scholarly journals Securities Market Conditions: the Phenomenon of the Influence of Private Investors by Means of Social Networks

2021 ◽  
Vol 12 (3) ◽  
Author(s):  
Natalya Zvyagintseva ◽  
Ksenia Ovchinnikova
Keyword(s):  
Social Networks ◽  
Stock Market ◽  
Scientific Literature ◽  
Investment Decisions ◽  
Securities Market ◽  
The Internet ◽  
Market Manipulation ◽  
Retail Investors ◽  
Modern Economic ◽  
Private Investors

The key trend in the development of the securities market in 2020–2021 was a record inflow of retail investors. At the same time, the increasing number of private investors on the stock market is accompanied by their active use of social networks. The development of social networks enables private investors to establish communication with each other, pool capital and develop common strategies, which ultimately increase the influence of individuals on the stock market dynamics. A review of modern economic scientific literature has shown insufficient coverage of the issue of social networks impact on the securities market. In this connection, the authors made an attempt to investigate such precedents to systematize them. The article presents the dynamics of the number of private investors and their share in trading turnover, gives reasons for the expansion of retail investors presence on the securities market, considers statistics demonstrating the breadth of the Internet and social networks penetration into various spheres of citizens' life. Cases of market manipulation through the actions of private investors in social networks were analyzed and summarized, as well as government regulators’ reaction to such actions was revealed. A number of risks associated with social networks influence on investment decisions by private investors are identified and recommendations for their protection and leveling the negative background of social networks are proposed.

scholarly journals Awareness Level of Retail Investors on Stock Market in Chennai City

2020 ◽  
Vol 8 (4S5) ◽  
pp. 14-16
Keyword(s):  
Stock Market ◽  
Investment Decisions ◽  
Mean Value ◽  
The Past ◽  
Retail Investors ◽  
Retail Investor ◽  
Stock Market Investors ◽  
Chennai City ◽  
Investment Patterns ◽  
Structured Questionnaire

The globalization of monetary markets has been increasing the dimensions of retail investor community over the past three decades by providing a good sort of market and investment options. Hence, it makes their investment decisions process more complex. The present study aims to study the awareness of investors on stock market. The data were collected from 100 retail stock market investors of Chennai using structured questionnaire. The analysis is made using percentage and mean value. The study proves that post graduate, professional, high income level investors are aware of investment patterns through friends, neighbors and they yield a good income. The study also reveals that the retail investors are even aware of the fundamental and technical analysis of investment, which helps them for a better and wise investment.

Criminal-legal Mechanism of Counteraction of Insider Activity in the Stock Market

2019 ◽  
Vol 10 (3) ◽  
pp. 842
Author(s):  
K.A. MALYSHENKO ◽  
V.A. MALYSHENKO ◽  
E.S. BEKIROVA ◽  
S.N. BEKIROV ◽  
S.V. ARKHIPOVA ◽  
...  
Keyword(s):  
Stock Market ◽  
Criminal Law ◽  
Criminal Liability ◽  
Securities Market ◽  
Market Manipulation ◽  
Insider Information ◽  
Legal Method ◽  
Wide Range ◽  
The World ◽  
Law Regulation

Protecting the rights of stock market participants in the modern world is an important aspect of its functioning, ensuring the security of investments of participants and their property status. The misuse of insider information with the aim of obtaining certain benefits, and market manipulation are some of the most ambitious crimes that violate the rights of a wide range of people, and a direct threat to their material well-being. Insider trading involves trading transactions with securities, which is carried out by private individuals, holding information about the Issuer of the financial asset. In this work, we use methods of legal statistics that allow us to obtain quantitative data on the application of liability for violations of anti-insider Russian legislation. In addition, a comparative legal method is used to comparatively characterize measures to combat insider activity in the world. The purpose of the research is to identify the shortcomings of the modern criminal law mechanism for countering insider activity in the Russian securities market and develop measures to improve its effectiveness. The criminal law regulation of insider information in the world and domestic experience are analyzed. As a result of the study, a number of shortcomings inherent in this mechanism were identified. Thus, the study of foreign practice has shown that the existing measures in Russia to combat insiders in the securities market are not effective. This is due to many factors, the main of which are the imperfection of the legal framework, the lack of practical application of criminal penalties, their low effectiveness, the lack of specific penalties, etc. The article highlights the problems of administrative and criminal liability for market manipulation and illegal use of insider information. The article analyzes the criminal law regulation of mitigating liability for insider information in the world and domestic experience.Based on the analysis and comparison of Russian and international practices in the fight against insiders, conclusions are drawn about the need to adjust the domestic monitoring mechanism and improve criminal law methods to ensure its functioning.The article actualizes the problems of administrative and criminal liability for the manipulation of the market and the misuse of insider information.

scholarly journals Evolution of Professional Participants in Russian Securities Market

2019 ◽  
Vol 29 (3) ◽  
pp. 416-424
Author(s):  
Irina Alekseeva ◽  
Ksenia Ovchinnikova
Keyword(s):  
Stock Market ◽  
Financial Market ◽  
Public Involvement ◽  
Scientific Literature ◽  
Regulatory Framework ◽  
Securities Market ◽  
Sharp Decline ◽  
Investment Activity ◽  
Market Participants ◽  
Domestic Stock

The securities market is one of the most important segments of the financial market of any state. The development of the Russian securities market can be judged on the basis of the development of its participants, their evolution. An analysis of today’s economic scientific literature shows an insufficient coverage of the evolution of professional participants in the domestic stock market. The article considers the changes in the composition of professional participants of the securities market, analyzes the regulatory framework that have given rise to these changes. It brings forth the reasons for the changes and expectations of financial market participants from the changes, presents the dynamics of the number of over the period of 2008–2018. The article reveals a sharp decline in the number of professional participants, determines the causes of this trend. It places an emphasis on the significance of including the investment advisors in the ranks of professional participants of the securities market in order to increase public involvement in the investment activity.

Investors' Grievances in India: Role of SEBI

2016 ◽  
Vol 3 (1) ◽  
Author(s):  
J. Deepa ◽  
Jasmindeep Kaur
Keyword(s):  
Success Rate ◽  
Securities Market ◽  
Market Manipulation ◽  
Retail Investors ◽  
Set Up ◽  
Market Intermediaries

Investors’ participation is essential for the development of securities market, which can be done by providing them adequate protection. Investors’ protection means protection of interest of investors from malpractices of various market intermediaries. SEBI was set up in 1992 to protect the interest of investors. For the growth of securities market it is necessary to build the confidence of retail investors in securities market, which can be done by timely redressing of complaints/grievances of investors. So in this paper, an attempt has been made to check the process of grievances redressal mechanism for investors and to check the performance of SEBI in redressing the grievances of investors over the period 2004-05 to 2013-14. The findings indicate that maximum investigations taken up and completed by SEBI were related to Market Manipulation and price rigging, success rate of investigation cases completed varies between 25.47 per cent and 60.36 per cent.

Investors' preferences and the factors affecting investment in the Indian stock market: an industry view

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Bhaskar Chhimwal ◽  
Varadraj Bapat ◽  
Sarthak Gaurav
Keyword(s):  
Stock Market ◽  
Random Effect ◽  
Investment Decisions ◽  
Macroeconomic Factors ◽  
Content Type ◽  
Factors Affecting ◽  
Large Numbers ◽  
Retail Investors ◽  
Service Oriented ◽  
Indian Stock Market

PurposeThe authors examine the industrywise investment preferences of foreign portfolio investors (FPIs), domestic institutional investors (DIIs) and retail investors in the Indian context. They also investigate the factors influencing their preferences.Design/methodology/approachUsing the quarterly shareholdings and returns data of the Indian market from March 31, 2009 to March 31, 2018, the authors employ analysis of variance to study investors' preferences and a random effect panel data model to examine the factors that influence these preferences.FindingsFPIs hold proportionally more stocks in service-oriented industries and large-cap firms, DIIs hold proportionally large numbers of shares in paper industries and retail investors hold proportionally more shares in chemicals and textiles. FPIs prefer stocks with a high export-to-sales ratio and firms registered on a foreign stock market. Domestic investors, especially retail investors, prefer small-cap stocks and firms whose operations require local knowledge. In addition, industry heterogeneity determines investment decisions. Firm-specific and macroeconomic factors that influence investment decisions differ across industries. Finally, government policies and reforms also play a key role in attracting investors.Practical implicationsPolicymakers can identify the key variables that influence investment, which can help direct and regulate investment in India and similar emerging markets.Originality/valueThis study fills a research gap by addressing how industry-level heterogeneity affects investors' preferences in terms of the industrywise preferences of different types of investors and the factors that influence their preferences.

EVALUATION OF THE LATVIAN STOCK MARKET AS AN INVESTMENT OBJECT

2019 ◽  
Vol 6 ◽  
pp. 615
Author(s):  
Inta Kotane
Keyword(s):  
Stock Market ◽  
Western Europe ◽  
Stock Exchange ◽  
Graphical Analysis ◽  
Securities Market ◽  
Analysis And Synthesis ◽  
Research Findings ◽  
Concise Information ◽  
Investment Object ◽  
Private Investors

Development of the securities market in Latvia compared with the countries of Western Europe, Scandinavia, and North America has started much later and has been slow; therefore, the interest of individuals and companies to actively participate in the capital market can be assessed as low. The stock market that is considered as one of the types of the securities market is an unstructured environment where every investor has to decide on how to invest. The potential investor interested in stocks as an investment object can buy shares of the companies and potentially earn money despite the fact that investments in stocks are considered as a very high-risk investment. The research aim: to evaluate the Latvian stock market as one of the investment objects. The scope of the research determines the topics covered: investment opportunities in the stocks of the regulated Latvian stock exchange. The research findings point out that the performance of the Nasdaq Riga stock exchange despite its relatively small number of the issuers of shares is effective. The author concludes that use of the investment accounts is not sufficiently promoted for private individuals, consequently, the culture of savings lags behind in Latvia. In order to educate the private investors and promote decision-making on the purchase of shares, it would be advisable for the Nasdaq Riga to provide the investors with concise information on the shares of the companies and their characteristics. The quantitative and qualitative methods of economics research, including the method of comparative analysis and synthesis, as well as statistical and graphical analysis methods are used in the research. 

Menschen zu sein...

2021 ◽  
Vol 66 (4) ◽  
pp. 533-557
Author(s):  
Aleksander Kiklewicz ◽  
Julia Mazurkiewicz-Sułkowska ◽  
Helena Pociechina
Keyword(s):  
Social Networks ◽  
Presidential Election ◽  
Scientific Literature ◽  
The Internet ◽  
Social Discourse ◽  
Cultural Characteristics ◽  
Distinctive Features ◽  
Protest Movement ◽  
The Social

Summary This essay focuses on the sociocultural and semiotic aspects of the discourse of protests sparked by the rigged presidential election in Belarus, in August 2020. The mass demonstrations, using symbolic items (such as posters, slogans, exclamation marks, performances, posts in the social networks on the Internet, etc.) have been analyzed as a type of social discourse. The focus is on the peculiarity and the most distinctive features of the protest movement in Belarus. In particular, the following socio-political and cultural characteristics of Belarusian protest discourses are considered: 1) rejecting stereotypes (especially the tolerance stereotype, blr. pamjarkoŭnas’c’); 2) Belarusian protest tradition; 3) historical and geopolitical factors of the Belarusian protest movement; 4) the discursive systems; 5) the carnival. The emphasis is on linguistic forms of creativity, especially the protest slogans. In addition, the extensive scientific literature addressing such discourses is discussed.

A qualitative inquiry into the investment decision behaviour of the Malaysian stock market investors

2016 ◽  
Vol 8 (3) ◽  
pp. 246-267 ◽  
Author(s):  
Haruna Babatunde Jaiyeoba ◽  
Razali Haron
Keyword(s):  
Stock Market ◽  
Information Seeking ◽  
Investment Decision ◽  
Investment Decisions ◽  
Qualitative Inquiry ◽  
Structured Interviews ◽  
Content Type ◽  
Investment Decision Making ◽  
Retail Investors ◽  
Stock Market Investors

Purpose The main purpose of this study was to examine the investment decision behaviour of retail investors in Malaysia. Design/methodology/approach The study adopted semi-structured interviews to solicit an understanding of six retail investors on investment decision behaviour in Malaysia. Content analysis technique was used to analyse the data and verbatim texts were applied in discussing the emergent themes. Findings The findings indicate that retail investors in Malaysia are patriotic in nature, and their investment decisions are based on feeling of comfort or convention rather than quantitative analysis. They rely so much on their findings rather than third party’s views for making investment decisions. They were influenced by the psychological biases because they herd on the information. Challenges are solved through experience, and they believe that proper understanding of the financial and economic settings of the country can enhance better investment decision-making. Research limitations/implications A more detailed investigation on the investors’ behaviour with more samples may expand our understanding of this issue. Future studies need to examine the investment decision behaviour with more samples. Practical implications First, it will prepare hit and run investors to be more ready to remain in the market and improve their skills on how to make sound investment decisions. Second, it helps the investors to know that knowledge of traditional finance theory is not sufficient to excel in stock market, and, hence, they need to know more about behavioural finance. Third, investors are exposed to various reasons as to why investment decisions deviate from expected and different means of solving the challenges faced in making investment decision within the Malaysian context. Fourth, investors are reminded that understanding the financial settings before investing is essential. Finally, policy makers in stock market are able to understand the retail investors’ behaviour. Originality/value This study examines the experience and prospect to remain as stock market investors, their priorities in selecting the right company for investment purposes, the kind of information seeking from third parties, the challenges faced by them and other important considerations in investment decisions. These have never been examined together in this way in investigation of retail investors’ investment behaviour.

FUNCTIONING OF THE EXCHANGE MARKET UNDER THE INFLUENCE OF THE DIGITALIZATION OF THE ECONOMY

2020 ◽  
Vol 2 (11) ◽  
pp. 96-101
Author(s):  
B. А. DEMILKHANOVA ◽  
Keyword(s):  
Stock Market ◽  
Financial Stability ◽  
Technological Development ◽  
Digital Technologies ◽  
Securities Market ◽  
Exchange Market ◽  
Large Circle ◽  
Secondary Markets ◽  
Leading Role ◽  
International Stock Markets

In the article, from the standpoint of reasons and necessity, the qualitative and quantitative characteristics of the key trends in the development of the stock market in Russia are disclosed. The leading role is assigned to the processes of computerization of the exchange market: the introduction and use of digital technologies that ensure the financial stability of the financial market as a whole, its security and transparency, as well as access of a large circle of investors to banking and financial operations, and the protection of their interests. It has been established that the processes of introducing and using digital technologies, organically built into the mechanism of the functioning of the securities market as a whole, determine the directions of development of such trends as innovations, diversification of stock market instruments, securitization, integration with international stock markets, etc. key trends influenced by the technological development of the stock market, lead to blurring the boundaries between the primary and secondary markets.

Sign in / Sign up

Export Citation Format

Share Document