The founder and CEO of the investment REIT company Inzhur, Andriy Zhurzhiy, announced the creation of the new Ukrainian Stock Exchange Inzhur. The team is currently preparing a package of documents to obtain a license from the National Securities and Stock Market Commission (NSSMC), which will allow the exchange to start operating.
According to Zhurzhiy, despite the long-standing presence of stock exchanges in Ukraine, none of them has become a full-fledged tool for attracting capital for businesses. Currently, more than 90% of transactions on the market are in domestic government bonds, which, in his opinion, does not create added value for the economy.
The entrepreneur is convinced that Ukraine needs a liquid stock exchange that will allow Ukrainian companies and private investors to realize their potential within the country. This is exactly the platform that Inzhur plans to create as a new leader in the investment market.
“Registration of the company is just the beginning. Next comes many months of painstaking work to prepare documents for obtaining the appropriate license from the National Securities and Markets Commission: we have already hired legal advisors. The team is carefully analyzing and resolving issues of software, liquidity, and many others so that in the near future our product can truly become the first choice for Ukrainian companies and investors,” the entrepreneur explained.
Let us recall that in January of this year, the oldest Ukrainian stock exchange, PFTS, retained its license. “PFTS Stock Exchange” fulfilled the terms of the Agreement with the National Securities Commission, which allowed it to resolve the consequences of the offense and preserve the right to operate.
