Problems and prospects of development of the Russian stock market in modern conditions

The Russian stock market is an important tool for the redistribution of funds both for the state and for legal entities and individuals, as a result of which the Russian stock market is constantly improving with regard to innovative strategies of brokerage organizations and the creation of more effective measures both to stimulate and to restrain the actions of stock market participants. For the most part, innovations, incentives and deterrence are aimed precisely at overcoming the constant challenges to the country’s economy, in particular, in the development of the stock market. For stable growth in the long term, a lot of efforts are being made both by the state and individual legal entities, because the possibility of attracting investors through the stock exchange is considered the most transparent way to attract foreign capital to the country and accumulate residents’ funds. For 2021, the volume of direct and portfolio investments was the largest in the last 8 years, which also reflects the interest of attracted clients in the prospects of the Russian economy. However, the external economic circumstances of 2022 had such consequences as the withdrawal of most major investors from the Russian stock market and a decrease in trading volume by 2/3, which, in turn, was reflected in the dynamics of the underlying IMOEX index.