main open market operations associated with the implementation of the state monetary policy, one of the tools which are securities.The foundation of this policy constitute the central bank operations related to the sale of securities of the state to influence the currency market.
Open market operations are designed to regulate supply and demand for securities is of national importance, call the appropriate positive reaction, and commercial banks.In the implementation of the Central Bank of the sale of the "goods" to commercial banks is automatically limited credit expansion last, there is a decrease in the money supply and, thereby, increases the rate of the ruble.
From economic history can see that the concept of "open market operations" was used with the 20-ies in the United States.Already at that time, the above operations of the Central Bank is in America are widely used due to the large proportion of the economy of the relevant market.
open market policy is the instrument of a flexible and rapid impact, as the Central Bank with the help offered high interest rates on sales and purchases of the Central Bank is actively working on the commercial banks and the value of their liquid assets, as well as manages the emission credit.
purchased on the open market securities, it significantly increases the reserves of commercial banks and there is a growth in the money supply.It is this mechanism operates effectively during the economic crisis.
Open market operations are also presented, and trade stocks, is the process of transfer of ownership of these securities on certain trading venues, as well as through the Internet.During the initial public offering (issue) of the enterprise owners can get additional funds for its activities.Secondary turnover only allows you to change the shareholders, but the company does not bring direct revenue.With stock quotes, you can determine the true value of a business entity.When taking decision on the expansion of the activities of the enterprise (its consolidation) can be carried out additional issue of shares.
very popular today is buying and selling shares on the stock exchange by means of Internet technologies.The name of such operations - Internet trading.The actual procedure of the specified operation on the open market is much easier than on a normal market.The only thing you need - is the presence of special software and, of course, a computer connected to the Internet.
Even among species of open market operations can be identified futures transactions that involve the transfer of the rights, obligations for the supply, purchase goods in the market.Unlike trading on the usual (real) commodity futures negotiated only with the right product, ieIn fact, its transmission and reception is not performed.
futures contract is the subject of a paper transaction.This document defines both rights and duties on the transfer or receipt of goods.It may also contain information on the procedure of the transfer or receipt.A futures contract can not refer to the securities.Another feature is the impossibility of its cancellation for a reason.It can be eliminated only if the supply of goods as provided for by the contract terms or if the opposite conclusion of the transaction carried out with the same amount of goods.
