOUN issue-52 13 21 by by ADP issue-52 13 22 stock stock NOUN issue-52 13 23 exchanges exchange NOUN issue-52 13 24 . . PUNCT issue-52 14 1 value value NOUN issue-52 14 2 / / SYM issue-52 14 3 originality originality NOUN issue-52 14 4 . . PUNCT issue-52 15 1 the the DET issue-52 15 2 research research NOUN issue-52 15 3 showed show VERB issue-52 15 4 that that SCONJ issue-52 15 5 main main ADJ issue-52 15 6 amount amount NOUN issue-52 15 7 of of ADP issue-52 15 8 trading trading NOUN issue-52 15 9 operations operation NOUN issue-52 15 10 was be AUX issue-52 15 11 done do VERB issue-52 15 12 in in ADP issue-52 15 13 “ " PUNCT issue-52 15 14 shadow shadow NOUN issue-52 15 15 ” " PUNCT issue-52 15 16 stock stock NOUN issue-52 15 17 market market NOUN issue-52 15 18 , , PUNCT issue-52 15 19 capitalization capitalization NOUN issue-52 15 20 level level NOUN issue-52 15 21 decreased decrease VERB issue-52 15 22 and and CCONJ issue-52 15 23 stock stock NOUN issue-52 15 24 market market NOUN issue-52 15 25 in in ADP issue-52 15 26 ukraine ukraine NOUN issue-52 15 27 does do AUX issue-52 15 28 not not PART issue-52 15 29 meet meet VERB issue-52 15 30 international international ADJ issue-52 15 31 standards standard NOUN issue-52 15 32 of of ADP issue-52 15 33 transparency transparency NOUN issue-52 15 34 . . PUNCT issue-52 16 1 further further ADJ issue-52 16 2 research research NOUN issue-52 16 3 should should AUX issue-52 16 4 be be AUX issue-52 16 5 focused focus VERB issue-52 16 6 on on ADP issue-52 16 7 problems problem NOUN issue-52 16 8 of of ADP issue-52 16 9 ensuring ensure VERB issue-52 16 10 the the DET issue-52 16 11 effective effective ADJ issue-52 16 12 implementation implementation NOUN issue-52 16 13 of of ADP issue-52 16 14 the the DET issue-52 16 15 basic basic ADJ issue-52 16 16 principles principle NOUN issue-52 16 17 of of ADP issue-52 16 18 competition competition NOUN issue-52 16 19 between between ADP issue-52 16 20 market market NOUN issue-52 16 21 participants participant NOUN issue-52 16 22 . . PUNCT issue-52 17 1 main main ADJ issue-52 17 2 point point NOUN issue-52 17 3 is be AUX issue-52 17 4 to to PART issue-52 17 5 provide provide VERB issue-52 17 6 law law NOUN issue-52 17 7 mechanisms mechanism NOUN issue-52 17 8 to to PART issue-52 17 9 increase increase VERB issue-52 17 10 transparency transparency NOUN issue-52 17 11 level level NOUN issue-52 17 12 of of ADP issue-52 17 13 the the DET issue-52 17 14 national national ADJ issue-52 17 15 stock stock NOUN issue-52 17 16 market market NOUN issue-52 17 17 and and CCONJ issue-52 17 18 to to PART issue-52 17 19 increase increase VERB issue-52 17 20 share share NOUN issue-52 17 21 of of ADP issue-52 17 22 organized organize VERB issue-52 17 23 stock stock NOUN issue-52 17 24 market market NOUN issue-52 17 25 in in ADP issue-52 17 26 ukraine ukraine PROPN issue-52 17 27 . . PUNCT issue-52 18 1 key key ADJ issue-52 18 2 words word NOUN issue-52 18 3 : : PUNCT issue-52 18 4 stock stock NOUN issue-52 18 5 market market NOUN issue-52 18 6 , , PUNCT issue-52 18 7 capitalization capitalization NOUN issue-52 18 8 , , PUNCT issue-52 18 9 competition competition NOUN issue-52 18 10 on on ADP issue-52 18 11 the the DET issue-52 18 12 stock stock NOUN issue-52 18 13 market market NOUN issue-52 18 14 , , PUNCT issue-52 18 15 organized organize VERB issue-52 18 16 stock stock NOUN issue-52 18 17 market market NOUN issue-52 18 18 , , PUNCT issue-52 18 19 stock stock NOUN issue-52 18 20 exchanges exchange NOUN issue-52 18 21 . . PUNCT issue-52 19 1 jel jel PROPN issue-52 19 2 classification classification NOUN issue-52 19 3 : : PUNCT issue-52 19 4 g1 g1 PROPN issue-52 19 5 , , PUNCT issue-52 19 6 g20 g20 NOUN issue-52 19 7 , , PUNCT issue-52 19 8 f36 f36 NOUN issue-52 19 9 1 1 NUM issue-52 19 10 . . PUNCT issue-52 20 1 introduction introduction NOUN issue-52 20 2 ukraine ukraine PROPN issue-52 20 3 chose choose VERB issue-52 20 4 the the DET issue-52 20 5 way way NOUN issue-52 20 6 of of ADP issue-52 20 7 the the DET issue-52 20 8 economy economy NOUN issue-52 20 9 development development NOUN issue-52 20 10 that that PRON issue-52 20 11 oriented orient VERB issue-52 20 12 on on ADP issue-52 20 13 integration integration NOUN issue-52 20 14 into into ADP issue-52 20 15 the the DET issue-52 20 16 european european PROPN issue-52 20 17 environment environment PROPN issue-52 20 18 . . PUNCT issue-52 21 1 it it PRON issue-52 21 2 requires require VERB issue-52 21 3 structural structural ADJ issue-52 21 4 reform reform NOUN issue-52 21 5 , , PUNCT issue-52 21 6 including include VERB issue-52 21 7 the the DET issue-52 21 8 construction construction NOUN issue-52 21 9 of of ADP issue-52 21 10 new new ADJ issue-52 21 11 and and CCONJ issue-52 21 12 improvement improvement NOUN issue-52 21 13 of of ADP issue-52 21 14 existing exist VERB issue-52 21 15 principles principle NOUN issue-52 21 16 of of ADP issue-52 21 17 the the DET issue-52 21 18 functioning functioning NOUN issue-52 21 19 in in ADP issue-52 21 20 all all DET issue-52 21 21 economic economic ADJ issue-52 21 22 and and CCONJ issue-52 21 23 financial financial ADJ issue-52 21 24 spheres sphere NOUN issue-52 21 25 , , PUNCT issue-52 21 26 including include VERB issue-52 21 27 stock stock NOUN issue-52 21 28 market market NOUN issue-52 21 29 . . PUNCT issue-52 22 1 developed develop VERB issue-52 22 2 stock stock NOUN issue-52 22 3 market market NOUN issue-52 22 4 provides provide VERB issue-52 22 5 a a DET issue-52 22 6 process process NOUN issue-52 22 7 of of ADP issue-52 22 8 capital capital NOUN issue-52 22 9 accumulation accumulation NOUN issue-52 22 10 and and CCONJ issue-52 22 11 distribution distribution NOUN issue-52 22 12 in in ADP issue-52 22 13 different different ADJ issue-52 22 14 economic economic ADJ issue-52 22 15 areas area NOUN issue-52 22 16 . . PUNCT issue-52 23 1 in in ADP issue-52 23 2 this this DET issue-52 23 3 regard regard NOUN issue-52 23 4 , , PUNCT issue-52 23 5 there there PRON issue-52 23 6 is be VERB issue-52 23 7 a a DET issue-52 23 8 necessity necessity NOUN issue-52 23 9 of of ADP issue-52 23 10 closer close ADJ issue-52 23 11 and and CCONJ issue-52 23 12 substantiated substantiated ADJ issue-52 23 13 study study NOUN issue-52 23 14 of of ADP issue-52 23 15 the the DET issue-52 23 16 phenomena phenomenon NOUN issue-52 23 17 that that PRON issue-52 23 18 ensure ensure VERB issue-52 23 19 effective effective ADJ issue-52 23 20 stock stock NOUN issue-52 23 21 market market NOUN issue-52 23 22 functioning function VERB issue-52 23 23 . . PUNCT issue-52 24 1 the the DET issue-52 24 2 research research NOUN issue-52 24 3 of of ADP issue-52 24 4 securities security NOUN issue-52 24 5 market market NOUN issue-52 24 6 functioning function VERB issue-52 24 7 should should AUX issue-52 24 8 be be AUX issue-52 24 9 done do VERB issue-52 24 10 on on ADP issue-52 24 11 the the DET issue-52 24 12 basis basis NOUN issue-52 24 13 of of ADP issue-52 24 14 parameters parameter NOUN issue-52 24 15 that that PRON issue-52 24 16 characterize characterize VERB issue-52 24 17 the the DET issue-52 24 18 results result NOUN issue-52 24 19 of of ADP issue-52 24 20 market market NOUN issue-52 24 21 activity activity NOUN issue-52 24 22 . . PUNCT issue-52 25 1 among among ADP issue-52 25 2 them they PRON issue-52 25 3 we we PRON issue-52 25 4 will will AUX issue-52 25 5 evaluate evaluate VERB issue-52 25 6 : : PUNCT issue-52 25 7 the the DET issue-52 25 8 volume volume NOUN issue-52 25 9 of of ADP issue-52 25 10 trading trading NOUN issue-52 25 11 activity activity NOUN issue-52 25 12 that that PRON issue-52 25 13 was be AUX issue-52 25 14 done do VERB issue-52 25 15 on on ADP issue-52 25 16 stock stock NOUN issue-52 25 17 exchanges exchange NOUN issue-52 25 18 , , PUNCT issue-52 25 19 level level NOUN issue-52 25 20 of of ADP issue-52 25 21 market market NOUN issue-52 25 22 capitalization capitalization NOUN issue-52 25 23 , , PUNCT issue-52 25 24 economic economic ADJ issue-52 25 25 concentration concentration NOUN issue-52 25 26 , , PUNCT issue-52 25 27 price price NOUN issue-52 25 28 policy policy NOUN issue-52 25 29 on on ADP issue-52 25 30 market market NOUN issue-52 25 31 services service NOUN issue-52 25 32 , , PUNCT issue-52 25 33 control control NOUN issue-52 25 34 over over ADP issue-52 25 35 the the DET issue-52 25 36 insider insider NOUN issue-52 25 37 information information NOUN issue-52 25 38 use use NOUN issue-52 25 39 and and CCONJ issue-52 25 40 manipulation manipulation NOUN issue-52 25 41 identification identification NOUN issue-52 25 42 . . PUNCT issue-52 26 1 2 2 X issue-52 26 2 . . X issue-52 26 3 trading trading NOUN issue-52 26 4 activity activity NOUN issue-52 26 5 the the DET issue-52 26 6 development development NOUN issue-52 26 7 and and CCONJ issue-52 26 8 the the DET issue-52 26 9 scale scale NOUN issue-52 26 10 of of ADP issue-52 26 11 any any DET issue-52 26 12 market market NOUN issue-52 26 13 , , PUNCT issue-52 26 14 including include VERB issue-52 26 15 the the DET issue-52 26 16 stock stock NOUN issue-52 26 17 market market NOUN issue-52 26 18 , , PUNCT issue-52 26 19 is be AUX issue-52 26 20 affected affect VERB issue-52 26 21 with with ADP issue-52 26 22 the the DET issue-52 26 23 presence presence NOUN issue-52 26 24 of of ADP issue-52 26 25 competition competition NOUN issue-52 26 26 between between ADP issue-52 26 27 its its PRON issue-52 26 28 participants participant NOUN issue-52 26 29 . . PUNCT issue-52 27 1 competitive competitive ADJ issue-52 27 2 principles principle NOUN issue-52 27 3 of of ADP issue-52 27 4 activity activity NOUN issue-52 27 5 should should AUX issue-52 27 6 be be AUX issue-52 27 7 the the DET issue-52 27 8 basis basis NOUN issue-52 27 9 of of ADP issue-52 27 10 stock stock NOUN issue-52 27 11 market market NOUN issue-52 27 12 operations operation NOUN issue-52 27 13 on on ADP issue-52 27 14 the the DET issue-52 27 15 stock stock NOUN issue-52 27 16 exchanges exchange NOUN issue-52 27 17 because because SCONJ issue-52 27 18 these these DET issue-52 27 19 organizations organization NOUN issue-52 27 20 provide provide VERB issue-52 27 21 infrastructural infrastructural ADJ issue-52 27 22 redistribution redistribution NOUN issue-52 27 23 of of ADP issue-52 27 24 financial financial ADJ issue-52 27 25 resources resource NOUN issue-52 27 26 . . PUNCT issue-52 28 1 in in ADP issue-52 28 2 accordance accordance NOUN issue-52 28 3 with with ADP issue-52 28 4 the the DET issue-52 28 5 law law NOUN issue-52 28 6 organized organize VERB issue-52 28 7 securities security NOUN issue-52 28 8 market market NOUN issue-52 28 9 in in ADP issue-52 28 10 ukraine ukraine NOUN issue-52 28 11 is be AUX issue-52 28 12 represented represent VERB issue-52 28 13 by by ADP issue-52 28 14 the the DET issue-52 28 15 stock stock NOUN issue-52 28 16 exchanges exchange NOUN issue-52 28 17 . . PUNCT issue-52 29 1 at at ADP issue-52 29 2 the the DET issue-52 29 3 beginning beginning NOUN issue-52 29 4 of of ADP issue-52 29 5 2014 2014 NUM issue-52 29 6 , , PUNCT issue-52 29 7 10 10 NUM issue-52 29 8 exchanges exchange NOUN issue-52 29 9 operated operate VERB issue-52 29 10 on on ADP issue-52 29 11 the the DET issue-52 29 12 ukrainian ukrainian ADJ issue-52 29 13 securities security NOUN issue-52 29 14 market market NOUN issue-52 29 15 : : PUNCT issue-52 29 16 « « PUNCT issue-52 29 17 kyivska kyivska VERB issue-52 29 18 mizhnarodna mizhnarodna PROPN issue-52 29 19 fondova fondova PROPN issue-52 29 20 birzha birzha NOUN issue-52 29 21 » » PUNCT issue-52 29 22 , , PUNCT issue-52 29 23 « « PUNCT issue-52 29 24 prydniprovska prydniprovska NOUN issue-52 29 25 fondova fondova NOUN issue-52 29 26 birzha birzha NOUN issue-52 29 27 » » PUNCT issue-52 29 28 « « PUNCT issue-52 29 29 ukrainska ukrainska ADJ issue-52 29 30 mizhbankivska mizhbankivska NOUN issue-52 29 31 valiutna valiutna PROPN issue-52 29 32 birzha birzha PROPN issue-52 29 33 » » PUNCT issue-52 29 34 , , PUNCT issue-52 29 35 « « PUNCT issue-52 29 36 ukrainska ukrainska PROPN issue-52 29 37 mizhnarodna mizhnarodna PROPN issue-52 29 38 fondova fondova PROPN issue-52 29 39 birzha birzha NOUN issue-52 29 40 » » PUNCT issue-52 29 41 , , PUNCT issue-52 29 42 « « PUNCT issue-52 29 43 ukrainska ukrainska ADJ issue-52 29 44 fondova fondova NOUN issue-52 29 45 birzha birzha NOUN issue-52 29 46 » » PUNCT issue-52 29 47 , , PUNCT issue-52 29 48 « « PUNCT issue-52 29 49 skhidno skhidno NOUN issue-52 29 50 - - PUNCT issue-52 29 51 yevropeiska yevropeiska NOUN issue-52 29 52 fondova fondova NOUN issue-52 29 53 birzha birzha NOUN issue-52 29 54 » » PUNCT issue-52 29 55 , , PUNCT issue-52 29 56 « « PUNCT issue-52 29 57 ukrainian ukrainian ADJ issue-52 29 58 exchange exchange NOUN issue-52 29 59 » » PUNCT issue-52 29 60 , , PUNCT issue-52 29 61 « « PUNCT issue-52 29 62 fondova fondova NOUN issue-52 29 63 birzha birzha NOUN issue-52 29 64 « « PUNCT issue-52 29 65 inneks innek NOUN issue-52 29 66 » » NOUN issue-52 29 67 , , PUNCT issue-52 29 68 « « PUNCT issue-52 29 69 fondova fondova NOUN issue-52 29 70 birzha birzha NOUN issue-52 29 71 « « PUNCT issue-52 29 72 pfts pft NOUN issue-52 29 73 » » PUNCT issue-52 29 74 , , PUNCT issue-52 29 75 « « PUNCT issue-52 29 76 fondova fondova NOUN issue-52 29 77 birzha birzha NOUN issue-52 29 78 « « PUNCT issue-52 29 79 perspektyva perspektyva ADJ issue-52 29 80 » » PUNCT issue-52 29 81 ( ( PUNCT issue-52 29 82 nssmc nssmc NOUN issue-52 29 83 , , PUNCT issue-52 29 84 2013 2013 NUM issue-52 29 85 ) ) PUNCT issue-52 29 86 . . PUNCT issue-52 30 1 in in ADP issue-52 30 2 ukraine ukraine PROPN issue-52 30 3 stock stock NOUN issue-52 30 4 exchanges exchange NOUN issue-52 30 5 enforce enforce VERB issue-52 30 6 the the DET issue-52 30 7 minor minor ADJ issue-52 30 8 volumes volume NOUN issue-52 30 9 of of ADP issue-52 30 10 trading trading NOUN issue-52 30 11 activities activity NOUN issue-52 30 12 . . PUNCT issue-52 31 1 despite despite SCONJ issue-52 31 2 the the DET issue-52 31 3 fact fact NOUN issue-52 31 4 that that SCONJ issue-52 31 5 during during ADP issue-52 31 6 2004corresponding 2004corresponde VERB issue-52 31 7 author author NOUN issue-52 31 8 : : PUNCT issue-52 31 9 1 1 NUM issue-52 31 10 department department NOUN issue-52 31 11 of of ADP issue-52 31 12 management management NOUN issue-52 31 13 , , PUNCT issue-52 31 14 international international ADJ issue-52 31 15 economics economic NOUN issue-52 31 16 and and CCONJ issue-52 31 17 humanities humanity NOUN issue-52 31 18 university university NOUN issue-52 31 19 named name VERB issue-52 31 20 after after ADP issue-52 31 21 s. s. PROPN issue-52 31 22 demyanchuk demyanchuk PROPN issue-52 31 23 . . PUNCT issue-52 32 1 e e X issue-52 32 2 - - NOUN issue-52 32 3 mail mail NOUN issue-52 32 4 : : PUNCT issue-52 32 5 mr.trofimchuk@gmail.com mr.trofimchuk@gmail.com PROPN issue-52 32 6 2 2 NUM issue-52 32 7 department department NOUN issue-52 32 8 of of ADP issue-52 32 9 economics economic NOUN issue-52 32 10 and and CCONJ issue-52 32 11 finance finance NOUN issue-52 32 12 , , PUNCT issue-52 32 13 international international ADJ issue-52 32 14 economics economic NOUN issue-52 32 15 and and CCONJ issue-52 32 16 humanities humanity NOUN issue-52 32 17 university university NOUN issue-52 32 18 named name VERB issue-52 32 19 after after ADP issue-52 32 20 s. s. PROPN issue-52 32 21 demyanchuk demyanchuk PROPN issue-52 32 22 . . PUNCT issue-52 33 1 e e X issue-52 33 2 - - NOUN issue-52 33 3 mail mail NOUN issue-52 33 4 : : PUNCT issue-52 33 5 mr.trofimchuk@gmail.com mr.trofimchuk@gmail.com PROPN issue-52 33 6 baltic baltic PROPN issue-52 33 7 journal journal PROPN issue-52 33 8 of of ADP issue-52 33 9 economic economic ADJ issue-52 33 10 studies study NOUN issue-52 33 11 149 149 NUM issue-52 33 12 vol vol NOUN issue-52 33 13 . . PROPN issue-52 34 1 1 1 NUM issue-52 34 2 , , PUNCT issue-52 34 3 no no INTJ issue-52 34 4 . . NOUN issue-52 34 5 2 2 NUM issue-52 34 6 , , PUNCT issue-52 34 7 2015 2015 NUM issue-52 34 8 2013 2013 NUM issue-52 34 9 years year NOUN issue-52 34 10 the the DET issue-52 34 11 volume volume NOUN issue-52 34 12 of of ADP issue-52 34 13 transactions transaction NOUN issue-52 34 14 that that PRON issue-52 34 15 where where SCONJ issue-52 34 16 done do VERB issue-52 34 17 in in ADP issue-52 34 18 the the DET issue-52 34 19 stock stock NOUN issue-52 34 20 exchanges exchange NOUN issue-52 34 21 , , PUNCT issue-52 34 22 demonstrated demonstrate VERB issue-52 34 23 positive positive ADJ issue-52 34 24 dynamics dynamic NOUN issue-52 34 25 the the DET issue-52 34 26 main main ADJ issue-52 34 27 array array NOUN issue-52 34 28 of of ADP issue-52 34 29 transactions transaction NOUN issue-52 34 30 with with ADP issue-52 34 31 securities security NOUN issue-52 34 32 in in ADP issue-52 34 33 ukraine ukraine PROPN issue-52 34 34 was be AUX issue-52 34 35 done do VERB issue-52 34 36 outside outside ADP issue-52 34 37 the the DET issue-52 34 38 organized organized ADJ issue-52 34 39 market market NOUN issue-52 34 40 ( ( PUNCT issue-52 34 41 figure figure NOUN issue-52 34 42 1 1 NUM issue-52 34 43 ) ) PUNCT issue-52 34 44 . . PUNCT issue-52 35 1 in in ADP issue-52 35 2 our our PRON issue-52 35 3 view view NOUN issue-52 35 4 the the DET issue-52 35 5 reasons reason NOUN issue-52 35 6 that that PRON issue-52 35 7 caused cause VERB issue-52 35 8 such such ADJ issue-52 35 9 situation situation NOUN issue-52 35 10 , , PUNCT issue-52 35 11 the the DET issue-52 35 12 low low ADJ issue-52 35 13 quality quality NOUN issue-52 35 14 of of ADP issue-52 35 15 the the DET issue-52 35 16 securities security NOUN issue-52 35 17 issued issue VERB issue-52 35 18 by by ADP issue-52 35 19 ukrainian ukrainian ADJ issue-52 35 20 enterprises enterprise NOUN issue-52 35 21 , , PUNCT issue-52 35 22 which which PRON issue-52 35 23 determines determine VERB issue-52 35 24 the the DET issue-52 35 25 low low ADJ issue-52 35 26 level level NOUN issue-52 35 27 of of ADP issue-52 35 28 enterprises enterprise NOUN issue-52 35 29 development development NOUN issue-52 35 30 , , PUNCT issue-52 35 31 poor poor ADJ issue-52 35 32 competitive competitive ADJ issue-52 35 33 abilities ability NOUN issue-52 35 34 , , PUNCT issue-52 35 35 the the DET issue-52 35 36 lack lack NOUN issue-52 35 37 of of ADP issue-52 35 38 innovation innovation NOUN issue-52 35 39 factor factor NOUN issue-52 35 40 in in ADP issue-52 35 41 the the DET issue-52 35 42 strategic strategic ADJ issue-52 35 43 management management NOUN issue-52 35 44 and and CCONJ issue-52 35 45 unwillingness unwillingness NOUN issue-52 35 46 to to PART issue-52 35 47 work work VERB issue-52 35 48 transparently transparently ADV issue-52 35 49 and and CCONJ issue-52 35 50 to to PART issue-52 35 51 attract attract VERB issue-52 35 52 investments investment NOUN issue-52 35 53 that that PRON issue-52 35 54 cause cause VERB issue-52 35 55 a a DET issue-52 35 56 redistribution redistribution NOUN issue-52 35 57 ownership ownership NOUN issue-52 35 58 on on ADP issue-52 35 59 assets asset NOUN issue-52 35 60 . . PUNCT issue-52 36 1 the the DET issue-52 36 2 positive positive ADJ issue-52 36 3 trend trend NOUN issue-52 36 4 of of ADP issue-52 36 5 recent recent ADJ issue-52 36 6 years year NOUN issue-52 36 7 for for ADP issue-52 36 8 the the DET issue-52 36 9 competitive competitive ADJ issue-52 36 10 relations relation NOUN issue-52 36 11 development development NOUN issue-52 36 12 on on ADP issue-52 36 13 the the DET issue-52 36 14 domestic domestic ADJ issue-52 36 15 securities security NOUN issue-52 36 16 market market NOUN issue-52 36 17 is be AUX issue-52 36 18 the the DET issue-52 36 19 growth growth NOUN issue-52 36 20 of of ADP issue-52 36 21 the the DET issue-52 36 22 share share NOUN issue-52 36 23 of of ADP issue-52 36 24 organized organized ADJ issue-52 36 25 market market NOUN issue-52 36 26 in in ADP issue-52 36 27 the the DET issue-52 36 28 total total ADJ issue-52 36 29 volume volume NOUN issue-52 36 30 of of ADP issue-52 36 31 trade trade NOUN issue-52 36 32 transactions transaction NOUN issue-52 36 33 that that PRON issue-52 36 34 were be AUX issue-52 36 35 done do VERB issue-52 36 36 on on ADP issue-52 36 37 the the DET issue-52 36 38 stock stock NOUN issue-52 36 39 exchanges exchange NOUN issue-52 36 40 . . PUNCT issue-52 37 1 fig fig NOUN issue-52 37 2 . . PUNCT issue-52 38 1 1 1 X issue-52 38 2 . . PUNCT issue-52 39 1 the the DET issue-52 39 2 dynamics dynamic NOUN issue-52 39 3 of of ADP issue-52 39 4 the the DET issue-52 39 5 organized organize VERB issue-52 39 6 ( ( PUNCT issue-52 39 7 stock stock NOUN issue-52 39 8 exchange exchange NOUN issue-52 39 9 ) ) PUNCT issue-52 39 10 market market NOUN issue-52 39 11 share share NOUN issue-52 39 12 in in ADP issue-52 39 13 total total ADJ issue-52 39 14 trading trading NOUN issue-52 39 15 activity activity NOUN issue-52 39 16 of of ADP issue-52 39 17 the the DET issue-52 39 18 ukrainian ukrainian ADJ issue-52 39 19 securities securities PROPN issue-52 39 20 market market NOUN issue-52 39 21 source source NOUN issue-52 39 22 : : PUNCT issue-52 39 23 national national ADJ issue-52 39 24 securities securities PROPN issue-52 39 25 and and CCONJ issue-52 39 26 stock stock NOUN issue-52 39 27 market market NOUN issue-52 39 28 commission commission PROPN issue-52 39 29 thus thus ADV issue-52 39 30 , , PUNCT issue-52 39 31 the the DET issue-52 39 32 open open ADJ issue-52 39 33 sales sale NOUN issue-52 39 34 of of ADP issue-52 39 35 financial financial ADJ issue-52 39 36 instruments instrument NOUN issue-52 39 37 on on ADP issue-52 39 38 stock stock NOUN issue-52 39 39 exchanges exchange NOUN issue-52 39 40 from from ADP issue-52 39 41 year year NOUN issue-52 39 42 to to ADP issue-52 39 43 year year NOUN issue-52 39 44 demonstrate demonstrate VERB issue-52 39 45 the the DET issue-52 39 46 growth growth NOUN issue-52 39 47 dynamics dynamic NOUN issue-52 39 48 but but CCONJ issue-52 39 49 the the DET issue-52 39 50 volume volume NOUN issue-52 39 51 of of ADP issue-52 39 52 such such ADJ issue-52 39 53 trading trading NOUN issue-52 39 54 activity activity NOUN issue-52 39 55 is be AUX issue-52 39 56 too too ADV issue-52 39 57 small small ADJ issue-52 39 58 . . PUNCT issue-52 40 1 thus thus ADV issue-52 40 2 , , PUNCT issue-52 40 3 during during ADP issue-52 40 4 the the DET issue-52 40 5 each each PRON issue-52 40 6 of of ADP issue-52 40 7 the the DET issue-52 40 8 study study NOUN issue-52 40 9 period period NOUN issue-52 40 10 by by ADP issue-52 40 11 2013 2013 NUM issue-52 40 12 , , PUNCT issue-52 40 13 the the DET issue-52 40 14 share share NOUN issue-52 40 15 of of ADP issue-52 40 16 executed execute VERB issue-52 40 17 securities security NOUN issue-52 40 18 transactions transaction NOUN issue-52 40 19 with with ADP issue-52 40 20 the the DET issue-52 40 21 direct direct ADJ issue-52 40 22 participation participation NOUN issue-52 40 23 of of ADP issue-52 40 24 trade trade NOUN issue-52 40 25 organizations organization NOUN issue-52 40 26 ranged range VERB issue-52 40 27 from from ADP issue-52 40 28 2 2 NUM issue-52 40 29 % % NOUN issue-52 40 30 to to PART issue-52 40 31 11 11 NUM issue-52 40 32 % % NOUN issue-52 40 33 . . PUNCT issue-52 41 1 but but CCONJ issue-52 41 2 in in ADP issue-52 41 3 2013 2013 NUM issue-52 41 4 it it PRON issue-52 41 5 increased increase VERB issue-52 41 6 up up ADP issue-52 41 7 to to ADP issue-52 41 8 27.63 27.63 NUM issue-52 41 9 % % NOUN issue-52 41 10 the the DET issue-52 41 11 rapid rapid ADJ issue-52 41 12 increasing increasing NOUN issue-52 41 13 of of ADP issue-52 41 14 the the DET issue-52 41 15 share share NOUN issue-52 41 16 of of ADP issue-52 41 17 trading trading NOUN issue-52 41 18 volume volume NOUN issue-52 41 19 of of ADP issue-52 41 20 operations operation NOUN issue-52 41 21 that that PRON issue-52 41 22 were be AUX issue-52 41 23 done do VERB issue-52 41 24 on on ADP issue-52 41 25 organized organized ADJ issue-52 41 26 market market NOUN issue-52 41 27 in in ADP issue-52 41 28 2013 2013 NUM issue-52 41 29 can can AUX issue-52 41 30 be be AUX issue-52 41 31 explained explain VERB issue-52 41 32 by by ADP issue-52 41 33 the the DET issue-52 41 34 new new ADJ issue-52 41 35 tax tax NOUN issue-52 41 36 that that PRON issue-52 41 37 is be AUX issue-52 41 38 dealing deal VERB issue-52 41 39 the the DET issue-52 41 40 operations operation NOUN issue-52 41 41 that that PRON issue-52 41 42 were be AUX issue-52 41 43 done do VERB issue-52 41 44 outside outside ADP issue-52 41 45 the the DET issue-52 41 46 stock stock NOUN issue-52 41 47 exchanges exchange NOUN issue-52 41 48 . . PUNCT issue-52 42 1 so so ADV issue-52 42 2 , , PUNCT issue-52 42 3 taxation taxation NOUN issue-52 42 4 rate rate NOUN issue-52 42 5 for for ADP issue-52 42 6 operations operation NOUN issue-52 42 7 that that PRON issue-52 42 8 providing provide VERB issue-52 42 9 out out ADP issue-52 42 10 the the DET issue-52 42 11 stock stock NOUN issue-52 42 12 exchanges exchange NOUN issue-52 42 13 at at ADP issue-52 42 14 the the DET issue-52 42 15 moment moment NOUN issue-52 42 16 is be AUX issue-52 42 17 1,5 1,5 NUM issue-52 42 18 % % NOUN issue-52 42 19 . . PUNCT issue-52 43 1 implementation implementation NOUN issue-52 43 2 of of ADP issue-52 43 3 this this DET issue-52 43 4 tax tax NOUN issue-52 43 5 facilitated facilitate VERB issue-52 43 6 the the DET issue-52 43 7 transfer transfer NOUN issue-52 43 8 of of ADP issue-52 43 9 trading trading NOUN issue-52 43 10 operations operation NOUN issue-52 43 11 to to ADP issue-52 43 12 the the DET issue-52 43 13 organized organize VERB issue-52 43 14 stock stock NOUN issue-52 43 15 market market NOUN issue-52 43 16 , , PUNCT issue-52 43 17 because because SCONJ issue-52 43 18 nobody nobody PRON issue-52 43 19 wanted want VERB issue-52 43 20 to to PART issue-52 43 21 pay pay VERB issue-52 43 22 extra extra ADJ issue-52 43 23 tax tax NOUN issue-52 43 24 . . PUNCT issue-52 44 1 however however ADV issue-52 44 2 national national ADJ issue-52 44 3 stock stock NOUN issue-52 44 4 market market NOUN issue-52 44 5 is be AUX issue-52 44 6 still still ADV issue-52 44 7 does do AUX issue-52 44 8 not not PART issue-52 44 9 provide provide VERB issue-52 44 10 the the DET issue-52 44 11 competitive competitive ADJ issue-52 44 12 transformation transformation NOUN issue-52 44 13 of of ADP issue-52 44 14 accumulated accumulate VERB issue-52 44 15 capital capital NOUN issue-52 44 16 into into ADP issue-52 44 17 investment investment NOUN issue-52 44 18 resources resource NOUN issue-52 44 19 on on ADP issue-52 44 20 the the DET issue-52 44 21 transparent transparent ADJ issue-52 44 22 basis basis NOUN issue-52 44 23 . . PUNCT issue-52 45 1 3 3 X issue-52 45 2 . . X issue-52 45 3 ukrainian ukrainian ADJ issue-52 45 4 stock stock NOUN issue-52 45 5 market market NOUN issue-52 45 6 capitalization capitalization NOUN issue-52 45 7 the the DET issue-52 45 8 great great ADJ issue-52 45 9 criteria criterion NOUN issue-52 45 10 to to PART issue-52 45 11 determine determine VERB issue-52 45 12 the the DET issue-52 45 13 level level NOUN issue-52 45 14 of of ADP issue-52 45 15 stock stock NOUN issue-52 45 16 market market NOUN issue-52 45 17 development development NOUN issue-52 45 18 is be AUX issue-52 45 19 a a DET issue-52 45 20 capitalization capitalization NOUN issue-52 45 21 . . PUNCT issue-52 46 1 it it PRON issue-52 46 2 should should AUX issue-52 46 3 be be AUX issue-52 46 4 noted note VERB issue-52 46 5 that that SCONJ issue-52 46 6 capitalization capitalization NOUN issue-52 46 7 of of ADP issue-52 46 8 the the DET issue-52 46 9 stock stock NOUN issue-52 46 10 market market NOUN issue-52 46 11 is be AUX issue-52 46 12 the the DET issue-52 46 13 fictitious fictitious ADJ issue-52 46 14 index index NOUN issue-52 46 15 of of ADP issue-52 46 16 companies company NOUN issue-52 46 17 ’ ' PUNCT issue-52 46 18 value value NOUN issue-52 46 19 . . PUNCT issue-52 47 1 it it PRON issue-52 47 2 based base VERB issue-52 47 3 on on ADP issue-52 47 4 the the DET issue-52 47 5 multiplication multiplication NOUN issue-52 47 6 of of ADP issue-52 47 7 the the DET issue-52 47 8 current current ADJ issue-52 47 9 market market NOUN issue-52 47 10 value value NOUN issue-52 47 11 of of ADP issue-52 47 12 the the DET issue-52 47 13 shares share NOUN issue-52 47 14 that that PRON issue-52 47 15 were be AUX issue-52 47 16 issued issue VERB issue-52 47 17 and and CCONJ issue-52 47 18 their their PRON issue-52 47 19 number number NOUN issue-52 47 20 . . PUNCT issue-52 48 1 so so ADV issue-52 48 2 it it PRON issue-52 48 3 does do AUX issue-52 48 4 not not PART issue-52 48 5 reflect reflect VERB issue-52 48 6 a a DET issue-52 48 7 real real ADJ issue-52 48 8 value value NOUN issue-52 48 9 because because SCONJ issue-52 48 10 different different ADJ issue-52 48 11 market market NOUN issue-52 48 12 factors factor NOUN issue-52 48 13 make make VERB issue-52 48 14 influence influence NOUN issue-52 48 15 on on ADP issue-52 48 16 shares share NOUN issue-52 48 17 prices price NOUN issue-52 48 18 . . PUNCT issue-52 49 1 in in ADP issue-52 49 2 the the DET issue-52 49 3 period period NOUN issue-52 49 4 from from ADP issue-52 49 5 2004 2004 NUM issue-52 49 6 to to ADP issue-52 49 7 2007 2007 NUM issue-52 49 8 , , PUNCT issue-52 49 9 on on ADP issue-52 49 10 a a DET issue-52 49 11 background background NOUN issue-52 49 12 of of ADP issue-52 49 13 economic economic ADJ issue-52 49 14 growth growth NOUN issue-52 49 15 of of ADP issue-52 49 16 the the DET issue-52 49 17 national national ADJ issue-52 49 18 economy economy NOUN issue-52 49 19 capitalization capitalization NOUN issue-52 49 20 index index NOUN issue-52 49 21 of of ADP issue-52 49 22 ukrainian ukrainian ADJ issue-52 49 23 listed list VERB issue-52 49 24 companies company NOUN issue-52 49 25 showed show VERB issue-52 49 26 steady steady ADJ issue-52 49 27 rising rise VERB issue-52 49 28 trend trend NOUN issue-52 49 29 . . PUNCT issue-52 50 1 so so ADV issue-52 50 2 during during ADP issue-52 50 3 this this DET issue-52 50 4 period period NOUN issue-52 50 5 in in ADP issue-52 50 6 absolute absolute ADJ issue-52 50 7 value value NOUN issue-52 50 8 it it PRON issue-52 50 9 increased increase VERB issue-52 50 10 almost almost ADV issue-52 50 11 on on ADP issue-52 50 12 100 100 NUM issue-52 50 13 billion billion NUM issue-52 50 14 us us PROPN issue-52 50 15 dollars dollar NOUN issue-52 50 16 . . PUNCT issue-52 51 1 but but CCONJ issue-52 51 2 the the DET issue-52 51 3 global global ADJ issue-52 51 4 crisis crisis NOUN issue-52 51 5 negatively negatively ADV issue-52 51 6 influenced influence VERB issue-52 51 7 on on ADP issue-52 51 8 the the DET issue-52 51 9 index index NOUN issue-52 51 10 of of ADP issue-52 51 11 stock stock NOUN issue-52 51 12 market market NOUN issue-52 51 13 capitalization capitalization NOUN issue-52 51 14 in in ADP issue-52 51 15 ukraine ukraine NOUN issue-52 51 16 , , PUNCT issue-52 51 17 it it PRON issue-52 51 18 is be AUX issue-52 51 19 evidenced evidence VERB issue-52 51 20 with with ADP issue-52 51 21 the the DET issue-52 51 22 rapid rapid ADJ issue-52 51 23 decline decline NOUN issue-52 51 24 of of ADP issue-52 51 25 this this DET issue-52 51 26 indicator indicator NOUN issue-52 51 27 , , PUNCT issue-52 51 28 both both CCONJ issue-52 51 29 in in ADP issue-52 51 30 the the DET issue-52 51 31 world world NOUN issue-52 51 32 and and CCONJ issue-52 51 33 in in ADP issue-52 51 34 ukraine ukraine NOUN issue-52 51 35 ( ( PUNCT issue-52 51 36 figure figure NOUN issue-52 51 37 2 2 NUM issue-52 51 38 ) ) PUNCT issue-52 51 39 . . PUNCT issue-52 52 1 fig fig NOUN issue-52 52 2 . . PUNCT issue-52 53 1 2 2 X issue-52 53 2 . . X issue-52 53 3 dynamics dynamic NOUN issue-52 53 4 of of ADP issue-52 53 5 stock stock NOUN issue-52 53 6 market market NOUN issue-52 53 7 capitalization capitalization NOUN issue-52 53 8 ratio ratio NOUN issue-52 53 9 in in ADP issue-52 53 10 the the DET issue-52 53 11 world world NOUN issue-52 53 12 and and CCONJ issue-52 53 13 in in ADP issue-52 53 14 ukraine ukraine PROPN issue-52 53 15 source source NOUN issue-52 53 16 : : PUNCT issue-52 53 17 the the DET issue-52 53 18 world world PROPN issue-52 53 19 bank bank PROPN issue-52 53 20 group group NOUN issue-52 53 21 the the DET issue-52 53 22 level level NOUN issue-52 53 23 of of ADP issue-52 53 24 ukrainian ukrainian ADJ issue-52 53 25 stock stock NOUN issue-52 53 26 market market NOUN issue-52 53 27 capitalization capitalization NOUN issue-52 53 28 in in ADP issue-52 53 29 the the DET issue-52 53 30 period period NOUN issue-52 53 31 from from ADP issue-52 53 32 2008 2008 NUM issue-52 53 33 to to ADP issue-52 53 34 2012 2012 NUM issue-52 53 35 was be AUX issue-52 53 36 extremely extremely ADV issue-52 53 37 small small ADJ issue-52 53 38 in in ADP issue-52 53 39 relation relation NOUN issue-52 53 40 to to ADP issue-52 53 41 gdp gdp NOUN issue-52 53 42 . . PUNCT issue-52 54 1 in in ADP issue-52 54 2 2012 2012 NUM issue-52 54 3 it it PRON issue-52 54 4 was be AUX issue-52 54 5 only only ADV issue-52 54 6 11.75 11.75 NUM issue-52 54 7 % % NOUN issue-52 54 8 . . PUNCT issue-52 55 1 while while SCONJ issue-52 55 2 the the DET issue-52 55 3 average average ADJ issue-52 55 4 value value NOUN issue-52 55 5 of of ADP issue-52 55 6 this this DET issue-52 55 7 indicator indicator NOUN issue-52 55 8 in in ADP issue-52 55 9 the the DET issue-52 55 10 world world NOUN issue-52 55 11 was be AUX issue-52 55 12 at at ADP issue-52 55 13 level level NOUN issue-52 55 14 of of ADP issue-52 55 15 76,18 76,18 NUM issue-52 55 16 % % NOUN issue-52 55 17 . . PUNCT issue-52 56 1 in in ADP issue-52 56 2 general general ADJ issue-52 56 3 , , PUNCT issue-52 56 4 backlog backlog NOUN issue-52 56 5 in in ADP issue-52 56 6 the the DET issue-52 56 7 capitalization capitalization NOUN issue-52 56 8 ratio ratio NOUN issue-52 56 9 of of ADP issue-52 56 10 the the DET issue-52 56 11 ukrainian ukrainian ADJ issue-52 56 12 stock stock NOUN issue-52 56 13 market market NOUN issue-52 56 14 relative relative ADJ issue-52 56 15 to to ADP issue-52 56 16 the the DET issue-52 56 17 average average ADJ issue-52 56 18 ratio ratio NOUN issue-52 56 19 in in ADP issue-52 56 20 the the DET issue-52 56 21 world world NOUN issue-52 56 22 in in ADP issue-52 56 23 the the DET issue-52 56 24 period period NOUN issue-52 56 25 from from ADP issue-52 56 26 2004 2004 NUM issue-52 56 27 to to ADP issue-52 56 28 2012 2012 NUM issue-52 56 29 was be AUX issue-52 56 30 about about ADV issue-52 56 31 60 60 NUM issue-52 56 32     SPACE issue-52 56 33 percentage percentage NOUN issue-52 56 34 points point NOUN issue-52 56 35 . . PUNCT issue-52 57 1 after after ADP issue-52 57 2 2008 2008 NUM issue-52 57 3 , , PUNCT issue-52 57 4 when when SCONJ issue-52 57 5 the the DET issue-52 57 6 stock stock NOUN issue-52 57 7 market market NOUN issue-52 57 8 in in ADP issue-52 57 9 ukraine ukraine NOUN issue-52 57 10 collapsed collapse VERB issue-52 57 11 , , PUNCT issue-52 57 12 due due ADP issue-52 57 13 to to ADP issue-52 57 14 the the DET issue-52 57 15 global global ADJ issue-52 57 16 financial financial ADJ issue-52 57 17 crisis crisis NOUN issue-52 57 18 , , PUNCT issue-52 57 19 it it PRON issue-52 57 20 began begin VERB issue-52 57 21 gradual gradual ADJ issue-52 57 22 growth growth NOUN issue-52 57 23 . . PUNCT issue-52 58 1 in in ADP issue-52 58 2 2010 2010 NUM issue-52 58 3 , , PUNCT issue-52 58 4 capitalization capitalization NOUN issue-52 58 5 ratio ratio NOUN issue-52 58 6 increased increase VERB issue-52 58 7 significantly significantly ADV issue-52 58 8 , , PUNCT issue-52 58 9 which which PRON issue-52 58 10 was be AUX issue-52 58 11 primarily primarily ADV issue-52 58 12 associated associate VERB issue-52 58 13 with with ADP issue-52 58 14 the the DET issue-52 58 15 increased increase VERB issue-52 58 16 number number NOUN issue-52 58 17 of of ADP issue-52 58 18 securities security NOUN issue-52 58 19 of of ADP issue-52 58 20 issuers issuer NOUN issue-52 58 21 were be AUX issue-52 58 22 allowed allow VERB issue-52 58 23 to to PART issue-52 58 24 trade trade VERB issue-52 58 25 their their PRON issue-52 58 26 stock stock NOUN issue-52 58 27 on on ADP issue-52 58 28 the the DET issue-52 58 29 market market NOUN issue-52 58 30 . . PUNCT issue-52 59 1 but but CCONJ issue-52 59 2 gdp gdp NOUN issue-52 59 3 of of ADP issue-52 59 4 ukraine ukraine NOUN issue-52 59 5 in in ADP issue-52 59 6 2011 2011 NUM issue-52 59 7 and and CCONJ issue-52 59 8 2012 2012 NUM issue-52 59 9 was be AUX issue-52 59 10 growing grow VERB issue-52 59 11 faster fast ADV issue-52 59 12 than than ADP issue-52 59 13 market market NOUN issue-52 59 14 capitalization capitalization NOUN issue-52 59 15 of of ADP issue-52 59 16 listed list VERB issue-52 59 17 companies company NOUN issue-52 59 18 . . PUNCT issue-52 60 1 this this DET issue-52 60 2 situation situation NOUN issue-52 60 3 negatively negatively ADV issue-52 60 4 influenced influence VERB issue-52 60 5 on on ADP issue-52 60 6 capitalization capitalization NOUN issue-52 60 7 ratio ratio NOUN issue-52 60 8 . . PUNCT issue-52 61 1 thus thus ADV issue-52 61 2 , , PUNCT issue-52 61 3 the the DET issue-52 61 4 total total ADJ issue-52 61 5 level level NOUN issue-52 61 6 of of ADP issue-52 61 7 stock stock NOUN issue-52 61 8 market market NOUN issue-52 61 9 capitalization capitalization NOUN issue-52 61 10 used use VERB issue-52 61 11 to to PART issue-52 61 12 reduce reduce VERB issue-52 61 13 . . PUNCT issue-52 62 1 we we PRON issue-52 62 2 must must AUX issue-52 62 3 to to PART issue-52 62 4 emphasize emphasize VERB issue-52 62 5 that that SCONJ issue-52 62 6 on on ADP issue-52 62 7 capitalization capitalization NOUN issue-52 62 8 level level NOUN issue-52 62 9 influenced influence VERB issue-52 62 10 low low ADJ issue-52 62 11 volume volume NOUN issue-52 62 12 of of ADP issue-52 62 13 trading trading NOUN issue-52 62 14 activity activity NOUN issue-52 62 15 with with ADP issue-52 62 16 shares share NOUN issue-52 62 17 on on ADP issue-52 62 18 flagship flagship NOUN issue-52 62 19 of of ADP issue-52 62 20 ukrainian ukrainian ADJ issue-52 62 21 stock stock NOUN issue-52 62 22 market market NOUN issue-52 62 23 – – PUNCT issue-52 62 24 ukrainian ukrainian ADJ issue-52 62 25 exchange exchange NOUN issue-52 62 26 and and CCONJ issue-52 62 27 stock stock NOUN issue-52 62 28 exchange exchange NOUN issue-52 62 29 pfts pft NOUN issue-52 62 30 . . PUNCT issue-52 63 1 in in ADP issue-52 63 2 general general ADJ issue-52 63 3 , , PUNCT issue-52 63 4 level level NOUN issue-52 63 5 of of ADP issue-52 63 6 stock stock NOUN issue-52 63 7 market market NOUN issue-52 63 8 capitalization capitalization NOUN issue-52 63 9 in in ADP issue-52 63 10 ukraine ukraine NOUN issue-52 63 11 can can AUX issue-52 63 12 not not PART issue-52 63 13 be be AUX issue-52 63 14 considered consider VERB issue-52 63 15 as as ADP issue-52 63 16 objective objective ADJ issue-52 63 17 index index NOUN issue-52 63 18 due due ADP issue-52 63 19 to to ADP issue-52 63 20 following follow VERB issue-52 63 21 reasons reason NOUN issue-52 63 22 : : PUNCT issue-52 63 23 transactions transaction NOUN issue-52 63 24 are be AUX issue-52 63 25 concentrated concentrate VERB issue-52 63 26 mainly mainly ADV issue-52 63 27 on on ADP issue-52 63 28 shadow shadow NOUN issue-52 63 29 ( ( PUNCT issue-52 63 30 non non ADJ issue-52 63 31 - - ADJ issue-52 63 32 organized organized ADJ issue-52 63 33 ) ) PUNCT issue-52 63 34 market market NOUN issue-52 63 35 , , PUNCT issue-52 63 36 the the DET issue-52 63 37 agreements agreement NOUN issue-52 63 38 are be AUX issue-52 63 39 concentrated concentrate VERB issue-52 63 40 mainly mainly ADV issue-52 63 41 in in ADP issue-52 63 42 the the DET issue-52 63 43 otc otc PROPN issue-52 63 44 market market NOUN issue-52 63 45 , , PUNCT issue-52 63 46 large large ADJ issue-52 63 47 number number NOUN issue-52 63 48 of of ADP issue-52 63 49 closed closed ADJ issue-52 63 50 ( ( PUNCT issue-52 63 51 private private ADJ issue-52 63 52 ) ) PUNCT issue-52 63 53 joint joint ADJ issue-52 63 54 stock stock NOUN issue-52 63 55 companies company NOUN issue-52 63 56 ( ( PUNCT issue-52 63 57 at at ADP issue-52 63 58 the the DET issue-52 63 59 beginning beginning NOUN issue-52 63 60 of of ADP issue-52 63 61 2013 2013 NUM issue-52 63 62 in in ADP issue-52 63 63 ukraine ukraine PROPN issue-52 63 64 registered register VERB issue-52 63 65 18 18 NUM issue-52 63 66 008 008 NUM issue-52 63 67 private private ADJ issue-52 63 68 and and CCONJ issue-52 63 69 closed closed ADJ issue-52 63 70 joint joint ADJ issue-52 63 71 stock stock NOUN issue-52 63 72 it it PRON issue-52 63 73 is be AUX issue-52 63 74 71,3 71,3 NUM issue-52 63 75 % % NOUN issue-52 63 76 total total ADJ issue-52 63 77 number number NOUN issue-52 63 78 of of ADP issue-52 63 79 joint joint ADJ issue-52 63 80 stock stock NOUN issue-52 63 81 companies company NOUN issue-52 63 82 in in ADP issue-52 63 83 ukraine ukraine NOUN issue-52 63 84 ) ) PUNCT issue-52 63 85 very very ADV issue-52 63 86 low low ADJ issue-52 63 87 share share NOUN issue-52 63 88 of of ADP issue-52 63 89 issuers issuer NOUN issue-52 63 90 whose whose DET issue-52 63 91 shares share NOUN issue-52 63 92 are be AUX issue-52 63 93 included include VERB issue-52 63 94 in in ADP issue-52 63 95 quotation quotation NOUN issue-52 63 96 lists list NOUN issue-52 63 97 of of ADP issue-52 63 98 stock stock NOUN issue-52 63 99 exchanges exchange NOUN issue-52 63 100 ( ( PUNCT issue-52 63 101 deeva deeva PROPN issue-52 63 102 , , PUNCT issue-52 63 103 2009 2009 NUM issue-52 63 104 ) ) PUNCT issue-52 63 105 . . PUNCT issue-52 64 1 baltic baltic PROPN issue-52 64 2 journal journal PROPN issue-52 64 3 of of ADP issue-52 64 4 economic economic ADJ issue-52 64 5 studies study NOUN issue-52 64 6 150 150 NUM issue-52 64 7 vol vol NOUN issue-52 64 8 . . PROPN issue-52 65 1 1 1 NUM issue-52 65 2 , , PUNCT issue-52 65 3 no no INTJ issue-52 65 4 . . NOUN issue-52 65 5 2 2 NUM issue-52 65 6 , , PUNCT issue-52 65 7 2015 2015 NUM issue-52 65 8 4 4 NUM issue-52 65 9 . . PUNCT issue-52 66 1 economic economic ADJ issue-52 66 2 concentration concentration NOUN issue-52 66 3 and and CCONJ issue-52 66 4 competition competition NOUN issue-52 66 5 between between ADP issue-52 66 6 stock stock NOUN issue-52 66 7 exchanges exchange NOUN issue-52 66 8 in in ADP issue-52 66 9 2009 2009 NUM issue-52 66 10 high high ADJ issue-52 66 11 concentration concentration NOUN issue-52 66 12 level level NOUN issue-52 66 13 persisted persist VERB issue-52 66 14 , , PUNCT issue-52 66 15 but but CCONJ issue-52 66 16 the the DET issue-52 66 17 situation situation NOUN issue-52 66 18 on on ADP issue-52 66 19 ukrainian ukrainian ADJ issue-52 66 20 stock stock NOUN issue-52 66 21 market market NOUN issue-52 66 22 changed change VERB issue-52 66 23 to to ADP issue-52 66 24 oligopoly oligopoly PROPN issue-52 66 25 . . PUNCT issue-52 67 1 from from ADP issue-52 67 2 2010 2010 NUM issue-52 67 3 to to ADP issue-52 67 4 2013 2013 NUM issue-52 67 5 , , PUNCT issue-52 67 6 was be AUX issue-52 67 7 evident evident ADJ issue-52 67 8 tendency tendency NOUN issue-52 67 9 to to ADP issue-52 67 10 gradual gradual ADJ issue-52 67 11 monopolization monopolization NOUN issue-52 67 12 of of ADP issue-52 67 13 exchange exchange NOUN issue-52 67 14 services service NOUN issue-52 67 15 on on ADP issue-52 67 16 the the DET issue-52 67 17 ukrainian ukrainian ADJ issue-52 67 18 securities security NOUN issue-52 67 19 market market NOUN issue-52 67 20 . . PUNCT issue-52 68 1 this this DET issue-52 68 2 conclusion conclusion NOUN issue-52 68 3 we we PRON issue-52 68 4 can can AUX issue-52 68 5 do do VERB issue-52 68 6 after after ADP issue-52 68 7 analysis analysis NOUN issue-52 68 8 of of ADP issue-52 68 9 special special ADJ issue-52 68 10 special special ADJ issue-52 68 11 indicators indicator NOUN issue-52 68 12 that that PRON issue-52 68 13 characterize characterize VERB issue-52 68 14 economic economic ADJ issue-52 68 15 concentration concentration NOUN issue-52 68 16 . . PUNCT issue-52 69 1 in in ADP issue-52 69 2 this this DET issue-52 69 3 purpose purpose NOUN issue-52 69 4 we we PRON issue-52 69 5 can can AUX issue-52 69 6 use use VERB issue-52 69 7 quantity quantity NOUN issue-52 69 8 of of ADP issue-52 69 9 stock stock NOUN issue-52 69 10 exchanges exchange NOUN issue-52 69 11 herfindahl herfindahl NOUN issue-52 69 12 - - PUNCT issue-52 69 13 hirschman hirschman NOUN issue-52 69 14 index index NOUN issue-52 69 15 ( ( PUNCT issue-52 69 16 нні нні NOUN issue-52 69 17 ) ) PUNCT issue-52 69 18 , , PUNCT issue-52 69 19 hall hall NOUN issue-52 69 20 - - PUNCT issue-52 69 21 tidemann tidemann PROPN issue-52 69 22 index index NOUN issue-52 69 23 ( ( PUNCT issue-52 69 24 нт нт NOUN issue-52 69 25 ) ) PUNCT issue-52 69 26 , , PUNCT issue-52 69 27 concentration concentration NOUN issue-52 69 28 ratio ratio NOUN issue-52 69 29 ( ( PUNCT issue-52 69 30 cr3 cr3 NOUN issue-52 69 31 ) ) PUNCT issue-52 69 32 , , PUNCT issue-52 69 33 concentration concentration NOUN issue-52 69 34 ratio ratio NOUN issue-52 69 35 ( ( PUNCT issue-52 69 36 cr4 cr4 PROPN issue-52 69 37 ) ) PUNCT issue-52 69 38 , , PUNCT issue-52 69 39 coefficient coefficient NOUN issue-52 69 40 of of ADP issue-52 69 41 entropy entropy NOUN issue-52 69 42 ( ( PUNCT issue-52 69 43 е е NOUN issue-52 69 44 ) ) PUNCT issue-52 69 45 , , PUNCT issue-52 69 46 the the DET issue-52 69 47 maximum maximum PROPN issue-52 69 48 share share NOUN issue-52 69 49 index index NOUN issue-52 69 50 ( ( PUNCT issue-52 69 51 id(max id(max PROPN issue-52 69 52 ) ) PUNCT issue-52 69 53 ) ) PUNCT issue-52 69 54 . . PUNCT issue-52 70 1 the the DET issue-52 70 2 number number NOUN issue-52 70 3 of of ADP issue-52 70 4 stock stock NOUN issue-52 70 5 exchanges exchange NOUN issue-52 70 6 on on ADP issue-52 70 7 the the DET issue-52 70 8 ukrainian ukrainian ADJ issue-52 70 9 stock stock NOUN issue-52 70 10 market market NOUN issue-52 70 11 during during ADP issue-52 70 12 the the DET issue-52 70 13 analysed analyse VERB issue-52 70 14 period period NOUN issue-52 70 15 was be AUX issue-52 70 16 not not PART issue-52 70 17 stable stable ADJ issue-52 70 18 , , PUNCT issue-52 70 19 but but CCONJ issue-52 70 20 variations variation NOUN issue-52 70 21 were be AUX issue-52 70 22 not not PART issue-52 70 23 significant significant ADJ issue-52 70 24 . . PUNCT issue-52 71 1 the the DET issue-52 71 2 last last ADJ issue-52 71 3 4 4 NUM issue-52 71 4 on on ADP issue-52 71 5 the the DET issue-52 71 6 market market NOUN issue-52 71 7 operates operate VERB issue-52 71 8 10 10 NUM issue-52 71 9 trading trading NOUN issue-52 71 10 platforms platform NOUN issue-52 71 11 . . PUNCT issue-52 72 1 due due ADP issue-52 72 2 to to ADP issue-52 72 3 concentration concentration NOUN issue-52 72 4 ratio ratio NOUN issue-52 72 5 ( ( PUNCT issue-52 72 6 cr3 cr3 NOUN issue-52 72 7 ) ) PUNCT issue-52 72 8 and and CCONJ issue-52 72 9 concentration concentration NOUN issue-52 72 10 ratio ratio NOUN issue-52 72 11 ( ( PUNCT issue-52 72 12 cr4 cr4 NOUN issue-52 72 13 ) ) PUNCT issue-52 72 14 in in ADP issue-52 72 15 each each DET issue-52 72 16 period period NOUN issue-52 72 17 was be AUX issue-52 72 18 hi hi INTJ issue-52 72 19 level level NOUN issue-52 72 20 of of ADP issue-52 72 21 economic economic ADJ issue-52 72 22 concentration concentration NOUN issue-52 72 23 of of ADP issue-52 72 24 stock stock NOUN issue-52 72 25 exchanges exchange NOUN issue-52 72 26 on on ADP issue-52 72 27 the the DET issue-52 72 28 market market NOUN issue-52 72 29 . . PUNCT issue-52 73 1 evaluating evaluate VERB issue-52 73 2 these these DET issue-52 73 3 coefficients coefficient NOUN issue-52 73 4 we we PRON issue-52 73 5 can can AUX issue-52 73 6 see see VERB issue-52 73 7 that that PRON issue-52 73 8 from from ADP issue-52 73 9 2004 2004 NUM issue-52 73 10 to to ADP issue-52 73 11 2008 2008 NUM issue-52 73 12 , , PUNCT issue-52 73 13 the the DET issue-52 73 14 market market NOUN issue-52 73 15 situation situation NOUN issue-52 73 16 was be AUX issue-52 73 17 close close ADJ issue-52 73 18 to to ADP issue-52 73 19 a a DET issue-52 73 20 monopoly monopoly NOUN issue-52 73 21 . . PUNCT issue-52 74 1 in in ADP issue-52 74 2 accordance accordance NOUN issue-52 74 3 with with ADP issue-52 74 4 herfindahl herfindahl NOUN issue-52 74 5 - - PUNCT issue-52 74 6 hirschman hirschman NOUN issue-52 74 7 index index NOUN issue-52 74 8 during during ADP issue-52 74 9 the the DET issue-52 74 10 research research NOUN issue-52 74 11 period period NOUN issue-52 74 12 this this DET issue-52 74 13 indicator indicator NOUN issue-52 74 14 was be AUX issue-52 74 15 in in ADP issue-52 74 16 frames frame NOUN issue-52 74 17 180010000 180010000 NUM issue-52 74 18 which which PRON issue-52 74 19 indicates indicate VERB issue-52 74 20 that that SCONJ issue-52 74 21 the the DET issue-52 74 22 market market NOUN issue-52 74 23 for for ADP issue-52 74 24 stock stock NOUN issue-52 74 25 exchanges exchange NOUN issue-52 74 26 in in ADP issue-52 74 27 ukraine ukraine NOUN issue-52 74 28 was be AUX issue-52 74 29 highly highly ADV issue-52 74 30 concentrated concentrated ADJ issue-52 74 31 . . PUNCT issue-52 75 1 however however ADV issue-52 75 2 , , PUNCT issue-52 75 3 in in ADP issue-52 75 4 2006 2006 NUM issue-52 75 5 due due ADP issue-52 75 6 to to ADP issue-52 75 7 volume volume NOUN issue-52 75 8 of of ADP issue-52 75 9 this this DET issue-52 75 10 index index NOUN issue-52 75 11 ( ( PUNCT issue-52 75 12 нні нні NOUN issue-52 75 13 – – PUNCT issue-52 75 14 9286,95 9286,95 NUM issue-52 75 15 ) ) PUNCT issue-52 75 16 the the DET issue-52 75 17 market market NOUN issue-52 75 18 was be AUX issue-52 75 19 actually actually ADV issue-52 75 20 monopolized monopolize VERB issue-52 75 21 . . PUNCT issue-52 76 1 according accord VERB issue-52 76 2 to to ADP issue-52 76 3 the the DET issue-52 76 4 hall hall NOUN issue-52 76 5 - - PUNCT issue-52 76 6 tidemann tidemann NOUN issue-52 76 7 index index NOUN issue-52 76 8 ( ( PUNCT issue-52 76 9 нт нт ADP issue-52 76 10 ) ) PUNCT issue-52 76 11 the the DET issue-52 76 12 highest high ADJ issue-52 76 13 level level NOUN issue-52 76 14 of of ADP issue-52 76 15 economic economic ADJ issue-52 76 16 concentration concentration NOUN issue-52 76 17 was be AUX issue-52 76 18 in in ADP issue-52 76 19 2006 2006 NUM issue-52 76 20 – – PUNCT issue-52 76 21 0.86 0.86 NUM issue-52 76 22 . . PUNCT issue-52 77 1 since since SCONJ issue-52 77 2 2009 2009 NUM issue-52 77 3 , , PUNCT issue-52 77 4 entropy entropy PROPN issue-52 77 5 coefficient coefficient NOUN issue-52 77 6 has have AUX issue-52 77 7 been be AUX issue-52 77 8 increased increase VERB issue-52 77 9 slightly slightly ADV issue-52 77 10 , , PUNCT issue-52 77 11 but but CCONJ issue-52 77 12 its its PRON issue-52 77 13 number number NOUN issue-52 77 14 is be AUX issue-52 77 15 still still ADV issue-52 77 16 small small ADJ issue-52 77 17 , , PUNCT issue-52 77 18 so so SCONJ issue-52 77 19 it it PRON issue-52 77 20 means mean VERB issue-52 77 21 the the DET issue-52 77 22 existence existence NOUN issue-52 77 23 of of ADP issue-52 77 24 variation variation NOUN issue-52 77 25 between between ADP issue-52 77 26 monopoly monopoly NOUN issue-52 77 27 and and CCONJ issue-52 77 28 oligopoly oligopoly ADJ issue-52 77 29 market market NOUN issue-52 77 30 situation situation NOUN issue-52 77 31 . . PUNCT issue-52 78 1 similar similar ADJ issue-52 78 2 conclusions conclusion NOUN issue-52 78 3 can can AUX issue-52 78 4 be be AUX issue-52 78 5 made make VERB issue-52 78 6 based base VERB issue-52 78 7 on on ADP issue-52 78 8 the the DET issue-52 78 9 maximum maximum PROPN issue-52 78 10 share share NOUN issue-52 78 11 index index NOUN issue-52 78 12 . . PUNCT issue-52 79 1 according accord VERB issue-52 79 2 to to ADP issue-52 79 3 its its PRON issue-52 79 4 thresholds threshold NOUN issue-52 79 5 from from ADP issue-52 79 6 2004 2004 NUM issue-52 79 7 to to ADP issue-52 79 8 2009 2009 NUM issue-52 79 9 the the DET issue-52 79 10 stock stock NOUN issue-52 79 11 exchange exchange NOUN issue-52 79 12 market market NOUN issue-52 79 13 in in ADP issue-52 79 14 ukraine ukraine NOUN issue-52 79 15 was be AUX issue-52 79 16 practically practically ADV issue-52 79 17 monopolized monopolize VERB issue-52 79 18 by by ADP issue-52 79 19 a a DET issue-52 79 20 few few ADJ issue-52 79 21 stock stock NOUN issue-52 79 22 exchanges exchange NOUN issue-52 79 23 and and CCONJ issue-52 79 24 from from ADP issue-52 79 25 2009 2009 NUM issue-52 79 26 to to ADP issue-52 79 27 2012 2012 NUM issue-52 79 28 there there PRON issue-52 79 29 was be VERB issue-52 79 30 an an DET issue-52 79 31 oligopoly oligopoly ADJ issue-52 79 32 situation situation NOUN issue-52 79 33 . . PUNCT issue-52 80 1 thus thus ADV issue-52 80 2 , , PUNCT issue-52 80 3 all all DET issue-52 80 4 indicators indicator NOUN issue-52 80 5 characterize characterize VERB issue-52 80 6 a a DET issue-52 80 7 similar similar ADJ issue-52 80 8 trend trend NOUN issue-52 80 9 , , PUNCT issue-52 80 10 according accord VERB issue-52 80 11 to to ADP issue-52 80 12 the the DET issue-52 80 13 results result NOUN issue-52 80 14 obtained obtain VERB issue-52 80 15 on on ADP issue-52 80 16 their their PRON issue-52 80 17 basis basis NOUN issue-52 80 18 , , PUNCT issue-52 80 19 we we PRON issue-52 80 20 can can AUX issue-52 80 21 derive derive VERB issue-52 80 22 a a DET issue-52 80 23 synthesis synthesis NOUN issue-52 80 24 conclusion conclusion NOUN issue-52 80 25 – – PUNCT issue-52 80 26 in in ADP issue-52 80 27 recent recent ADJ issue-52 80 28 years year NOUN issue-52 80 29 there there PRON issue-52 80 30 is be VERB issue-52 80 31 a a DET issue-52 80 32 redistribution redistribution NOUN issue-52 80 33 of of ADP issue-52 80 34 trading trading NOUN issue-52 80 35 volume volume NOUN issue-52 80 36 between between ADP issue-52 80 37 different different ADJ issue-52 80 38 stock stock NOUN issue-52 80 39 exchanges exchange NOUN issue-52 80 40 . . PUNCT issue-52 81 1 so so ADV issue-52 81 2 there there PRON issue-52 81 3 is be VERB issue-52 81 4 no no DET issue-52 81 5 a a DET issue-52 81 6 monopoly monopoly NOUN issue-52 81 7 of of ADP issue-52 81 8 a a DET issue-52 81 9 one one NUM issue-52 81 10 stock stock NOUN issue-52 81 11 exchange exchange NOUN issue-52 81 12 like like SCONJ issue-52 81 13 it it PRON issue-52 81 14 was be AUX issue-52 81 15 in in ADP issue-52 81 16 2006 2006 NUM issue-52 81 17 . . PUNCT issue-52 82 1 in in ADP issue-52 82 2 last last ADJ issue-52 82 3 3 3 NUM issue-52 82 4 years year NOUN issue-52 82 5 all all DET issue-52 82 6 trading trading NOUN issue-52 82 7 operation operation NOUN issue-52 82 8 are be AUX issue-52 82 9 divided divide VERB issue-52 82 10 between between ADP issue-52 82 11 three three NUM issue-52 82 12 trading trading NOUN issue-52 82 13 platforms platform NOUN issue-52 82 14 ( ( PUNCT issue-52 82 15 figure figure NOUN issue-52 82 16 3 3 NUM issue-52 82 17 ) ) PUNCT issue-52 82 18 . . PUNCT issue-52 83 1 now now ADV issue-52 83 2 on on ADP issue-52 83 3 the the DET issue-52 83 4 ukrainian ukrainian ADJ issue-52 83 5 securities security NOUN issue-52 83 6 market market NOUN issue-52 83 7 there there PRON issue-52 83 8 is be VERB issue-52 83 9 an an DET issue-52 83 10 exacerbation exacerbation NOUN issue-52 83 11 of of ADP issue-52 83 12 the the DET issue-52 83 13 competitive competitive ADJ issue-52 83 14 relationship relationship NOUN issue-52 83 15 between between ADP issue-52 83 16 the the DET issue-52 83 17 trade trade NOUN issue-52 83 18 organizers organizer NOUN issue-52 83 19 . . PUNCT issue-52 84 1 they they PRON issue-52 84 2 are be AUX issue-52 84 3 competing compete VERB issue-52 84 4 for for ADP issue-52 84 5 increase increase NOUN issue-52 84 6 of of ADP issue-52 84 7 their their PRON issue-52 84 8 share share NOUN issue-52 84 9 in in ADP issue-52 84 10 the the DET issue-52 84 11 total total ADJ issue-52 84 12 turnover turnover NOUN issue-52 84 13 of of ADP issue-52 84 14 trading trading NOUN issue-52 84 15 operations operation NOUN issue-52 84 16 with with ADP issue-52 84 17 financial financial ADJ issue-52 84 18 instruments instrument NOUN issue-52 84 19 . . PUNCT issue-52 85 1 stock stock NOUN issue-52 85 2 exchange exchange NOUN issue-52 85 3 pfts pft NOUN issue-52 85 4 , , PUNCT issue-52 85 5 which which PRON issue-52 85 6 for for ADP issue-52 85 7 a a DET issue-52 85 8 long long ADJ issue-52 85 9 period period NOUN issue-52 85 10 has have AUX issue-52 85 11 been be AUX issue-52 85 12 the the DET issue-52 85 13 flagship flagship NOUN issue-52 85 14 of of ADP issue-52 85 15 the the DET issue-52 85 16 domestic domestic ADJ issue-52 85 17 stock stock NOUN issue-52 85 18 market market NOUN issue-52 85 19 , , PUNCT issue-52 85 20 due due ADP issue-52 85 21 to to ADP issue-52 85 22 various various ADJ issue-52 85 23 reasons reason NOUN issue-52 85 24 , , PUNCT issue-52 85 25 including include VERB issue-52 85 26 the the DET issue-52 85 27 changes change NOUN issue-52 85 28 of of ADP issue-52 85 29 political political ADJ issue-52 85 30 power power NOUN issue-52 85 31 in in ADP issue-52 85 32 the the DET issue-52 85 33 country country NOUN issue-52 85 34 , , PUNCT issue-52 85 35 began begin VERB issue-52 85 36 to to PART issue-52 85 37 lose lose VERB issue-52 85 38 its its PRON issue-52 85 39 positions position NOUN issue-52 85 40 . . PUNCT issue-52 86 1 in in ADP issue-52 86 2 2008 2008 NUM issue-52 86 3 the the DET issue-52 86 4 share share NOUN issue-52 86 5 of of ADP issue-52 86 6 stock stock NOUN issue-52 86 7 exchange exchange NOUN issue-52 86 8 pfts pft NOUN issue-52 86 9 in in ADP issue-52 86 10 the the DET issue-52 86 11 structure structure NOUN issue-52 86 12 of of ADP issue-52 86 13 executed execute VERB issue-52 86 14 transactions transaction NOUN issue-52 86 15 on on ADP issue-52 86 16 the the DET issue-52 86 17 securities security NOUN issue-52 86 18 market market NOUN issue-52 86 19 was be AUX issue-52 86 20 90 90 NUM issue-52 86 21 % % NOUN issue-52 86 22 , , PUNCT issue-52 86 23 but but CCONJ issue-52 86 24 in in ADP issue-52 86 25 2013 2013 NUM issue-52 86 26 only only ADV issue-52 86 27 23.8 23.8 NUM issue-52 86 28 % % NOUN issue-52 86 29 . . PUNCT issue-52 87 1 also also ADV issue-52 87 2 reducing reduce VERB issue-52 87 3 of of ADP issue-52 87 4 market market NOUN issue-52 87 5 share share NOUN issue-52 87 6 of of ADP issue-52 87 7 the the DET issue-52 87 8 ukrainian ukrainian ADJ issue-52 87 9 exchange exchange PROPN issue-52 87 10 and and CCONJ issue-52 87 11 stock stock NOUN issue-52 87 12 exchange exchange NOUN issue-52 87 13 pfts pft NOUN issue-52 87 14 in in ADP issue-52 87 15 the the DET issue-52 87 16 total total ADJ issue-52 87 17 trading trading NOUN issue-52 87 18 volume volume NOUN issue-52 87 19 , , PUNCT issue-52 87 20 as as ADP issue-52 87 21 the the DET issue-52 87 22 main main ADJ issue-52 87 23 areas area NOUN issue-52 87 24 where where SCONJ issue-52 87 25 shares share NOUN issue-52 87 26 of of ADP issue-52 87 27 ukrainian ukrainian ADJ issue-52 87 28 issuers issuer NOUN issue-52 87 29 are be AUX issue-52 87 30 listing list VERB issue-52 87 31 their their PRON issue-52 87 32 shares share NOUN issue-52 87 33 , , PUNCT issue-52 87 34 is be AUX issue-52 87 35 an an DET issue-52 87 36 evidence evidence NOUN issue-52 87 37 that that SCONJ issue-52 87 38 the the DET issue-52 87 39 stock stock NOUN issue-52 87 40 market market NOUN issue-52 87 41 in in ADP issue-52 87 42 ukraine ukraine PROPN issue-52 87 43 is be AUX issue-52 87 44 gradually gradually ADV issue-52 87 45 diapering diapere VERB issue-52 87 46 . . PUNCT issue-52 88 1 fig fig NOUN issue-52 88 2 . . PUNCT issue-52 89 1 3 3 X issue-52 89 2 . . X issue-52 89 3 the the DET issue-52 89 4 volume volume NOUN issue-52 89 5 of of ADP issue-52 89 6 trading trading NOUN issue-52 89 7 operation operation NOUN issue-52 89 8 with with ADP issue-52 89 9 securities security NOUN issue-52 89 10 on on ADP issue-52 89 11 ukrainian ukrainian ADJ issue-52 89 12 stock stock NOUN issue-52 89 13 exchanges exchange NOUN issue-52 89 14 ( ( PUNCT issue-52 89 15 in in ADP issue-52 89 16 percentage percentage NOUN issue-52 89 17 ratio ratio NOUN issue-52 89 18 ) ) PUNCT issue-52 89 19 source source NOUN issue-52 89 20 : : PUNCT issue-52 89 21 national national ADJ issue-52 89 22 securities securities PROPN issue-52 89 23 and and CCONJ issue-52 89 24 stock stock NOUN issue-52 89 25 market market NOUN issue-52 89 26 commission commission NOUN issue-52 89 27 as as SCONJ issue-52 89 28 we we PRON issue-52 89 29 can can AUX issue-52 89 30 see see VERB issue-52 89 31 stock stock NOUN issue-52 89 32 exchange exchange PROPN issue-52 89 33 perspectyva perspectyva PROPN issue-52 89 34 significantly significantly ADV issue-52 89 35 increased increase VERB issue-52 89 36 its its PRON issue-52 89 37 position position NOUN issue-52 89 38 . . PUNCT issue-52 90 1 in in ADP issue-52 90 2 2009 2009 NUM issue-52 90 3 market market NOUN issue-52 90 4 share share NOUN issue-52 90 5 of of ADP issue-52 90 6 this this DET issue-52 90 7 exchange exchange NOUN issue-52 90 8 was be AUX issue-52 90 9 37.1 37.1 NUM issue-52 90 10 % % NOUN issue-52 90 11 and and CCONJ issue-52 90 12 in in ADP issue-52 90 13 2013 2013 NUM issue-52 90 14 – – PUNCT issue-52 90 15 67.4 67.4 NUM issue-52 90 16 % % NOUN issue-52 90 17 . . PUNCT issue-52 91 1 moreover moreover ADV issue-52 91 2 , , PUNCT issue-52 91 3 the the DET issue-52 91 4 share share NOUN issue-52 91 5 of of ADP issue-52 91 6 stock stock NOUN issue-52 91 7 exchange exchange PROPN issue-52 91 8 perspectyva perspectyva NOUN issue-52 91 9 in in ADP issue-52 91 10 this this DET issue-52 91 11 segment segment NOUN issue-52 91 12 is be AUX issue-52 91 13 growing grow VERB issue-52 91 14 every every DET issue-52 91 15 year year NOUN issue-52 91 16 . . PUNCT issue-52 92 1 first first ADV issue-52 92 2 of of ADP issue-52 92 3 all all DET issue-52 92 4 this this PRON issue-52 92 5 can can AUX issue-52 92 6 be be AUX issue-52 92 7 explained explain VERB issue-52 92 8 that that SCONJ issue-52 92 9 main main ADJ issue-52 92 10 amount amount NOUN issue-52 92 11 of of ADP issue-52 92 12 trading trading NOUN issue-52 92 13 operations operation NOUN issue-52 92 14 with with ADP issue-52 92 15 government government NOUN issue-52 92 16 securities security NOUN issue-52 92 17 was be AUX issue-52 92 18 done do VERB issue-52 92 19 exactly exactly ADV issue-52 92 20 on on ADP issue-52 92 21 this this DET issue-52 92 22 stock stock NOUN issue-52 92 23 exchange exchange NOUN issue-52 92 24 . . PUNCT issue-52 93 1 the the DET issue-52 93 2 rapid rapid ADJ issue-52 93 3 development development NOUN issue-52 93 4 of of ADP issue-52 93 5 information information NOUN issue-52 93 6 technologies technology NOUN issue-52 93 7 significantly significantly ADV issue-52 93 8 facilitates facilitate VERB issue-52 93 9 automation automation NOUN issue-52 93 10 of of ADP issue-52 93 11 all all DET issue-52 93 12 aspects aspect NOUN issue-52 93 13 of of ADP issue-52 93 14 stock stock NOUN issue-52 93 15 table table NOUN issue-52 93 16 1 1 NUM issue-52 93 17 evaluation evaluation NOUN issue-52 93 18 of of ADP issue-52 93 19 stock stock NOUN issue-52 93 20 exchanges exchange NOUN issue-52 93 21 concentration concentration NOUN issue-52 93 22 on on ADP issue-52 93 23 the the DET issue-52 93 24 securities security NOUN issue-52 93 25 market market NOUN issue-52 93 26 of of ADP issue-52 93 27 ukraine ukraine ADJ issue-52 93 28 index index NOUN issue-52 93 29 period period NOUN issue-52 93 30 number number NOUN issue-52 93 31 of of ADP issue-52 93 32 stock stock NOUN issue-52 93 33 exchanges exchange NOUN issue-52 93 34 ( ( PUNCT issue-52 93 35 cr3 cr3 NOUN issue-52 93 36 ) ) PUNCT issue-52 93 37 ( ( PUNCT issue-52 93 38 cr4 cr4 PROPN issue-52 93 39 ) ) PUNCT issue-52 93 40 ( ( PUNCT issue-52 93 41 нні нні NOUN issue-52 93 42 ) ) PUNCT issue-52 93 43 ( ( PUNCT issue-52 93 44 нт нт NOUN issue-52 93 45 ) ) PUNCT issue-52 93 46 ( ( PUNCT issue-52 93 47 е е X issue-52 93 48 ) ) PUNCT issue-52 93 49 id(max id(max PROPN issue-52 93 50 ) ) PUNCT issue-52 93 51 2004 2004 NUM issue-52 93 52 10 10 NUM issue-52 93 53 93,13 93,13 NUM issue-52 93 54 95,34 95,34 NUM issue-52 93 55 5849,065 5849,065 NUM issue-52 93 56 0,50 0,50 NOUN issue-52 93 57 0,089 0,089 NUM issue-52 93 58 0,764 0,764 NUM issue-52 93 59 2005 2005 NUM issue-52 93 60 10 10 NUM issue-52 93 61 94,62 94,62 NUM issue-52 93 62 96,18 96,18 NOUN issue-52 93 63 7814,923 7814,923 NUM issue-52 93 64 0,61 0,61 NUM issue-52 93 65 0,056 0,056 NUM issue-52 93 66 0,796 0,796 NUM issue-52 93 67 2006 2006 NUM issue-52 93 68 11 11 NUM issue-52 93 69 98,68 98,68 NUM issue-52 93 70 99,44 99,44 NUM issue-52 93 71 9286,95 9286,95 PROPN issue-52 93 72 0,86 0,86 NOUN issue-52 93 73 0,019 0,019 NUM issue-52 93 74 0,828 0,828 NUM issue-52 93 75 2007 2007 NUM issue-52 93 76 9 9 NUM issue-52 93 77 96,62 96,62 NUM issue-52 93 78 97,88 97,88 NOUN issue-52 93 79 7714,555 7714,555 NUM issue-52 93 80 0,66 0,66 NUM issue-52 93 81 0,061 0,061 NUM issue-52 93 82 0,775 0,775 NUM issue-52 93 83 2008 2008 NUM issue-52 93 84 10 10 NUM issue-52 94 1 96,79 96,79 NUM issue-52 94 2 98,19 98,19 NUM issue-52 94 3 8129,354 8129,354 NUM issue-52 94 4 0,68 0,68 SYM issue-52 94 5 0,048 0,048 NUM issue-52 94 6 0,780 0,780 NUM issue-52 94 7 2009 2009 NUM issue-52 94 8 11 11 NUM issue-52 94 9 79,57 79,57 NUM issue-52 94 10 84,56 84,56 NUM issue-52 94 11 2671,506 2671,506 NUM issue-52 94 12 0,25 0,25 NUM issue-52 94 13 0,148 0,148 NUM issue-52 94 14 0,587 0,587 NUM issue-52 94 15 2010 2010 NUM issue-52 94 16 10 10 NUM issue-52 94 17 94,50 94,50 NUM issue-52 94 18 96,53 96,53 NUM issue-52 94 19 3382,475 3382,475 NUM issue-52 94 20 0,36 0,36 NUM issue-52 95 1 0,124 0,124 NUM issue-52 95 2 0,614 0,614 NUM issue-52 95 3 2011 2011 NUM issue-52 96 1 10 10 NUM issue-52 96 2 98,30 98,30 PROPN issue-52 96 3 99,18 99,18 NOUN issue-52 96 4 3279,797 3279,797 NUM issue-52 96 5 0,35 0,35 NOUN issue-52 96 6 0,118 0,118 NUM issue-52 96 7 0,545 0,545 NUM issue-52 96 8 2012 2012 NUM issue-52 96 9 10 10 NUM issue-52 96 10 98,20 98,20 NUM issue-52 96 11 99,06 99,06 NOUN issue-52 96 12 4283,282 4283,282 NUM issue-52 96 13 0,46 0,46 NOUN issue-52 97 1 0,101 0,101 NUM issue-52 97 2 0,691 0,691 NUM issue-52 97 3 2013 2013 NUM issue-52 97 4 10 10 NUM issue-52 97 5 93,95 93,95 NUM issue-52 97 6 96,44 96,44 NOUN issue-52 97 7 5127,961 5127,961 NUM issue-52 97 8 0,48 0,48 NUM issue-52 97 9 0,095 0,095 NUM issue-52 97 10 0,723 0,723 NUM issue-52 97 11 baltic baltic ADJ issue-52 97 12 journal journal NOUN issue-52 97 13 of of ADP issue-52 97 14 economic economic ADJ issue-52 97 15 studies study NOUN issue-52 97 16 151 151 NUM issue-52 97 17 vol vol NOUN issue-52 97 18 . . PROPN issue-52 97 19 1 1 NUM issue-52 97 20 , , PUNCT issue-52 97 21 no no INTJ issue-52 97 22 . . NOUN issue-52 97 23 2 2 NUM issue-52 97 24 , , PUNCT issue-52 97 25 2015 2015 NUM issue-52 97 26 exchange exchange NOUN issue-52 97 27 ’s ’s PART issue-52 97 28 activity activity NOUN issue-52 98 1 and and CCONJ issue-52 98 2 makes make VERB issue-52 98 3 great great ADJ issue-52 98 4 influence influence NOUN issue-52 98 5 on on ADP issue-52 98 6 non non ADJ issue-52 98 7 - - ADJ issue-52 98 8 price price ADJ issue-52 98 9 competition competition NOUN issue-52 98 10 between between ADP issue-52 98 11 stock stock NOUN issue-52 98 12 exchanges exchange NOUN issue-52 98 13 . . PUNCT issue-52 99 1 thus thus ADV issue-52 99 2 , , PUNCT issue-52 99 3 the the DET issue-52 99 4 stock stock NOUN issue-52 99 5 exchange exchange PROPN issue-52 99 6 perspectyva perspectyva NOUN issue-52 99 7 was be AUX issue-52 99 8 the the DET issue-52 99 9 first first ADJ issue-52 99 10 in in ADP issue-52 99 11 ukraine ukraine NOUN issue-52 99 12 that that PRON issue-52 99 13 has have AUX issue-52 99 14 implemented implement VERB issue-52 99 15 market market NOUN issue-52 99 16 of of ADP issue-52 99 17 applications application NOUN issue-52 99 18 « « PUNCT issue-52 99 19 self self NOUN issue-52 99 20 - - PUNCT issue-52 99 21 listing listing NOUN issue-52 99 22 » » PUNCT issue-52 99 23 ( ( PUNCT issue-52 99 24 2010 2010 NUM issue-52 99 25 ) ) PUNCT issue-52 99 26 , , PUNCT issue-52 99 27 clearing clearing NOUN issue-52 99 28 and and CCONJ issue-52 99 29 settlement settlement NOUN issue-52 99 30 model model NOUN issue-52 99 31 through through ADP issue-52 99 32 the the DET issue-52 99 33 specialized specialized PROPN issue-52 99 34 nonbank nonbank PROPN issue-52 99 35 payment payment NOUN issue-52 99 36 system system NOUN issue-52 99 37 ( ( PUNCT issue-52 99 38 2009 2009 NUM issue-52 99 39 ) ) PUNCT issue-52 99 40 , , PUNCT issue-52 99 41 had have VERB issue-52 99 42 registered register VERB issue-52 99 43 specification specification NOUN issue-52 99 44 ( ( PUNCT issue-52 99 45 2011 2011 NUM issue-52 99 46 ) ) PUNCT issue-52 99 47 and and CCONJ issue-52 99 48 launched launch VERB issue-52 99 49 in in ADP issue-52 99 50 the the DET issue-52 99 51 term term NOUN issue-52 99 52 contracts contract NOUN issue-52 99 53 system system NOUN issue-52 99 54 ( ( PUNCT issue-52 99 55 2012 2012 NUM issue-52 99 56 ) ) PUNCT issue-52 99 57 . . PUNCT issue-52 100 1 in in ADP issue-52 100 2 addition addition NOUN issue-52 100 3 , , PUNCT issue-52 100 4 the the DET issue-52 100 5 dynamic dynamic ADJ issue-52 100 6 movement movement NOUN issue-52 100 7 of of ADP issue-52 100 8 capital capital NOUN issue-52 100 9 in in ADP issue-52 100 10 an an DET issue-52 100 11 international international ADJ issue-52 100 12 scale scale NOUN issue-52 100 13 , , PUNCT issue-52 100 14 associated associate VERB issue-52 100 15 with with ADP issue-52 100 16 the the DET issue-52 100 17 development development NOUN issue-52 100 18 of of ADP issue-52 100 19 globalization globalization NOUN issue-52 100 20 processes process NOUN issue-52 100 21 , , PUNCT issue-52 100 22 greater great ADJ issue-52 100 23 openness openness NOUN issue-52 100 24 and and CCONJ issue-52 100 25 deregulation deregulation NOUN issue-52 100 26 of of ADP issue-52 100 27 financial financial ADJ issue-52 100 28 markets market NOUN issue-52 100 29 , , PUNCT issue-52 100 30 increases increase VERB issue-52 100 31 the the DET issue-52 100 32 intensity intensity NOUN issue-52 100 33 of of ADP issue-52 100 34 competition competition NOUN issue-52 100 35 between between ADP issue-52 100 36 exchanges exchange NOUN issue-52 100 37 that that PRON issue-52 100 38 existed exist VERB issue-52 100 39 in in ADP issue-52 100 40 the the DET issue-52 100 41 conditions condition NOUN issue-52 100 42 of of ADP issue-52 100 43 a a DET issue-52 100 44 closed closed ADJ issue-52 100 45 market market NOUN issue-52 100 46 . . PUNCT issue-52 101 1 considering consider VERB issue-52 101 2 this this DET issue-52 101 3 domestic domestic ADJ issue-52 101 4 stock stock NOUN issue-52 101 5 exchanges exchange NOUN issue-52 101 6 have have VERB issue-52 101 7 to to PART issue-52 101 8 perform perform VERB issue-52 101 9 a a DET issue-52 101 10 number number NOUN issue-52 101 11 of of ADP issue-52 101 12 tasks task NOUN issue-52 101 13 associated associate VERB issue-52 101 14 with with ADP issue-52 101 15 the the DET issue-52 101 16 price price NOUN issue-52 101 17 and and CCONJ issue-52 101 18 non non ADJ issue-52 101 19 - - ADJ issue-52 101 20 price price ADJ issue-52 101 21 methods method NOUN issue-52 101 22 of of ADP issue-52 101 23 competition competition NOUN issue-52 101 24 : : PUNCT issue-52 101 25 – – PUNCT issue-52 101 26 active active ADJ issue-52 101 27 trade trade NOUN issue-52 101 28 organizer organizer NOUN issue-52 101 29 positioning positioning NOUN issue-52 101 30 in in ADP issue-52 101 31 the the DET issue-52 101 32 market market NOUN issue-52 101 33 , , PUNCT issue-52 101 34 which which PRON issue-52 101 35 involves involve VERB issue-52 101 36 keeping keep VERB issue-52 101 37 market market NOUN issue-52 101 38 niche niche NOUN issue-52 101 39 with with ADP issue-52 101 40 expanding expand VERB issue-52 101 41 the the DET issue-52 101 42 range range NOUN issue-52 101 43 of of ADP issue-52 101 44 services service NOUN issue-52 101 45 ( ( PUNCT issue-52 101 46 basic basic ADJ issue-52 101 47 and and CCONJ issue-52 101 48 collateral collateral ADJ issue-52 101 49 ) ) PUNCT issue-52 101 50 , , PUNCT issue-52 101 51 flexible flexible ADJ issue-52 101 52 pricing pricing NOUN issue-52 101 53 policy policy NOUN issue-52 101 54 ; ; PUNCT issue-52 101 55 – – PUNCT issue-52 101 56 search search NOUN issue-52 101 57 for for ADP issue-52 101 58 a a DET issue-52 101 59 new new ADJ issue-52 101 60 sources source NOUN issue-52 101 61 to to PART issue-52 101 62 finance finance VERB issue-52 101 63 their their PRON issue-52 101 64 development development NOUN issue-52 101 65 , , PUNCT issue-52 101 66 because because SCONJ issue-52 101 67 changes change NOUN issue-52 101 68 in in ADP issue-52 101 69 information information NOUN issue-52 101 70 technology technology NOUN issue-52 101 71 , , PUNCT issue-52 101 72 improving improve VERB issue-52 101 73 the the DET issue-52 101 74 technical technical ADJ issue-52 101 75 equipment equipment NOUN issue-52 101 76 , , PUNCT issue-52 101 77 provides provide VERB issue-52 101 78 the the DET issue-52 101 79 necessity necessity NOUN issue-52 101 80 for for ADP issue-52 101 81 constant constant ADJ issue-52 101 82 updating updating NOUN issue-52 101 83 of of ADP issue-52 101 84 trading trading NOUN issue-52 101 85 system system NOUN issue-52 101 86 , , PUNCT issue-52 101 87 which which PRON issue-52 101 88 requires require VERB issue-52 101 89 capital capital NOUN issue-52 101 90 investments investment NOUN issue-52 101 91 ; ; PUNCT issue-52 101 92 – – PUNCT issue-52 101 93 improvement improvement NOUN issue-52 101 94 and and CCONJ issue-52 101 95 development development NOUN issue-52 101 96 of of ADP issue-52 101 97 the the DET issue-52 101 98 stock stock NOUN issue-52 101 99 exchange exchange PROPN issue-52 101 100 marketing marketing NOUN issue-52 101 101 , , PUNCT issue-52 101 102 development development NOUN issue-52 101 103 strategies strategy NOUN issue-52 101 104 , , PUNCT issue-52 101 105 tactics tactic NOUN issue-52 101 106 of of ADP issue-52 101 107 behaviour behaviour NOUN issue-52 101 108 in in ADP issue-52 101 109 the the DET issue-52 101 110 market market NOUN issue-52 101 111 in in ADP issue-52 101 112 terms term NOUN issue-52 101 113 of of ADP issue-52 101 114 increasing increase VERB issue-52 101 115 competition competition NOUN issue-52 101 116 . . PUNCT issue-52 102 1 5 5 X issue-52 102 2 . . X issue-52 102 3 the the DET issue-52 102 4 tariff tariff NOUN issue-52 102 5 policy policy NOUN issue-52 102 6 and and CCONJ issue-52 102 7 profitability profitability NOUN issue-52 102 8 in in ADP issue-52 102 9 competiешщт competiешщт PROPN issue-52 102 10 for for ADP issue-52 102 11 the the DET issue-52 102 12 leading lead VERB issue-52 102 13 position position NOUN issue-52 102 14 in in ADP issue-52 102 15 the the DET issue-52 102 16 organized organize VERB issue-52 102 17 securities security NOUN issue-52 102 18 market market NOUN issue-52 102 19 of of ADP issue-52 102 20 ukraine ukraine NOUN issue-52 102 21 , , PUNCT issue-52 102 22 the the DET issue-52 102 23 significant significant ADJ issue-52 102 24 role role NOUN issue-52 102 25 was be AUX issue-52 102 26 played play VERB issue-52 102 27 by by ADP issue-52 102 28 the the DET issue-52 102 29 tariff tariff NOUN issue-52 102 30 policy policy NOUN issue-52 102 31 of of ADP issue-52 102 32 domestic domestic ADJ issue-52 102 33 stock stock NOUN issue-52 102 34 exchanges exchange NOUN issue-52 102 35 . . PUNCT issue-52 103 1 the the DET issue-52 103 2 most most ADV issue-52 103 3 favourable favourable ADJ issue-52 103 4 operating operating NOUN issue-52 103 5 conditions condition NOUN issue-52 103 6 provide provide VERB issue-52 103 7 exchange exchange NOUN issue-52 103 8 pjsc pjsc NOUN issue-52 103 9 “ " PUNCT issue-52 103 10 perspective perspective NOUN issue-52 103 11 ” " PUNCT issue-52 103 12 ( ( PUNCT issue-52 103 13 table table NOUN issue-52 103 14 2 2 NUM issue-52 103 15 ) ) PUNCT issue-52 103 16 . . PUNCT issue-52 104 1 during during ADP issue-52 104 2 trading trading NOUN issue-52 104 3 volume volume NOUN issue-52 104 4 of of ADP issue-52 104 5 the the DET issue-52 104 6 shares share NOUN issue-52 104 7 stock stock PROPN issue-52 104 8 exchange exchange PROPN issue-52 104 9 perspectyva perspectyva NOUN issue-52 104 10 even even ADV issue-52 104 11 ahead ahead ADV issue-52 104 12 a a DET issue-52 104 13 key key ADJ issue-52 104 14 exchange exchange NOUN issue-52 104 15 in in ADP issue-52 104 16 this this DET issue-52 104 17 market market NOUN issue-52 104 18 segment segment NOUN issue-52 104 19 stock stock NOUN issue-52 104 20 exchange exchange PROPN issue-52 104 21 ukrainian ukrainian ADJ issue-52 104 22 exchange exchange NOUN issue-52 104 23 where where SCONJ issue-52 104 24 blue blue ADJ issue-52 104 25 chips chip NOUN issue-52 104 26 ( ( PUNCT issue-52 104 27 shares share NOUN issue-52 104 28 of of ADP issue-52 104 29 motor motor PROPN issue-52 104 30 sich sich PROPN issue-52 104 31 , , PUNCT issue-52 104 32 center center NOUN issue-52 104 33 energo energo NOUN issue-52 104 34 , , PUNCT issue-52 104 35 ” " PUNCT issue-52 104 36 azovstal azovstal ADJ issue-52 104 37 ) ) PUNCT issue-52 104 38 are be AUX issue-52 104 39 usually usually ADV issue-52 104 40 trade trade ADJ issue-52 104 41 . . PUNCT issue-52 105 1 however however ADV issue-52 105 2 , , PUNCT issue-52 105 3 in in ADP issue-52 105 4 the the DET issue-52 105 5 leadership leadership NOUN issue-52 105 6 of of ADP issue-52 105 7 this this DET issue-52 105 8 stock stock NOUN issue-52 105 9 exchange exchange NOUN issue-52 105 10 , , PUNCT issue-52 105 11 in in ADP issue-52 105 12 addition addition NOUN issue-52 105 13 to to ADP issue-52 105 14 the the DET issue-52 105 15 obvious obvious ADJ issue-52 105 16 qualitative qualitative ADJ issue-52 105 17 changes change NOUN issue-52 105 18 are be AUX issue-52 105 19 negative negative ADJ issue-52 105 20 phenomena phenomenon NOUN issue-52 105 21 . . PUNCT issue-52 106 1 on on ADP issue-52 106 2 the the DET issue-52 106 3 stock stock NOUN issue-52 106 4 exchange exchange NOUN issue-52 106 5 “ " PUNCT issue-52 106 6 perspective perspective NOUN issue-52 106 7 ” " PUNCT issue-52 106 8 quite quite DET issue-52 106 9 a a DET issue-52 106 10 large large ADJ issue-52 106 11 share share NOUN issue-52 106 12 in in ADP issue-52 106 13 the the DET issue-52 106 14 total total ADJ issue-52 106 15 volume volume NOUN issue-52 106 16 of of ADP issue-52 106 17 trading trading NOUN issue-52 106 18 is be AUX issue-52 106 19 taken take VERB issue-52 106 20 by by ADP issue-52 106 21 companies company NOUN issue-52 106 22 which which PRON issue-52 106 23 are be AUX issue-52 106 24 associated associate VERB issue-52 106 25 in in ADP issue-52 106 26 business business NOUN issue-52 106 27 activity activity NOUN issue-52 106 28 with with ADP issue-52 106 29 this this DET issue-52 106 30 exchange exchange NOUN issue-52 106 31 ( ( PUNCT issue-52 106 32 modern modern ADJ issue-52 106 33 credit credit NOUN issue-52 106 34 technologies technology NOUN issue-52 106 35 , , PUNCT issue-52 106 36 academy academy NOUN issue-52 106 37 of of ADP issue-52 106 38 investments investment NOUN issue-52 106 39 ) ) PUNCT issue-52 106 40 . . PUNCT issue-52 107 1 such such ADJ issue-52 107 2 scheme scheme NOUN issue-52 107 3 could could AUX issue-52 107 4 be be AUX issue-52 107 5 used use VERB issue-52 107 6 to to PART issue-52 107 7 artificially artificially ADV issue-52 107 8 increase increase VERB issue-52 107 9 volume volume NOUN issue-52 107 10 of of ADP issue-52 107 11 trading trading NOUN issue-52 107 12 for for ADP issue-52 107 13 the the DET issue-52 107 14 purpose purpose NOUN issue-52 107 15 to to PART issue-52 107 16 create create VERB issue-52 107 17 the the DET issue-52 107 18 image image NOUN issue-52 107 19 of of ADP issue-52 107 20 a a DET issue-52 107 21 large large ADJ issue-52 107 22 and and CCONJ issue-52 107 23 effective effective ADJ issue-52 107 24 stock stock NOUN issue-52 107 25 exchange exchange NOUN issue-52 107 26 . . PUNCT issue-52 108 1 financial financial ADJ issue-52 108 2 activity activity NOUN issue-52 108 3 of of ADP issue-52 108 4 ukrainian ukrainian ADJ issue-52 108 5 stock stock NOUN issue-52 108 6 exchanges exchange NOUN issue-52 108 7 since since SCONJ issue-52 108 8 2008 2008 NUM issue-52 108 9 has have AUX issue-52 108 10 been be AUX issue-52 108 11 demonstrating demonstrate VERB issue-52 108 12 , , PUNCT issue-52 108 13 reduction reduction NOUN issue-52 108 14 of of ADP issue-52 108 15 the the DET issue-52 108 16 efficiency efficiency NOUN issue-52 108 17 . . PUNCT issue-52 109 1 the the DET issue-52 109 2 most most ADV issue-52 109 3 profitable profitable ADJ issue-52 109 4 trade trade NOUN issue-52 109 5 organizer organizer NOUN issue-52 109 6 , , PUNCT issue-52 109 7 stock stock NOUN issue-52 109 8 exchange exchange NOUN issue-52 109 9 pfts pft NOUN issue-52 109 10 turned turn VERB issue-52 109 11 into into ADP issue-52 109 12 a a DET issue-52 109 13 very very ADV issue-52 109 14 unprofitable unprofitable ADJ issue-52 109 15 trading trading NOUN issue-52 109 16 platform platform NOUN issue-52 109 17 , , PUNCT issue-52 109 18 compared compare VERB issue-52 109 19 to to ADP issue-52 109 20 other other ADJ issue-52 109 21 major major ADJ issue-52 109 22 exchanges exchange NOUN issue-52 109 23 on on ADP issue-52 109 24 the the DET issue-52 109 25 national national ADJ issue-52 109 26 stock stock NOUN issue-52 109 27 market market NOUN issue-52 109 28 . . PUNCT issue-52 110 1 as as ADP issue-52 110 2 a a DET issue-52 110 3 result result NOUN issue-52 110 4 of of ADP issue-52 110 5 clients client NOUN issue-52 110 6 churn churn VERB issue-52 110 7 from from ADP issue-52 110 8 the the DET issue-52 110 9 pfts pft NOUN issue-52 110 10 due due ADP issue-52 110 11 to to ADP issue-52 110 12 unstable unstable ADJ issue-52 110 13 situation situation NOUN issue-52 110 14 in in ADP issue-52 110 15 the the DET issue-52 110 16 board board NOUN issue-52 110 17 of of ADP issue-52 110 18 directors director NOUN issue-52 110 19 of of ADP issue-52 110 20 the the DET issue-52 110 21 exchange exchange NOUN issue-52 110 22 , , PUNCT issue-52 110 23 the the DET issue-52 110 24 volume volume NOUN issue-52 110 25 of of ADP issue-52 110 26 transactions transaction NOUN issue-52 110 27 on on ADP issue-52 110 28 this this DET issue-52 110 29 stock stock NOUN issue-52 110 30 exchange exchange NOUN issue-52 110 31 has have AUX issue-52 110 32 decreased decrease VERB issue-52 110 33 . . PUNCT issue-52 111 1 such such ADJ issue-52 111 2 situation situation NOUN issue-52 111 3 had have VERB issue-52 111 4 negative negative ADJ issue-52 111 5 impact impact NOUN issue-52 111 6 on on ADP issue-52 111 7 the the DET issue-52 111 8 financial financial ADJ issue-52 111 9 results result NOUN issue-52 111 10 of of ADP issue-52 111 11 stock stock NOUN issue-52 111 12 exchange exchange NOUN issue-52 111 13 activity activity NOUN issue-52 111 14 compared compare VERB issue-52 111 15 with with ADP issue-52 111 16 other other ADJ issue-52 111 17 main main ADJ issue-52 111 18 exchanges exchange NOUN issue-52 111 19 of of ADP issue-52 111 20 ukrainian ukrainian ADJ issue-52 111 21 stock stock NOUN issue-52 111 22 market market NOUN issue-52 111 23 ( ( PUNCT issue-52 111 24 figure figure NOUN issue-52 111 25     SPACE issue-52 111 26 4 4 NUM issue-52 111 27 ) ) PUNCT issue-52 111 28 . . PUNCT issue-52 112 1 abrupt abrupt ADJ issue-52 112 2 increase increase NOUN issue-52 112 3 of of ADP issue-52 112 4 pfts pft NOUN issue-52 112 5 profitability profitability NOUN issue-52 112 6 in in ADP issue-52 112 7 2013 2013 NUM issue-52 112 8 was be AUX issue-52 112 9 caused cause VERB issue-52 112 10 by by ADP issue-52 112 11 having have VERB issue-52 112 12 in in ADP issue-52 112 13 the the DET issue-52 112 14 ownership ownership NOUN issue-52 112 15 financial financial ADJ issue-52 112 16 assets asset NOUN issue-52 112 17 on on ADP issue-52 112 18 the the DET issue-52 112 19 banking banking NOUN issue-52 112 20 accounts account NOUN issue-52 112 21 . . PUNCT issue-52 113 1 so so ADV issue-52 113 2 , , PUNCT issue-52 113 3 it it PRON issue-52 113 4 does do AUX issue-52 113 5 not not PART issue-52 113 6 connected connect VERB issue-52 113 7 with with ADP issue-52 113 8 successful successful ADJ issue-52 113 9 operation operation NOUN issue-52 113 10 , , PUNCT issue-52 113 11 because because SCONJ issue-52 113 12 as as SCONJ issue-52 113 13 a a DET issue-52 113 14 result result NOUN issue-52 113 15 of of ADP issue-52 113 16 operating operate VERB issue-52 113 17 activity activity NOUN issue-52 113 18 of of ADP issue-52 113 19 the the DET issue-52 113 20 stock stock NOUN issue-52 113 21 exchange exchange NOUN issue-52 113 22 had have VERB issue-52 113 23 9.244 9.244 NUM issue-52 113 24 million million NUM issue-52 113 25 uah uah NOUN issue-52 113 26 of of ADP issue-52 113 27 loss loss NOUN issue-52 113 28 that that DET issue-52 113 29 year year NOUN issue-52 113 30 . . PUNCT issue-52 114 1 fig fig NOUN issue-52 114 2 . . PUNCT issue-52 115 1 4 4 X issue-52 115 2 . . X issue-52 115 3 dynamics dynamic NOUN issue-52 115 4 of of ADP issue-52 115 5 the the DET issue-52 115 6 profitability profitability NOUN issue-52 115 7 of of ADP issue-52 115 8 th th NUM issue-52 115 9 major major ADJ issue-52 115 10 ukrainian ukrainian ADJ issue-52 115 11 stock stock NOUN issue-52 115 12 exchanges exchange NOUN issue-52 115 13 source source NOUN issue-52 115 14 : : PUNCT issue-52 115 15 securities security NOUN issue-52 115 16 market market NOUN issue-52 115 17 infrastructure infrastructure PROPN issue-52 115 18 development development PROPN issue-52 115 19 agency agency PROPN issue-52 115 20 in in ADP issue-52 115 21 ukraine ukraine PROPN issue-52 115 22 , , PUNCT issue-52 115 23 the the DET issue-52 115 24 main main ADJ issue-52 115 25 income income NOUN issue-52 115 26 of of ADP issue-52 115 27 stock stock NOUN issue-52 115 28 exchanges exchange NOUN issue-52 115 29 consists consist VERB issue-52 115 30 of of ADP issue-52 115 31 fees fee NOUN issue-52 115 32 for for ADP issue-52 115 33 access access NOUN issue-52 115 34 to to ADP issue-52 115 35 trading trading NOUN issue-52 115 36 , , PUNCT issue-52 115 37 inclusion inclusion VERB issue-52 115 38 the the DET issue-52 115 39 securities security NOUN issue-52 115 40 to to ADP issue-52 115 41 the the DET issue-52 115 42 exchange exchange NOUN issue-52 115 43 list list NOUN issue-52 115 44 , , PUNCT issue-52 115 45 commission commission NOUN issue-52 115 46 for for ADP issue-52 115 47 the the DET issue-52 115 48 transactions transaction NOUN issue-52 115 49 and and CCONJ issue-52 115 50 income income NOUN issue-52 115 51 from from ADP issue-52 115 52 the the DET issue-52 115 53 sale sale NOUN issue-52 115 54 of of ADP issue-52 115 55 information information NOUN issue-52 115 56 . . PUNCT issue-52 116 1 this this DET issue-52 116 2 commission commission NOUN issue-52 116 3 income income NOUN issue-52 116 4 on on ADP issue-52 116 5 transactions transaction NOUN issue-52 116 6 in in ADP issue-52 116 7 the the DET issue-52 116 8 past past ADJ issue-52 116 9 year year NOUN issue-52 116 10 decreased decrease VERB issue-52 116 11 due due ADJ issue-52 116 12 to to ADP issue-52 116 13 lower low ADJ issue-52 116 14 equity equity NOUN issue-52 116 15 trading trading NOUN issue-52 116 16 activity activity NOUN issue-52 116 17 . . PUNCT issue-52 117 1 6 6 X issue-52 117 2 . . X issue-52 117 3 countering counter VERB issue-52 117 4 to to ADP issue-52 117 5 manipulation manipulation NOUN issue-52 117 6 it it PRON issue-52 117 7 should should AUX issue-52 117 8 be be AUX issue-52 117 9 noted note VERB issue-52 117 10 that that SCONJ issue-52 117 11 the the DET issue-52 117 12 effectiveness effectiveness NOUN issue-52 117 13 of of ADP issue-52 117 14 the the DET issue-52 117 15 stock stock NOUN issue-52 117 16 exchange exchange NOUN issue-52 117 17 as as ADP issue-52 117 18 an an DET issue-52 117 19 infrastructure infrastructure NOUN issue-52 117 20 institution institution NOUN issue-52 117 21 that that PRON issue-52 117 22 provides provide VERB issue-52 117 23 the the DET issue-52 117 24 organization organization NOUN issue-52 117 25 of of ADP issue-52 117 26 trading trading NOUN issue-52 117 27 operations operation NOUN issue-52 117 28 , , PUNCT issue-52 117 29 must must AUX issue-52 117 30 be be AUX issue-52 117 31 presented present VERB issue-52 117 32 in in ADP issue-52 117 33 ability ability NOUN issue-52 117 34 to to PART issue-52 117 35 ensure ensure VERB issue-52 117 36 transparent transparent ADJ issue-52 117 37 pricing pricing NOUN issue-52 117 38 and and CCONJ issue-52 117 39 equal equal ADJ issue-52 117 40 conditions condition NOUN issue-52 117 41 and and CCONJ issue-52 117 42 opportunities opportunity NOUN issue-52 117 43 for for ADP issue-52 117 44 all all DET issue-52 117 45 participants participant NOUN issue-52 117 46 of of ADP issue-52 117 47 trading trading NOUN issue-52 117 48 operations operation NOUN issue-52 117 49 . . PUNCT issue-52 118 1 a a DET issue-52 118 2 key key ADJ issue-52 118 3 role role NOUN issue-52 118 4 in in ADP issue-52 118 5 this this PRON issue-52 118 6 plays play VERB issue-52 118 7 the the DET issue-52 118 8 control control NOUN issue-52 118 9 of of ADP issue-52 118 10 insider insider NOUN issue-52 118 11 information information NOUN issue-52 118 12 use use NOUN issue-52 118 13 and and CCONJ issue-52 118 14 mechanisms mechanism NOUN issue-52 118 15 of of ADP issue-52 118 16 countering counter VERB issue-52 118 17 to to ADP issue-52 118 18 manipulation manipulation NOUN issue-52 118 19 activity activity NOUN issue-52 118 20 . . PUNCT issue-52 119 1 table table NOUN issue-52 119 2 2 2 NUM issue-52 119 3 fees fee NOUN issue-52 119 4 for for ADP issue-52 119 5 services service NOUN issue-52 119 6 of of ADP issue-52 119 7 some some DET issue-52 119 8 stock stock NOUN issue-52 119 9 exchanges exchange NOUN issue-52 119 10 in in ADP issue-52 119 11 ukraine ukraine NOUN issue-52 119 12 in in ADP issue-52 119 13 the the DET issue-52 119 14 end end NOUN issue-52 119 15 of of ADP issue-52 119 16 2013 2013 NUM issue-52 119 17 stock stock NOUN issue-52 119 18 exchange exchange NOUN issue-52 119 19 the the DET issue-52 119 20 tariff tariff NOUN issue-52 119 21 policy policy NOUN issue-52 119 22 pfts pft NOUN issue-52 119 23 trading trading NOUN issue-52 119 24 terminal terminal NOUN issue-52 119 25 – – PUNCT issue-52 119 26 500 500 NUM issue-52 119 27 uah uah ADJ issue-52 119 28 one one NUM issue-52 119 29 - - PUNCT issue-52 119 30 time time NOUN issue-52 119 31 and and CCONJ issue-52 119 32 1000 1000 NUM issue-52 119 33 uah uah NOUN issue-52 119 34 . . PUNCT issue-52 120 1 per per ADP issue-52 120 2 month month NOUN issue-52 120 3 . . PUNCT issue-52 121 1 inclusion inclusion NOUN issue-52 121 2 the the DET issue-52 121 3 securities security NOUN issue-52 121 4 to to ADP issue-52 121 5 the the DET issue-52 121 6 exchange exchange NOUN issue-52 121 7 list list NOUN issue-52 121 8 500 500 NUM issue-52 121 9 one one NUM issue-52 121 10 - - PUNCT issue-52 121 11 time time NOUN issue-52 121 12 uah uah NOUN issue-52 121 13 . . PUNCT issue-52 122 1 providing provide VERB issue-52 122 2 supplemental supplemental ADJ issue-52 122 3 information information NOUN issue-52 122 4 about about ADP issue-52 122 5 the the DET issue-52 122 6 results result NOUN issue-52 122 7 of of ADP issue-52 122 8 trading trading NOUN issue-52 122 9 on on ADP issue-52 122 10 stock stock NOUN issue-52 122 11 exchange exchange NOUN issue-52 122 12 to to ADP issue-52 122 13 – – PUNCT issue-52 122 14 100 100 NUM issue-52 122 15 uah uah NOUN issue-52 122 16 . . PUNCT issue-52 123 1 ukrainian ukrainian PROPN issue-52 123 2 exchange exchange PROPN issue-52 123 3 trading trading NOUN issue-52 123 4 terminal terminal NOUN issue-52 123 5 – – PUNCT issue-52 123 6 500 500 NUM issue-52 123 7 uah uah ADJ issue-52 123 8 one one NUM issue-52 123 9 - - PUNCT issue-52 123 10 time time NOUN issue-52 123 11 + + NOUN issue-52 123 12 tax tax NOUN issue-52 123 13 and and CCONJ issue-52 123 14 600 600 NUM issue-52 123 15 uah uah NOUN issue-52 123 16 per per ADP issue-52 123 17 month month NOUN issue-52 123 18 + + NOUN issue-52 123 19 tax tax NOUN issue-52 123 20 . . PUNCT issue-52 124 1 inclusion inclusion NOUN issue-52 124 2 the the DET issue-52 124 3 securities security NOUN issue-52 124 4 to to ADP issue-52 124 5 the the DET issue-52 124 6 exchange exchange NOUN issue-52 124 7 list list NOUN issue-52 124 8 500 500 NUM issue-52 124 9 uah uah ADJ issue-52 124 10 one one NUM issue-52 124 11 - - PUNCT issue-52 124 12 time time NOUN issue-52 124 13 . . PUNCT issue-52 125 1 perspektyva perspektyva ADJ issue-52 125 2 trading trading NOUN issue-52 125 3 terminal terminal NOUN issue-52 125 4 – – PUNCT issue-52 125 5 1 1 NUM issue-52 125 6 uah uah NOUN issue-52 125 7 one one NUM issue-52 125 8 - - PUNCT issue-52 125 9 time time NOUN issue-52 125 10 . . PUNCT issue-52 126 1 inclusion inclusion VERB issue-52 126 2 the the DET issue-52 126 3 securities security NOUN issue-52 126 4 to to ADP issue-52 126 5 the the DET issue-52 126 6 exchange exchange NOUN issue-52 126 7 list list NOUN issue-52 126 8 one one NUM issue-52 126 9 - - PUNCT issue-52 126 10 time time NOUN issue-52 126 11 150 150 NUM issue-52 126 12 uah uah NOUN issue-52 126 13 . . PUNCT issue-52 127 1 providing provide VERB issue-52 127 2 supplemental supplemental ADJ issue-52 127 3 information information NOUN issue-52 127 4 about about ADP issue-52 127 5 the the DET issue-52 127 6 results result NOUN issue-52 127 7 of of ADP issue-52 127 8 trading trading NOUN issue-52 127 9 on on ADP issue-52 127 10 stock stock NOUN issue-52 127 11 exchange exchange NOUN issue-52 127 12 – – PUNCT issue-52 127 13 50 50 NUM issue-52 127 14 uah uah NOUN issue-52 127 15 per per ADP issue-52 127 16 every every DET issue-52 127 17 working work VERB issue-52 127 18 day day NOUN issue-52 127 19 included include VERB issue-52 127 20 to to ADP issue-52 127 21 the the DET issue-52 127 22 reporting reporting NOUN issue-52 127 23 period period NOUN issue-52 127 24 . . PUNCT issue-52 128 1 baltic baltic PROPN issue-52 128 2 journal journal PROPN issue-52 128 3 of of ADP issue-52 128 4 economic economic ADJ issue-52 128 5 studies study NOUN issue-52 128 6 152 152 NUM issue-52 128 7 vol vol NOUN issue-52 128 8 . . PROPN issue-52 129 1 1 1 NUM issue-52 129 2 , , PUNCT issue-52 129 3 no no INTJ issue-52 129 4 . . NOUN issue-52 129 5 2 2 NUM issue-52 129 6 , , PUNCT issue-52 129 7 2015 2015 NUM issue-52 129 8 in in ADP issue-52 129 9 legal legal ADJ issue-52 129 10 document document NOUN issue-52 129 11 “ " PUNCT issue-52 129 12 about about ADP issue-52 129 13 approval approval NOUN issue-52 129 14 of of ADP issue-52 129 15 the the DET issue-52 129 16 procedure procedure NOUN issue-52 129 17 to to PART issue-52 129 18 prevent prevent VERB issue-52 129 19 price price NOUN issue-52 129 20 manipulation manipulation NOUN issue-52 129 21 during during ADP issue-52 129 22 trading trading NOUN issue-52 129 23 with with ADP issue-52 129 24 securities security NOUN issue-52 129 25 on on ADP issue-52 129 26 the the DET issue-52 129 27 stock stock NOUN issue-52 129 28 exchange exchange NOUN issue-52 129 29 ” " PUNCT issue-52 129 30 noted note VERB issue-52 129 31 that that SCONJ issue-52 129 32 stock stock NOUN issue-52 129 33 exchange exchange NOUN issue-52 129 34 must must AUX issue-52 129 35 to to PART issue-52 129 36 set set VERB issue-52 129 37 up up ADP issue-52 129 38 index index NOUN issue-52 129 39 and and CCONJ issue-52 129 40 its its PRON issue-52 129 41 level level NOUN issue-52 129 42 to to PART issue-52 129 43 indicate indicate VERB issue-52 129 44 manipulation manipulation NOUN issue-52 129 45 actions action NOUN issue-52 129 46 . . PUNCT issue-52 130 1 but but CCONJ issue-52 130 2 not not PART issue-52 130 3 enough enough ADJ issue-52 130 4 attention attention NOUN issue-52 130 5 is be AUX issue-52 130 6 paid pay VERB issue-52 130 7 to to ADP issue-52 130 8 the the DET issue-52 130 9 tracking track VERB issue-52 130 10 the the DET issue-52 130 11 manipulative manipulative ADJ issue-52 130 12 action action NOUN issue-52 130 13 due due ADP issue-52 130 14 to to ADP issue-52 130 15 the the DET issue-52 130 16 price price NOUN issue-52 130 17 deviations deviation NOUN issue-52 130 18 . . PUNCT issue-52 131 1 we we PRON issue-52 131 2 must must AUX issue-52 131 3 say say VERB issue-52 131 4 that that SCONJ issue-52 131 5 mechanism mechanism NOUN issue-52 131 6 of of ADP issue-52 131 7 manipulation manipulation NOUN issue-52 131 8 detection detection NOUN issue-52 131 9 on on ADP issue-52 131 10 the the DET issue-52 131 11 stock stock NOUN issue-52 131 12 exchanges exchange NOUN issue-52 131 13 is be AUX issue-52 131 14 rather rather ADV issue-52 131 15 formal formal ADJ issue-52 131 16 and and CCONJ issue-52 131 17 non non ADJ issue-52 131 18 - - ADJ issue-52 131 19 usable usable ADJ issue-52 131 20 . . PUNCT issue-52 132 1 in in ADP issue-52 132 2 the the DET issue-52 132 3 rules rule NOUN issue-52 132 4 of of ADP issue-52 132 5 stock stock NOUN issue-52 132 6 exchange exchange NOUN issue-52 132 7 pfts pft NOUN issue-52 132 8 did do AUX issue-52 132 9 not not PART issue-52 132 10 mentioned mention VERB issue-52 132 11 how how SCONJ issue-52 132 12 to to PART issue-52 132 13 provide provide VERB issue-52 132 14 the the DET issue-52 132 15 definition definition NOUN issue-52 132 16 of of ADP issue-52 132 17 price price NOUN issue-52 132 18 volatility volatility NOUN issue-52 132 19 for for ADP issue-52 132 20 securities security NOUN issue-52 132 21 and and CCONJ issue-52 132 22 did do AUX issue-52 132 23 not not PART issue-52 132 24 set set VERB issue-52 132 25 up up ADP issue-52 132 26 parameters parameter NOUN issue-52 132 27 that that PRON issue-52 132 28 would would AUX issue-52 132 29 be be AUX issue-52 132 30 characterized characterize VERB issue-52 132 31 volatility volatility NOUN issue-52 132 32 and and CCONJ issue-52 132 33 manipulation manipulation NOUN issue-52 132 34 . . PUNCT issue-52 133 1 ukrainian ukrainian ADJ issue-52 133 2 exchange exchange PROPN issue-52 133 3 applies apply VERB issue-52 133 4 methods method NOUN issue-52 133 5 of of ADP issue-52 133 6 tracking track VERB issue-52 133 7 manipulation manipulation NOUN issue-52 133 8 and and CCONJ issue-52 133 9 controls control VERB issue-52 133 10 contracts contract NOUN issue-52 133 11 concluding conclude VERB issue-52 133 12 by by ADP issue-52 133 13 participants participant NOUN issue-52 133 14 of of ADP issue-52 133 15 trading trading NOUN issue-52 133 16 operations operation NOUN issue-52 133 17 based base VERB issue-52 133 18 on on ADP issue-52 133 19 such such ADJ issue-52 133 20 indicators indicator NOUN issue-52 133 21 : : PUNCT issue-52 133 22 – – PUNCT issue-52 133 23 excess excess NOUN issue-52 133 24 of of ADP issue-52 133 25 25 25 NUM issue-52 133 26 % % NOUN issue-52 133 27 share share NOUN issue-52 133 28 of of ADP issue-52 133 29 operations operation NOUN issue-52 133 30 of of ADP issue-52 133 31 the the DET issue-52 133 32 total total ADJ issue-52 133 33 volume volume NOUN issue-52 133 34 with with ADP issue-52 133 35 certain certain ADJ issue-52 133 36 securities security NOUN issue-52 133 37 in in ADP issue-52 133 38 a a DET issue-52 133 39 calendar calendar NOUN issue-52 133 40 month$ month$ NUM issue-52 133 41 – – PUNCT issue-52 133 42 growth growth NOUN issue-52 133 43 of of ADP issue-52 133 44 the the DET issue-52 133 45 average average ADJ issue-52 133 46 value value NOUN issue-52 133 47 of of ADP issue-52 133 48 exchange exchange NOUN issue-52 133 49 contract contract NOUN issue-52 133 50 more more ADJ issue-52 133 51 than than ADP issue-52 133 52 a a DET issue-52 133 53 30 30 NUM issue-52 133 54 % % NOUN issue-52 133 55 in in ADP issue-52 133 56 a a DET issue-52 133 57 calendar calendar NOUN issue-52 133 58 month month NOUN issue-52 133 59 ; ; PUNCT issue-52 133 60 – – PUNCT issue-52 133 61 change change NOUN issue-52 133 62 in in ADP issue-52 133 63 trading trading NOUN issue-52 133 64 volume volume NOUN issue-52 133 65 of of ADP issue-52 133 66 certain certain ADJ issue-52 133 67 securities security NOUN issue-52 133 68 in in ADP issue-52 133 69 a a DET issue-52 133 70 calendar calendar NOUN issue-52 133 71 month month NOUN issue-52 133 72 more more ADJ issue-52 133 73 than than ADP issue-52 133 74 25 25 NUM issue-52 133 75 % % NOUN issue-52 133 76 ; ; PUNCT issue-52 133 77 – – PUNCT issue-52 133 78 the the DET issue-52 133 79 excess excess NOUN issue-52 133 80 the the DET issue-52 133 81 share share NOUN issue-52 133 82 of of ADP issue-52 133 83 concluded conclude VERB issue-52 133 84 contracts contract NOUN issue-52 133 85 between between ADP issue-52 133 86 the the DET issue-52 133 87 two two NUM issue-52 133 88 traders trader NOUN issue-52 133 89 on on ADP issue-52 133 90 certain certain ADJ issue-52 133 91 trading trading NOUN issue-52 133 92 day day NOUN issue-52 133 93 with with ADP issue-52 133 94 the the DET issue-52 133 95 same same ADJ issue-52 133 96 securities security NOUN issue-52 133 97 in in ADP issue-52 133 98 which which PRON issue-52 133 99 the the DET issue-52 133 100 bidders bidder NOUN issue-52 133 101 alternately alternately ADV issue-52 133 102 are be AUX issue-52 133 103 as as ADP issue-52 133 104 buyers buyer NOUN issue-52 133 105 and and CCONJ issue-52 133 106 sellers seller NOUN issue-52 133 107 more more ADJ issue-52 133 108 than than ADP issue-52 133 109 20 20 NUM issue-52 133 110 % % NOUN issue-52 133 111 of of ADP issue-52 133 112 the the DET issue-52 133 113 total total ADJ issue-52 133 114 volume volume NOUN issue-52 133 115 of of ADP issue-52 133 116 trading trading NOUN issue-52 133 117 with with ADP issue-52 133 118 this this DET issue-52 133 119 security security NOUN issue-52 133 120 on on ADP issue-52 133 121 the the DET issue-52 133 122 same same ADJ issue-52 133 123 trading trading NOUN issue-52 133 124 day day NOUN issue-52 133 125 . . PUNCT issue-52 134 1 stock stock PROPN issue-52 134 2 exchange exchange PROPN issue-52 134 3 perspectyva perspectyva PROPN issue-52 134 4 in in ADP issue-52 134 5 the the DET issue-52 134 6 context context NOUN issue-52 134 7 of of ADP issue-52 134 8 manipulative manipulative ADJ issue-52 134 9 actions action NOUN issue-52 134 10 detecting detect VERB issue-52 134 11 providing provide VERB issue-52 134 12 control control NOUN issue-52 134 13 of of ADP issue-52 134 14 the the DET issue-52 134 15 agreements agreement NOUN issue-52 134 16 in in ADP issue-52 134 17 a a DET issue-52 134 18 such such ADJ issue-52 134 19 parameters parameter NOUN issue-52 134 20 : : PUNCT issue-52 134 21 – – PUNCT issue-52 134 22 the the DET issue-52 134 23 excess excess ADJ issue-52 134 24 more more ADJ issue-52 134 25 than than ADP issue-52 134 26 50 50 NUM issue-52 134 27 % % NOUN issue-52 134 28 of of ADP issue-52 134 29 the the DET issue-52 134 30 total total ADJ issue-52 134 31 exchange exchange NOUN issue-52 134 32 trades trade NOUN issue-52 134 33 , , PUNCT issue-52 134 34 amount amount NOUN issue-52 134 35 of of ADP issue-52 134 36 contracts contract NOUN issue-52 134 37 concluded conclude VERB issue-52 134 38 by by ADP issue-52 134 39 certain certain ADJ issue-52 134 40 participant participant NOUN issue-52 134 41 with with ADP issue-52 134 42 addressless addressless ADJ issue-52 134 43 applications application NOUN issue-52 134 44 ( ( PUNCT issue-52 134 45 excluding exclude VERB issue-52 134 46 applications application NOUN issue-52 134 47 done do VERB issue-52 134 48 bymarket bymarket NOUN issue-52 134 49 makers maker NOUN issue-52 134 50 ) ) PUNCT issue-52 134 51 , , PUNCT issue-52 134 52 the the DET issue-52 134 53 this this DET issue-52 134 54 security security NOUN issue-52 134 55 in in ADP issue-52 134 56 a a DET issue-52 134 57 calendar calendar NOUN issue-52 134 58 month month NOUN issue-52 134 59 set set NOUN issue-52 134 60 value value NOUN issue-52 134 61 – – PUNCT issue-52 134 62 50 50 NUM issue-52 134 63 % % NOUN issue-52 134 64 ; ; PUNCT issue-52 134 65 – – PUNCT issue-52 134 66 the the DET issue-52 134 67 excess excess ADJ issue-52 134 68 more more ADJ issue-52 134 69 than than ADP issue-52 134 70 50 50 NUM issue-52 134 71 % % NOUN issue-52 134 72 in in ADP issue-52 134 73 a a DET issue-52 134 74 month month NOUN issue-52 134 75 of of ADP issue-52 134 76 the the DET issue-52 134 77 total total ADJ issue-52 134 78 exchange exchange NOUN issue-52 134 79 trades trade NOUN issue-52 134 80 concluded conclude VERB issue-52 134 81 by by ADP issue-52 134 82 participants participant NOUN issue-52 134 83 in in ADP issue-52 134 84 6 6 NUM issue-52 134 85 months month NOUN issue-52 134 86 , , PUNCT issue-52 134 87 the the DET issue-52 134 88 amount amount NOUN issue-52 134 89 of of ADP issue-52 134 90 contracts contract NOUN issue-52 134 91 concluded conclude VERB issue-52 134 92 by by ADP issue-52 134 93 certain certain ADJ issue-52 134 94 participant participant NOUN issue-52 134 95 with with ADP issue-52 134 96 addressless addressless ADJ issue-52 134 97 applications application NOUN issue-52 134 98 ( ( PUNCT issue-52 134 99 excluding exclude VERB issue-52 134 100 applications application NOUN issue-52 134 101 done do VERB issue-52 134 102 by by ADP issue-52 134 103 market market NOUN issue-52 134 104 makers maker NOUN issue-52 134 105 ) ) PUNCT issue-52 134 106 . . PUNCT issue-52 135 1 – – PUNCT issue-52 135 2 changes change NOUN issue-52 135 3 in in ADP issue-52 135 4 the the DET issue-52 135 5 volume volume NOUN issue-52 135 6 of of ADP issue-52 135 7 trades trade NOUN issue-52 135 8 with with ADP issue-52 135 9 certain certain ADJ issue-52 135 10 securities security NOUN issue-52 135 11 in in ADP issue-52 135 12 a a DET issue-52 135 13 calendar calendar NOUN issue-52 135 14 month month NOUN issue-52 135 15 on on ADP issue-52 135 16 the the DET issue-52 135 17 set set VERB issue-52 135 18 value value NOUN issue-52 135 19 amount amount NOUN issue-52 135 20 more more ADJ issue-52 135 21 than than ADP issue-52 135 22 75 75 NUM issue-52 135 23 % % NOUN issue-52 135 24 compared compare VERB issue-52 135 25 with with ADP issue-52 135 26 the the DET issue-52 135 27 previous previous ADJ issue-52 135 28 calendar calendar NOUN issue-52 135 29 month month NOUN issue-52 135 30 ; ; PUNCT issue-52 135 31 to to PART issue-52 135 32 increase increase VERB issue-52 135 33 the the DET issue-52 135 34 effectiveness effectiveness NOUN issue-52 135 35 of of ADP issue-52 135 36 competitive competitive ADJ issue-52 135 37 relations relation NOUN issue-52 135 38 regulation regulation NOUN issue-52 135 39 it it PRON issue-52 135 40 is be AUX issue-52 135 41 necessary necessary ADJ issue-52 135 42 to to PART issue-52 135 43 make make VERB issue-52 135 44 clear clear ADJ issue-52 135 45 requirements requirement NOUN issue-52 135 46 to to PART issue-52 135 47 detect detect VERB issue-52 135 48 manipulative manipulative ADJ issue-52 135 49 transactions transaction NOUN issue-52 135 50 on on ADP issue-52 135 51 stock stock NOUN issue-52 135 52 exchanges exchange NOUN issue-52 135 53 , , PUNCT issue-52 135 54 exactly exactly ADV issue-52 135 55 to to PART issue-52 135 56 define define VERB issue-52 135 57 criteria criterion NOUN issue-52 135 58 that that PRON issue-52 135 59 should should AUX issue-52 135 60 be be AUX issue-52 135 61 based base VERB issue-52 135 62 on on ADP issue-52 135 63 individual individual ADJ issue-52 135 64 price price NOUN issue-52 135 65 deviations deviation NOUN issue-52 135 66 , , PUNCT issue-52 135 67 it it PRON issue-52 135 68 will will AUX issue-52 135 69 enable enable VERB issue-52 135 70 to to PART issue-52 135 71 identify identify VERB issue-52 135 72 non non ADJ issue-52 135 73 - - ADJ issue-52 135 74 fair fair ADJ issue-52 135 75 actions action NOUN issue-52 135 76 as as ADP issue-52 135 77 manipulative manipulative ADJ issue-52 135 78 actions action NOUN issue-52 135 79 exactly exactly ADV issue-52 135 80 for for ADP issue-52 135 81 certain certain ADJ issue-52 135 82 shares share NOUN issue-52 135 83 . . PUNCT issue-52 136 1 in in ADP issue-52 136 2 particular particular ADJ issue-52 136 3 , , PUNCT issue-52 136 4 at at ADP issue-52 136 5 the the DET issue-52 136 6 level level NOUN issue-52 136 7 of of ADP issue-52 136 8 national national ADJ issue-52 136 9 securities security NOUN issue-52 136 10 and and CCONJ issue-52 136 11 stock stock NOUN issue-52 136 12 market market NOUN issue-52 136 13 commission commission PROPN issue-52 136 14 , , PUNCT issue-52 136 15 along along ADP issue-52 136 16 with with ADP issue-52 136 17 the the DET issue-52 136 18 existing exist VERB issue-52 136 19 methods method NOUN issue-52 136 20 , , PUNCT issue-52 136 21 should should AUX issue-52 136 22 be be AUX issue-52 136 23 provided provide VERB issue-52 136 24 effective effective ADJ issue-52 136 25 methodology methodology NOUN issue-52 136 26 of of ADP issue-52 136 27 manipulative manipulative ADJ issue-52 136 28 actions action NOUN issue-52 136 29 identification identification NOUN issue-52 136 30 based base VERB issue-52 136 31 on on ADP issue-52 136 32 calculating calculate VERB issue-52 136 33 individual individual ADJ issue-52 136 34 significant significant ADJ issue-52 136 35 prices price NOUN issue-52 136 36 deviation deviation NOUN issue-52 136 37 for for ADP issue-52 136 38 every every DET issue-52 136 39 share share NOUN issue-52 136 40 . . PUNCT issue-52 137 1 this this PRON issue-52 137 2 will will AUX issue-52 137 3 allow allow VERB issue-52 137 4 to to PART issue-52 137 5 respond respond VERB issue-52 137 6 the the DET issue-52 137 7 illegal illegal ADJ issue-52 137 8 actions action NOUN issue-52 137 9 of of ADP issue-52 137 10 market market NOUN issue-52 137 11 participants participant NOUN issue-52 137 12 and and CCONJ issue-52 137 13 providing provide VERB issue-52 137 14 more more ADV issue-52 137 15 transparent transparent ADJ issue-52 137 16 conditions condition NOUN issue-52 137 17 for for ADP issue-52 137 18 the the DET issue-52 137 19 functioning functioning NOUN issue-52 137 20 at at ADP issue-52 137 21 the the DET issue-52 137 22 ukrainian ukrainian ADJ issue-52 137 23 stock stock NOUN issue-52 137 24 exchanges exchange NOUN issue-52 137 25 . . PUNCT issue-52 138 1 in in ADP issue-52 138 2 most most ADJ issue-52 138 3 developing develop VERB issue-52 138 4 countries country NOUN issue-52 138 5 and and CCONJ issue-52 138 6 in in ADP issue-52 138 7 ukraine ukraine NOUN issue-52 138 8 in in ADP issue-52 138 9 particular particular ADJ issue-52 138 10 , , PUNCT issue-52 138 11 the the DET issue-52 138 12 low low ADJ issue-52 138 13 efficiency efficiency NOUN issue-52 138 14 of of ADP issue-52 138 15 the the DET issue-52 138 16 stock stock NOUN issue-52 138 17 market market NOUN issue-52 138 18 is be AUX issue-52 138 19 caused cause VERB issue-52 138 20 with with ADP issue-52 138 21 common common ADJ issue-52 138 22 characteristic characteristic ADJ issue-52 138 23 features feature NOUN issue-52 138 24 : : PUNCT issue-52 138 25 complete complete ADJ issue-52 138 26 dependence dependence NOUN issue-52 138 27 on on ADP issue-52 138 28 international international ADJ issue-52 138 29 capital capital NOUN issue-52 138 30 flows flow NOUN issue-52 138 31 , , PUNCT issue-52 138 32 the the DET issue-52 138 33 lack lack NOUN issue-52 138 34 of of ADP issue-52 138 35 long long ADJ issue-52 138 36 - - PUNCT issue-52 138 37 term term NOUN issue-52 138 38 investments investment NOUN issue-52 138 39 and and CCONJ issue-52 138 40 mainly mainly ADV issue-52 138 41 speculative speculative ADJ issue-52 138 42 kind kind NOUN issue-52 138 43 of of ADP issue-52 138 44 operations operation NOUN issue-52 138 45 . . PUNCT issue-52 139 1 all all DET issue-52 139 2 this this PRON issue-52 139 3 indicates indicate VERB issue-52 139 4 about about ADP issue-52 139 5 significant significant ADJ issue-52 139 6 isolation isolation NOUN issue-52 139 7 of of ADP issue-52 139 8 the the DET issue-52 139 9 domestic domestic ADJ issue-52 139 10 stock stock NOUN issue-52 139 11 market market NOUN issue-52 139 12 from from ADP issue-52 139 13 the the DET issue-52 139 14 real real ADJ issue-52 139 15 economy economy NOUN issue-52 139 16 . . PUNCT issue-52 140 1 this this PRON issue-52 140 2 is be AUX issue-52 140 3 explained explain VERB issue-52 140 4 with with ADP issue-52 140 5 the the DET issue-52 140 6 fact fact NOUN issue-52 140 7 that that SCONJ issue-52 140 8 ukraine ukraine PROPN issue-52 140 9 has have AUX issue-52 140 10 a a DET issue-52 140 11 unique unique ADJ issue-52 140 12 situation situation NOUN issue-52 140 13 , , PUNCT issue-52 140 14 which which PRON issue-52 140 15 is be AUX issue-52 140 16 characterized characterize VERB issue-52 140 17 by by ADP issue-52 140 18 a a DET issue-52 140 19 predominance predominance NOUN issue-52 140 20 of of ADP issue-52 140 21 the the DET issue-52 140 22 informal informal ADJ issue-52 140 23 ( ( PUNCT issue-52 140 24 shadow shadow NOUN issue-52 140 25 ) ) PUNCT issue-52 140 26 stock stock NOUN issue-52 140 27 market market NOUN issue-52 140 28 and and CCONJ issue-52 140 29 imbalance imbalance NOUN issue-52 140 30 of of ADP issue-52 140 31 its its PRON issue-52 140 32 institutional institutional ADJ issue-52 140 33 elements element NOUN issue-52 140 34 . . PUNCT issue-52 141 1 7 7 X issue-52 141 2 . . X issue-52 141 3 conclusion conclusion NOUN issue-52 141 4 the the DET issue-52 141 5 research research NOUN issue-52 141 6 results result NOUN issue-52 141 7 shows show VERB issue-52 141 8 that that SCONJ issue-52 141 9 stock stock NOUN issue-52 141 10 market market NOUN issue-52 141 11 in in ADP issue-52 141 12 ukraine ukraine NOUN issue-52 141 13 can can AUX issue-52 141 14 be be AUX issue-52 141 15 characterized characterize VERB issue-52 141 16 by by ADP issue-52 141 17 too too ADV issue-52 141 18 hi hi ADJ issue-52 141 19 level level NOUN issue-52 141 20 of of ADP issue-52 141 21 trading trading NOUN issue-52 141 22 operations operation NOUN issue-52 141 23 that that PRON issue-52 141 24 are be AUX issue-52 141 25 execute execute VERB issue-52 141 26 out out ADP issue-52 141 27 of of ADP issue-52 141 28 the the DET issue-52 141 29 organized organized ADJ issue-52 141 30 market market NOUN issue-52 141 31 . . PUNCT issue-52 142 1 it it PRON issue-52 142 2 is be AUX issue-52 142 3 the the DET issue-52 142 4 evidence evidence NOUN issue-52 142 5 that that SCONJ issue-52 142 6 ukrainian ukrainian ADJ issue-52 142 7 stock stock NOUN issue-52 142 8 market market NOUN issue-52 142 9 has have AUX issue-52 142 10 low low ADJ issue-52 142 11 development development NOUN issue-52 142 12 level level NOUN issue-52 142 13 and and CCONJ issue-52 142 14 as as ADP issue-52 142 15 a a DET issue-52 142 16 result result NOUN issue-52 142 17 – – PUNCT issue-52 142 18 low low ADJ issue-52 142 19 efficiency efficiency NOUN issue-52 142 20 level level NOUN issue-52 142 21 . . PUNCT issue-52 143 1 in in ADP issue-52 143 2 general general ADJ issue-52 143 3 the the DET issue-52 143 4 dynamics dynamic NOUN issue-52 143 5 of of ADP issue-52 143 6 the the DET issue-52 143 7 stock stock NOUN issue-52 143 8 market market NOUN issue-52 143 9 in in ADP issue-52 143 10 ukraine ukraine NOUN issue-52 143 11 does do AUX issue-52 143 12 not not PART issue-52 143 13 meet meet VERB issue-52 143 14 the the DET issue-52 143 15 objective objective ADJ issue-52 143 16 tendencies tendency NOUN issue-52 143 17 of of ADP issue-52 143 18 its its PRON issue-52 143 19 development development NOUN issue-52 143 20 and and CCONJ issue-52 143 21 development development NOUN issue-52 143 22 of of ADP issue-52 143 23 the the DET issue-52 143 24 national national ADJ issue-52 143 25 economy economy NOUN issue-52 143 26 . . PUNCT issue-52 144 1 imitation imitation NOUN issue-52 144 2 of of ADP issue-52 144 3 activity activity NOUN issue-52 144 4 of of ADP issue-52 144 5 some some DET issue-52 144 6 stock stock NOUN issue-52 144 7 exchanges exchange NOUN issue-52 144 8 , , PUNCT issue-52 144 9 which which PRON issue-52 144 10 are be AUX issue-52 144 11 turned turn VERB issue-52 144 12 into into ADP issue-52 144 13 simple simple ADJ issue-52 144 14 auction auction NOUN issue-52 144 15 where where SCONJ issue-52 144 16 the the DET issue-52 144 17 lowest low ADJ issue-52 144 18 level level NOUN issue-52 144 19 of of ADP issue-52 144 20 competition competition NOUN issue-52 144 21 and and CCONJ issue-52 144 22 there there PRON issue-52 144 23 is be VERB issue-52 144 24 usually usually ADV issue-52 144 25 operates operate VERB issue-52 144 26 the the DET issue-52 144 27 only only ADJ issue-52 144 28 one one NUM issue-52 144 29 seller seller NOUN issue-52 144 30 , , PUNCT issue-52 144 31 which which PRON issue-52 144 32 is be AUX issue-52 144 33 represented represent VERB issue-52 144 34 by by ADP issue-52 144 35 government government NOUN issue-52 144 36 and and CCONJ issue-52 144 37 extremely extremely ADV issue-52 144 38 limited limited ADJ issue-52 144 39 number number NOUN issue-52 144 40 of of ADP issue-52 144 41 buyers buyer NOUN issue-52 144 42 . . PUNCT issue-52 145 1 despite despite SCONJ issue-52 145 2 on on ADP issue-52 145 3 the the DET issue-52 145 4 positive positive ADJ issue-52 145 5 dynamics dynamic NOUN issue-52 145 6 of of ADP issue-52 145 7 the the DET issue-52 145 8 volume volume NOUN issue-52 145 9 of of ADP issue-52 145 10 transactions transaction NOUN issue-52 145 11 that that PRON issue-52 145 12 were be AUX issue-52 145 13 concluded conclude VERB issue-52 145 14 on on ADP issue-52 145 15 the the DET issue-52 145 16 stock stock NOUN issue-52 145 17 exchanges exchange NOUN issue-52 145 18 during during ADP issue-52 145 19 the the DET issue-52 145 20 period period NOUN issue-52 145 21 2004 2004 NUM issue-52 145 22 - - SYM issue-52 145 23 2013 2013 NUM issue-52 145 24 , , PUNCT issue-52 145 25 the the DET issue-52 145 26 main main ADJ issue-52 145 27 amount amount NOUN issue-52 145 28 of of ADP issue-52 145 29 trading trading NOUN issue-52 145 30 was be AUX issue-52 145 31 done do VERB issue-52 145 32 in in ADP issue-52 145 33 “ " PUNCT issue-52 145 34 shadow shadow NOUN issue-52 145 35 ” " PUNCT issue-52 145 36 . . PUNCT issue-52 146 1 so so ADV issue-52 146 2 , , PUNCT issue-52 146 3 regulatory regulatory ADJ issue-52 146 4 institutions institution NOUN issue-52 146 5 could could AUX issue-52 146 6 not not PART issue-52 146 7 guarantee guarantee VERB issue-52 146 8 the the DET issue-52 146 9 security security NOUN issue-52 146 10 to to ADP issue-52 146 11 investors investor NOUN issue-52 146 12 who who PRON issue-52 146 13 were be AUX issue-52 146 14 going go VERB issue-52 146 15 to to PART issue-52 146 16 enter enter VERB issue-52 146 17 the the DET issue-52 146 18 national national ADJ issue-52 146 19 stock stock NOUN issue-52 146 20 market market NOUN issue-52 146 21 . . PUNCT issue-52 147 1 in in ADP issue-52 147 2 this this DET issue-52 147 3 reason reason NOUN issue-52 147 4 ukraine ukraine NOUN issue-52 147 5 loose loose ADJ issue-52 147 6 opportunity opportunity NOUN issue-52 147 7 to to PART issue-52 147 8 attract attract VERB issue-52 147 9 capital capital NOUN issue-52 147 10 and and CCONJ issue-52 147 11 to to PART issue-52 147 12 develop develop VERB issue-52 147 13 its its PRON issue-52 147 14 economy economy NOUN issue-52 147 15 . . PUNCT issue-52 148 1 also also ADV issue-52 148 2 the the DET issue-52 148 3 stock stock NOUN issue-52 148 4 market market NOUN issue-52 148 5 in in ADP issue-52 148 6 ukraine ukraine PROPN issue-52 148 7 has have VERB issue-52 148 8 a a DET issue-52 148 9 low low ADJ issue-52 148 10 level level NOUN issue-52 148 11 of of ADP issue-52 148 12 capitalization capitalization NOUN issue-52 148 13 , , PUNCT issue-52 148 14 so so SCONJ issue-52 148 15 it it PRON issue-52 148 16 does do AUX issue-52 148 17 not not PART issue-52 148 18 perform perform VERB issue-52 148 19 its its PRON issue-52 148 20 most most ADV issue-52 148 21 important important ADJ issue-52 148 22 function function NOUN issue-52 148 23 – – PUNCT issue-52 148 24 attraction attraction NOUN issue-52 148 25 investments investment NOUN issue-52 148 26 for for ADP issue-52 148 27 economic economic ADJ issue-52 148 28 development development NOUN issue-52 148 29 . . PUNCT issue-52 149 1 the the DET issue-52 149 2 analysis analysis NOUN issue-52 149 3 of of ADP issue-52 149 4 the the DET issue-52 149 5 economic economic ADJ issue-52 149 6 concentration concentration NOUN issue-52 149 7 of of ADP issue-52 149 8 the the DET issue-52 149 9 stock stock NOUN issue-52 149 10 exchanges exchange NOUN issue-52 149 11 showed show VERB issue-52 149 12 that that SCONJ issue-52 149 13 the the DET issue-52 149 14 competitive competitive ADJ issue-52 149 15 structure structure NOUN issue-52 149 16 of of ADP issue-52 149 17 the the DET issue-52 149 18 domestic domestic ADJ issue-52 149 19 organized organize VERB issue-52 149 20 securities security NOUN issue-52 149 21 market market NOUN issue-52 149 22 during during ADP issue-52 149 23 20042013 20042013 NUM issue-52 149 24 years year NOUN issue-52 149 25 was be AUX issue-52 149 26 changing change VERB issue-52 149 27 from from ADP issue-52 149 28 monopoly monopoly NOUN issue-52 149 29 to to ADP issue-52 149 30 oligopoly oligopoly NOUN issue-52 149 31 . . PUNCT issue-52 150 1 previously previously ADV issue-52 150 2 almost almost ADV issue-52 150 3 all all PRON issue-52 150 4 operations operation NOUN issue-52 150 5 were be AUX issue-52 150 6 concentrated concentrate VERB issue-52 150 7 in in ADP issue-52 150 8 one one NUM issue-52 150 9 stock stock NOUN issue-52 150 10 exchange exchange NOUN issue-52 150 11 pfts pft NOUN issue-52 150 12 , , PUNCT issue-52 150 13 but but CCONJ issue-52 150 14 since since SCONJ issue-52 150 15 2009 2009 NUM issue-52 150 16 three three NUM issue-52 150 17 trade trade NOUN issue-52 150 18 organizers organizer NOUN issue-52 150 19 had have AUX issue-52 150 20 divided divide VERB issue-52 150 21 the the DET issue-52 150 22 market market NOUN issue-52 150 23 . . PUNCT issue-52 151 1 identifying identify VERB issue-52 151 2 of of ADP issue-52 151 3 manipulative manipulative ADJ issue-52 151 4 actions action NOUN issue-52 151 5 is be AUX issue-52 151 6 very very ADV issue-52 151 7 important important ADJ issue-52 151 8 part part NOUN issue-52 151 9 of of ADP issue-52 151 10 stock stock NOUN issue-52 151 11 exchange exchange NOUN issue-52 151 12 activity activity NOUN issue-52 151 13 . . PUNCT issue-52 152 1 its its PRON issue-52 152 2 purpose purpose NOUN issue-52 152 3 to to PART issue-52 152 4 protect protect VERB issue-52 152 5 all all DET issue-52 152 6 participants participant NOUN issue-52 152 7 from from ADP issue-52 152 8 unfair unfair ADJ issue-52 152 9 competition competition NOUN issue-52 152 10 and and CCONJ issue-52 152 11 from from ADP issue-52 152 12 the the DET issue-52 152 13 acts act NOUN issue-52 152 14 of of ADP issue-52 152 15 artificially artificially ADV issue-52 152 16 inflating inflate VERB issue-52 152 17 or or CCONJ issue-52 152 18 deflating deflate VERB issue-52 152 19 the the DET issue-52 152 20 price price NOUN issue-52 152 21 of of ADP issue-52 152 22 a a DET issue-52 152 23 security security NOUN issue-52 152 24 . . PUNCT issue-52 153 1 but but CCONJ issue-52 153 2 ukrainian ukrainian ADJ issue-52 153 3 stock stock NOUN issue-52 153 4 exchanges exchange NOUN issue-52 153 5 do do AUX issue-52 153 6 not not PART issue-52 153 7 use use VERB issue-52 153 8 efficient efficient ADJ issue-52 153 9 mechanism mechanism NOUN issue-52 153 10 of of ADP issue-52 153 11 manipulations manipulation NOUN issue-52 153 12 identification identification NOUN issue-52 153 13 . . PUNCT issue-52 154 1 existing exist VERB issue-52 154 2 methods method NOUN issue-52 154 3 do do AUX issue-52 154 4 not not PART issue-52 154 5 use use VERB issue-52 154 6 include include VERB issue-52 154 7 price price NOUN issue-52 154 8 deviations deviation NOUN issue-52 154 9 , , PUNCT issue-52 154 10 so so SCONJ issue-52 154 11 investors investor NOUN issue-52 154 12 has have VERB issue-52 154 13 big big ADJ issue-52 154 14 risks risk NOUN issue-52 154 15 to to PART issue-52 154 16 conclude conclude VERB issue-52 154 17 unfair unfair ADJ issue-52 154 18 deal deal NOUN issue-52 154 19 . . PUNCT issue-52 155 1 further further ADJ issue-52 155 2 research research NOUN issue-52 155 3 should should AUX issue-52 155 4 be be AUX issue-52 155 5 focused focus VERB issue-52 155 6 on on ADP issue-52 155 7 improving improve VERB issue-52 155 8 methods method NOUN issue-52 155 9 that that PRON issue-52 155 10 ensure ensure VERB issue-52 155 11 the the DET issue-52 155 12 effective effective ADJ issue-52 155 13 implementation implementation NOUN issue-52 155 14 of of ADP issue-52 155 15 the the DET issue-52 155 16 basic basic ADJ issue-52 155 17 principles principle NOUN issue-52 155 18 of of ADP issue-52 155 19 competition competition NOUN issue-52 155 20 between between ADP issue-52 155 21 market market NOUN issue-52 155 22 entities entity NOUN issue-52 155 23 . . PUNCT issue-52 156 1 also also ADV issue-52 156 2 it it PRON issue-52 156 3 is be AUX issue-52 156 4 nessessary nessessary ADJ issue-52 156 5 to to PART issue-52 156 6 to to PART issue-52 156 7 increase increase VERB issue-52 156 8 transparency transparency NOUN issue-52 156 9 level level NOUN issue-52 156 10 and and CCONJ issue-52 156 11 to to PART issue-52 156 12 increase increase VERB issue-52 156 13 share share NOUN issue-52 156 14 of of ADP issue-52 156 15 organized organize VERB issue-52 156 16 stock stock NOUN issue-52 156 17 market market NOUN issue-52 156 18 in in ADP issue-52 156 19 ukraine ukraine NOUN issue-52 156 20 . . PUNCT issue-52 157 1 all all DET issue-52 157 2 this this PRON issue-52 157 3 is be AUX issue-52 157 4 extremely extremely ADV issue-52 157 5 important important ADJ issue-52 157 6 for for ADP issue-52 157 7 securities security NOUN issue-52 157 8 market market NOUN issue-52 157 9 development development NOUN issue-52 157 10 and and CCONJ issue-52 157 11 its its PRON issue-52 157 12 further further ADJ issue-52 157 13 integration integration NOUN issue-52 157 14 into into ADP issue-52 157 15 european european ADJ issue-52 157 16 financial financial ADJ issue-52 157 17 system system NOUN issue-52 157 18 . . PUNCT issue-52 158 1 baltic baltic PROPN issue-52 158 2 journal journal PROPN issue-52 158 3 of of ADP issue-52 158 4 economic economic ADJ issue-52 158 5 studies study NOUN issue-52 158 6 153 153 NUM issue-52 158 7 vol vol NOUN issue-52 158 8 . . PROPN issue-52 159 1 1 1 NUM issue-52 159 2 , , PUNCT issue-52 159 3 no no INTJ issue-52 159 4 . . NOUN issue-52 159 5 2 2 NUM issue-52 159 6 , , PUNCT issue-52 159 7 2015 2015 NUM issue-52 159 8 references reference NOUN issue-52 159 9 deeva deeva PROPN issue-52 159 10 , , PUNCT issue-52 159 11 n.e n.e PROPN issue-52 159 12 . . PUNCT issue-52 159 13 ( ( PUNCT issue-52 159 14 2009 2009 NUM issue-52 159 15 ) ) PUNCT issue-52 159 16 . . PUNCT issue-52 160 1 ukrainian ukrainian ADJ issue-52 160 2 stock stock NOUN issue-52 160 3 market market NOUN issue-52 160 4 capitalization capitalization NOUN issue-52 160 5 : : PUNCT issue-52 160 6 problems problem NOUN issue-52 160 7 of of ADP issue-52 160 8 evaluation evaluation NOUN issue-52 160 9 and and CCONJ issue-52 160 10 reaction reaction NOUN issue-52 160 11 on on ADP issue-52 160 12 crisis crisis NOUN issue-52 160 13 . . PUNCT issue-52 161 1 economic economic ADJ issue-52 161 2 journal journal NOUN issue-52 161 3 of of ADP issue-52 161 4 donbas donbas NOUN issue-52 161 5 , , PUNCT issue-52 161 6 4 4 NUM issue-52 161 7 ( ( PUNCT issue-52 161 8 18 18 NUM issue-52 161 9 ) ) PUNCT issue-52 161 10 , , PUNCT issue-52 161 11 р р ADP issue-52 161 12 . . PROPN issue-52 162 1 115–121 115–121 NUM issue-52 162 2 . . PUNCT issue-52 162 3 nssmc nssmc PROPN issue-52 162 4 : : PUNCT issue-52 162 5 national national ADJ issue-52 162 6 securities securities PROPN issue-52 162 7 and and CCONJ issue-52 162 8 stock stock NOUN issue-52 162 9 market market NOUN issue-52 162 10 commission commission NOUN issue-52 162 11 ( ( PUNCT issue-52 162 12 2013 2013 NUM issue-52 162 13 ) ) PUNCT issue-52 162 14 . . PUNCT issue-52 163 1 annual annual ADJ issue-52 163 2 review review NOUN issue-52 163 3 and and CCONJ issue-52 163 4 summary summary VERB issue-52 163 5 financial financial ADJ issue-52 163 6 statements statement NOUN issue-52 163 7 . . PUNCT issue-52 164 1 [ [ X issue-52 164 2 electronic electronic ADJ issue-52 164 3 resource resource NOUN issue-52 164 4 ] ] PUNCT issue-52 164 5 . . PUNCT issue-52 164 6 – – PUNCT issue-52 164 7 retrieved retrieve VERB issue-52 164 8 from from ADP issue-52 164 9 : : PUNCT issue-52 164 10 http://www.nssmc.gov.ua/activities/annual http://www.nssmc.gov.ua/activities/annual PROPN issue-52 164 11 perspektiva perspektiva PROPN issue-52 164 12 stock stock PROPN issue-52 164 13 exchange exchange PROPN issue-52 164 14 official official ADJ issue-52 164 15 web web NOUN issue-52 164 16 - - NOUN issue-52 164 17 site site NOUN issue-52 164 18 ( ( PUNCT issue-52 164 19 2014 2014 NUM issue-52 164 20 ) ) PUNCT issue-52 164 21 . . PUNCT issue-52 165 1 [ [ X issue-52 165 2 electronic electronic ADJ issue-52 165 3 resource resource NOUN issue-52 165 4 ] ] PUNCT issue-52 165 5 . . PUNCT issue-52 166 1 – – PUNCT issue-52 166 2 retrieved retrieve VERB issue-52 166 3 from from ADP issue-52 166 4 : : PUNCT issue-52 166 5 http://fbp.com.ua http://fbp.com.ua X issue-52 166 6 . . PUNCT issue-52 167 1 pfts pft NOUN issue-52 167 2 stock stock PROPN issue-52 167 3 exchange exchange PROPN issue-52 167 4 official official ADJ issue-52 167 5 web web NOUN issue-52 167 6 - - NOUN issue-52 167 7 site site NOUN issue-52 167 8 ( ( PUNCT issue-52 167 9 2014 2014 NUM issue-52 167 10 ) ) PUNCT issue-52 167 11 . . PUNCT issue-52 168 1 [ [ X issue-52 168 2 electronic electronic ADJ issue-52 168 3 resource resource NOUN issue-52 168 4 ] ] PUNCT issue-52 168 5 . . PUNCT issue-52 169 1 – – PUNCT issue-52 169 2 retrieved retrieve VERB issue-52 169 3 from from ADP issue-52 169 4 : : PUNCT issue-52 169 5 http://www.pfts.com/uk/ http://www.pfts.com/uk/ PROPN issue-52 169 6 pfts pft NOUN issue-52 169 7 - - PUNCT issue-52 169 8 report report NOUN issue-52 169 9 smida smida NOUN issue-52 169 10 : : PUNCT issue-52 169 11 securities security NOUN issue-52 169 12 market market NOUN issue-52 169 13 infrastructure infrastructure PROPN issue-52 169 14 development development PROPN issue-52 169 15 agency agency PROPN issue-52 169 16 ( ( PUNCT issue-52 169 17 2013 2013 NUM issue-52 169 18 ) ) PUNCT issue-52 170 1 [ [ X issue-52 170 2 electronic electronic ADJ issue-52 170 3 resource resource NOUN issue-52 170 4 ] ] PUNCT issue-52 170 5 . . PUNCT issue-52 170 6 – – PUNCT issue-52 170 7 retrieved retrieve VERB issue-52 170 8 from from ADP issue-52 170 9 : : PUNCT issue-52 170 10 http://www.smida.gov.ua/ http://www.smida.gov.ua/ PROPN issue-52 170 11 the the DET issue-52 170 12 world world PROPN issue-52 170 13 bank bank PROPN issue-52 170 14 group group NOUN issue-52 170 15 ( ( PUNCT issue-52 170 16 2012 2012 NUM issue-52 170 17 ) ) PUNCT issue-52 170 18 . . PUNCT issue-52 171 1 gdp gdp NOUN issue-52 171 2 . . PUNCT issue-52 172 1 [ [ X issue-52 172 2 electronic electronic ADJ issue-52 172 3 resource resource NOUN issue-52 172 4 ] ] PUNCT issue-52 172 5 . . PUNCT issue-52 173 1 – – PUNCT issue-52 173 2 retrieved retrieve VERB issue-52 173 3 from from ADP issue-52 173 4 : : PUNCT issue-52 173 5 http://data.worldbank.org/ http://data.worldbank.org/ PROPN issue-52 173 6 indicator indicator NOUN issue-52 173 7 / / SYM issue-52 173 8 ny.gdp.mktp.cd ny.gdp.mktp.cd X issue-52 173 9 the the DET issue-52 173 10 world world PROPN issue-52 173 11 bank bank PROPN issue-52 173 12 group group NOUN issue-52 173 13 ( ( PUNCT issue-52 173 14 2012 2012 NUM issue-52 173 15 ) ) PUNCT issue-52 173 16 . . PUNCT issue-52 174 1 market market NOUN issue-52 174 2 capitalization capitalization NOUN issue-52 174 3 of of ADP issue-52 174 4 listed list VERB issue-52 174 5 companies company NOUN issue-52 174 6 . . PUNCT issue-52 175 1 [ [ X issue-52 175 2 electronic electronic ADJ issue-52 175 3 resource resource NOUN issue-52 175 4 ] ] PUNCT issue-52 175 5 . . PUNCT issue-52 176 1 – – PUNCT issue-52 176 2 retrieved retrieve VERB issue-52 176 3 from from ADP issue-52 176 4 : : PUNCT issue-52 176 5 http://data.worldbank.org http://data.worldbank.org NOUN issue-52 176 6 михаил михаил NOUN issue-52 176 7 трофимчук трофимчук VERB issue-52 176 8 , , PUNCT issue-52 176 9 алексанр алексанр NOUN issue-52 176 10 трофимчук трофимчук VERB issue-52 176 11 оценка оценка ADP issue-52 176 12 современных современных NOUN issue-52 176 13 тенденций тенденций PROPN issue-52 176 14 развития развития VERB issue-52 176 15 фондового фондового PROPN issue-52 176 16 рынка рынка PROPN issue-52 176 17 в в PROPN issue-52 176 18 украине украине PROPN issue-52 176 19 аннотация аннотация PROPN issue-52 176 20 . . PUNCT issue-52 177 1 целью целью PROPN issue-52 177 2 статьи статьи PROPN issue-52 177 3 является является PROPN issue-52 177 4 экономическое экономическое PROPN issue-52 177 5 обоснование обоснование PROPN issue-52 177 6 и и PROPN issue-52 177 7 критическая критическая VERB issue-52 177 8 оценка оценка ADP issue-52 177 9 особенностей особенностей NOUN issue-52 177 10 функционирования функционирования NOUN issue-52 177 11 фондового фондового NOUN issue-52 177 12 рынка рынка PROPN issue-52 177 13 в в PROPN issue-52 177 14 украине украине PROPN issue-52 177 15 , , PUNCT issue-52 177 16 поиск поиск ADJ issue-52 177 17 путей путей NOUN issue-52 177 18 его его PROPN issue-52 177 19 развития развития PROPN issue-52 177 20 с с PROPN issue-52 177 21 целью целью PROPN issue-52 177 22 обеспечения обеспечения ADJ issue-52 177 23 эффективного эффективного NOUN issue-52 177 24 исполнения исполнения PROPN issue-52 177 25 возложенных возложенных PROPN issue-52 177 26 на на PROPN issue-52 177 27 него него PROPN issue-52 177 28 функций функций PROPN issue-52 177 29 . . PUNCT issue-52 178 1 методология методология NOUN issue-52 178 2 . . PUNCT issue-52 179 1 исследование исследование PROPN issue-52 179 2 основано основано PROPN issue-52 179 3 на на PROPN issue-52 179 4 анализе анализе PROPN issue-52 179 5 важных важных PROPN issue-52 179 6 аспектов аспектов PROPN issue-52 179 7 , , PUNCT issue-52 179 8 которые которые NOUN issue-52 179 9 определяют определяют VERB issue-52 179 10 особенности особенности PROPN issue-52 179 11 работы работы PROPN issue-52 179 12 и и PROPN issue-52 179 13 развития развития VERB issue-52 179 14 фондового фондового NOUN issue-52 179 15 рынка рынка NOUN issue-52 179 16 . . PUNCT issue-52 180 1 к к X issue-52 180 2 таким таким NOUN issue-52 180 3 аспектам аспектам NOUN issue-52 180 4 отнесено отнесено NOUN issue-52 180 5 денежный денежный NOUN issue-52 180 6 объем объем PROPN issue-52 180 7 совершенных совершенных PROPN issue-52 180 8 сделок сделок PROPN issue-52 180 9 на на PROPN issue-52 180 10 фондовых фондовых PROPN issue-52 180 11 биржах биржах NOUN issue-52 180 12 , , PUNCT issue-52 180 13 уровень уровень NOUN issue-52 180 14 биржевой биржевой NOUN issue-52 180 15 капитализации капитализации PROPN issue-52 180 16 , , PUNCT issue-52 180 17 степень степень PROPN issue-52 180 18 экономической экономической PROPN issue-52 180 19 концентрации концентрации VERB issue-52 180 20 , , PUNCT issue-52 180 21 ценовая ценовая ADV issue-52 180 22 политика политика VERB issue-52 180 23 бирж бирж ADV issue-52 180 24 на на PROPN issue-52 180 25 рынке рынке NOUN issue-52 180 26 , , PUNCT issue-52 180 27 контроль контроль PROPN issue-52 180 28 над над PROPN issue-52 180 29 использованием использованием PROPN issue-52 180 30 инсайдерской инсайдерской NOUN issue-52 180 31 информации информации NOUN issue-52 180 32 , , PUNCT issue-52 180 33 а а PROPN issue-52 180 34 также также PROPN issue-52 180 35 идентификация идентификация PROPN issue-52 180 36 манипулятивных манипулятивных PROPN issue-52 180 37 действий действий PROPN issue-52 180 38 . . PUNCT issue-52 181 1 результаты результаты PROPN issue-52 181 2 . . PUNCT issue-52 182 1 на на PROPN issue-52 182 2 основе основе PROPN issue-52 182 3 объема объема PROPN issue-52 182 4 торговой торговой NOUN issue-52 182 5 деятельности деятельности PROPN issue-52 182 6 , , PUNCT issue-52 182 7 совершенной совершенной PROPN issue-52 182 8 на на PROPN issue-52 182 9 фондовых фондовых PROPN issue-52 182 10 биржах биржах NOUN issue-52 182 11 , , PUNCT issue-52 182 12 выделены выделены NOUN issue-52 182 13 особенности особенности PROPN issue-52 182 14 структуры структуры ADJ issue-52 182 15 фондового фондового NOUN issue-52 182 16 рынка рынка NOUN issue-52 182 17 . . PUNCT issue-52 183 1 проведен проведен PROPN issue-52 183 2 сравнительный сравнительный PROPN issue-52 183 3 анализ анализ PROPN issue-52 183 4 между между PROPN issue-52 183 5 уровнем уровнем PROPN issue-52 183 6 капитализации капитализации VERB issue-52 183 7 фондового фондового NOUN issue-52 183 8 рынка рынка PROPN issue-52 183 9 украины украины PROPN issue-52 183 10 и и PROPN issue-52 183 11 среднемирового среднемирового PROPN issue-52 183 12 значения значения NOUN issue-52 183 13 уровня уровня PROPN issue-52 183 14 капитализации капитализации NOUN issue-52 183 15 рынка рынка PROPN issue-52 183 16 ценных ценных PROPN issue-52 183 17 бумаг бумаг NOUN issue-52 183 18 . . PUNCT issue-52 184 1 определены определены NOUN issue-52 184 2 факторы факторы PROPN issue-52 184 3 оказывающее оказывающее PROPN issue-52 184 4 негативное негативное PROPN issue-52 184 5 влияние влияние PROPN issue-52 184 6 на на PROPN issue-52 184 7 уровень уровень PROPN issue-52 184 8 капитализации капитализации VERB issue-52 184 9 отечественного отечественного NOUN issue-52 184 10 фондового фондового NOUN issue-52 184 11 рынка рынка NOUN issue-52 184 12 . . PUNCT issue-52 185 1 осуществлена осуществлена PROPN issue-52 185 2 оценка оценка ADP issue-52 185 3 динамики динамики PROPN issue-52 185 4 уровня уровня PROPN issue-52 185 5 экономической экономической NOUN issue-52 185 6 концентрации концентрации VERB issue-52 185 7 фондовых фондовых NOUN issue-52 185 8 бирж бирж NOUN issue-52 185 9 в в PROPN issue-52 185 10 украине украине PROPN issue-52 185 11 . . PUNCT issue-52 186 1 раскрыты раскрыты PROPN issue-52 186 2 и и PROPN issue-52 186 3 обоснованы обоснованы NOUN issue-52 186 4 особенности особенности PRON issue-52 186 5 конкуренции конкуренции VERB issue-52 186 6 между между ADJ issue-52 186 7 украинскими украинскими NOUN issue-52 186 8 биржами биржами PROPN issue-52 186 9 . . PUNCT issue-52 187 1 значительное значительное PROPN issue-52 187 2 внимание внимание PROPN issue-52 187 3 в в PROPN issue-52 187 4 исследовании исследовании PROPN issue-52 187 5 уделено уделено PROPN issue-52 187 6 существующим существующим PROPN issue-52 187 7 проблемам проблемам PROPN issue-52 187 8 и и PROPN issue-52 187 9 методическим методическим PROPN issue-52 187 10 подходам подходам PROPN issue-52 187 11 к к PROPN issue-52 187 12 идентификации идентификации PROPN issue-52 187 13 манипуляций манипуляций PROPN issue-52 187 14 с с PROPN issue-52 187 15 ценными ценными PROPN issue-52 187 16 бумагами бумагами PROPN issue-52 187 17 . . PUNCT issue-52 188 1 проведен проведен PROPN issue-52 188 2 анализ анализ PROPN issue-52 188 3 использования использования NOUN issue-52 188 4 украинскими украинскими NOUN issue-52 188 5 биржами биржами PROPN issue-52 188 6 методов методов VERB issue-52 188 7 выявления выявления VERB issue-52 188 8 сделок сделок NOUN issue-52 188 9 которые которые ADP issue-52 188 10 имеют имеют PROPN issue-52 188 11 признаки признаки X issue-52 188 12 манипулирования манипулирования NOUN issue-52 188 13 . . PUNCT issue-52 189 1 значение значение PROPN issue-52 189 2 / / SYM issue-52 189 3 оригинальность оригинальность NOUN issue-52 189 4 . . PUNCT issue-52 190 1 проведенное проведенное VERB issue-52 190 2 исследование исследование NOUN issue-52 190 3 носит носит NOUN issue-52 190 4 комплексный комплексный NOUN issue-52 190 5 характер характер NOUN issue-52 190 6 параметров параметров PROPN issue-52 190 7 влияющих влияющих NOUN issue-52 190 8 на на PROPN issue-52 190 9 функционирование функционирование PROPN issue-52 190 10 и и PROPN issue-52 190 11 развитие развитие ADJ issue-52 190 12 рынка рынка NOUN issue-52 190 13 ценных ценных NUM issue-52 190 14 бумаг бумаг PROPN issue-52 190 15 в в PROPN issue-52 190 16 украине украине PROPN issue-52 190 17 . . PROPN issue-52 190 18 установлено установлено PROPN issue-52 190 19 что что PROPN issue-52 190 20 основное основное PROPN issue-52 190 21 количество количество PROPN issue-52 190 22 торговых торговых PROPN issue-52 190 23 операций операций PROPN issue-52 190 24 с с PROPN issue-52 190 25 ценными ценными PROPN issue-52 190 26 бумагами бумагами X issue-52 190 27 на на PROPN issue-52 190 28 фондовом фондовом PROPN issue-52 190 29 рынке рынке NOUN issue-52 190 30 украины украины NOUN issue-52 190 31 осуществляется осуществляется NOUN issue-52 190 32 вне вне PROPN issue-52 190 33 фондовых фондовых VERB issue-52 190 34 бирж бирж NOUN issue-52 190 35 . . PUNCT issue-52 191 1 так так NOUN issue-52 191 2 , , PUNCT issue-52 191 3 регулирующие регулирующие VERB issue-52 191 4 органы органы PROPN issue-52 191 5 не не PROPN issue-52 191 6 могут могут PROPN issue-52 191 7 гарантировать гарантировать PROPN issue-52 191 8 безопасность безопасность PROPN issue-52 191 9 инвестиций инвестиций PROPN issue-52 191 10 , , PUNCT issue-52 191 11 которые которые ADP issue-52 191 12 могли могли PROPN issue-52 191 13 бы бы NUM issue-52 191 14 быть быть PROPN issue-52 191 15 направлены направлены PROPN issue-52 191 16 с с PROPN issue-52 191 17 помощью помощью NOUN issue-52 191 18 фондового фондового PROPN issue-52 191 19 рынка рынка PROPN issue-52 191 20 на на PROPN issue-52 191 21 развитие развитие ADJ issue-52 191 22 национальной национальной NOUN issue-52 191 23 экономики экономики NOUN issue-52 191 24 . . PUNCT issue-52 192 1 определение определение PROPN issue-52 192 2 манипулятивных манипулятивных PROPN issue-52 192 3 действий действий PROPN issue-52 192 4 является является PROPN issue-52 192 5 очень очень PROPN issue-52 192 6 важной важной PROPN issue-52 192 7 частью частью PROPN issue-52 192 8 биржевой биржевой VERB issue-52 192 9 деятельности деятельности PROPN issue-52 192 10 . . PUNCT issue-52 193 1 ее ее INTJ issue-52 193 2 цель цель NOUN issue-52 193 3 – – PUNCT issue-52 193 4 защита защита ADJ issue-52 193 5 всех всех NOUN issue-52 193 6 участников участников PROPN issue-52 193 7 торгов торгов VERB issue-52 193 8 от от PRON issue-52 193 9 заключения заключения NOUN issue-52 193 10 недобросовестных недобросовестных ADJ issue-52 193 11 сделок сделок NOUN issue-52 193 12 . . PUNCT issue-52 194 1 украинские украинские PROPN issue-52 194 2 биржи биржи PROPN issue-52 194 3 не не PROPN issue-52 194 4 используют используют NOUN issue-52 194 5 эффективные эффективные NOUN issue-52 194 6 методы методы PROPN issue-52 194 7 идентификации идентификации PROPN issue-52 194 8 манипуляций манипуляций PROPN issue-52 194 9 . . PUNCT issue-52 195 1 дальнейшие дальнейшие PROPN issue-52 195 2 исследования исследования PROPN issue-52 195 3 должны должны PROPN issue-52 195 4 быть быть NOUN issue-52 195 5 направлены направлены NOUN issue-52 195 6 на на PROPN issue-52 195 7 увеличение увеличение PROPN issue-52 195 8 доли доли PROPN issue-52 195 9 организованного организованного NOUN issue-52 195 10 фондового фондового NOUN issue-52 195 11 рынке рынке NOUN issue-52 195 12 в в PROPN issue-52 195 13 украине украине PROPN issue-52 195 14 что что PROPN issue-52 195 15 возможно возможно PROPN issue-52 195 16 при при NOUN issue-52 195 17 совершенствование совершенствование PROPN issue-52 195 18 методов методов PROPN issue-52 195 19 , , PUNCT issue-52 195 20 которые которые PROPN issue-52 195 21 обеспечивают обеспечивают PROPN issue-52 195 22 эффективную эффективную PROPN issue-52 195 23 реализацию реализацию PROPN issue-52 195 24 основных основных PROPN issue-52 195 25 принципов принципов PROPN issue-52 195 26 конкуренции конкуренции PROPN issue-52 195 27 и и PROPN issue-52 195 28 увеличивают увеличивают PROPN issue-52 195 29 прозрачность прозрачность PROPN issue-52 195 30 совершения совершения PROPN issue-52 195 31 сделок сделок PROPN issue-52 195 32 . . PUNCT issue-52 196 1 все все NOUN issue-52 197 1 это это PRON issue-52 197 2 крайне крайне NOUN issue-52 197 3 важно важно PROPN issue-52 197 4 для для PROPN issue-52 197 5 развития развития PROPN issue-52 197 6 рынка рынка PROPN issue-52 197 7 ценных ценных NUM issue-52 197 8 бумаг бумаг PROPN issue-52 197 9 в в PROPN issue-52 197 10 украине украине PROPN issue-52 197 11 и и PROPN issue-52 197 12 его его PROPN issue-52 197 13 дальнейшей дальнейшей PROPN issue-52 197 14 интеграции интеграции VERB issue-52 197 15 в в PROPN issue-52 197 16 европейскую европейскую VERB issue-52 197 17 финансовую финансовую ADV issue-52 197 18 систему систему NOUN issue-52 197 19 . . PUNCT