Functioning of new digital technologies on the international stock market

Authors

  • Olha Smahlo Candidate of Economic Sciences, Associate Professor, Associate Professor at the Department of Finance, Banking and Insurance Vinnytsia Educational and Scientific Institute of Economics of the WUNU https://orcid.org/0000-0002-5856-6053

DOI:

https://doi.org/10.5281/zenodo.14574990

Keywords:

financial technologies, stock market, exchanges, digital, digitalization, global stock market, cryptocurrency, trader, cybersecurity, blockchain

Abstract

The article examines the main factors contributing to the rapid development of financial technologies in the stock market in the world. The leading world experience in the functioning of the financial technology market is analyzed and key trends in the development of the stock market are identified, namely: a high global level of implementation of financial technologies on world exchanges, dynamic growth of investments in fintech, the most popular investment sectors are money transfers and payments, alternative lending, cybersecurity, blockchain and cryptocurrency, insurance technologies; stock exchanges.

Purpose. Consists in identifying innovative technologies used in stock markets and substantiating the objective need to study their impact on the transformation of the global financial environment.

Results.The current state of financial technologies in the stock market is investigated and the reasons that hinder its development are clarified, their impact on the specific features of its functioning is proven. The main factors of the influence of the functioning of financial technologies on the world stock market are presented. The main features of the functioning of the world stock market are highlighted. A number of current drivers of the digitalization of stock markets are indicated. Separate trends in the digitalization of the world stock market are identified. The key directions of digital technology implementation in the global stock market are described. Looking ahead, the future of stock trading promises continued innovation and disruption, fueled by advances in technology. Emerging technologies such as quantum computing, decentralized finance (DeFi), and predictive analytics have the potential to transform market dynamics, trading strategies, and investment opportunities. As markets become increasingly interconnected and digitized, the role of technology in the brokerage sector will evolve, creating both opportunities and challenges for investors, regulators, and industry stakeholders.

Conclusions. The convergence of finance and technology will usher in a new era of algorithmic trading, artificial intelligence, and decentralized finance, shaping the trajectory of global financial markets in the 21st century and beyond. FinTech is set to significantly shape the future of the stock market by increasing efficiency, transparency, and inclusion.

Published

2024-12-29

How to Cite

Smahlo, O. (2024). Functioning of new digital technologies on the international stock market. Current Issues of Economic Sciences, (6). https://doi.org/10.5281/zenodo.14574990

Issue

Section

Finance, banking, insurance and stock market