Modern development of the financial market in the era of innovation

The article analyzes modern development of the financial market and the influence of innovations on the expansion of the capabilities of financial institutions and other market participants in modern conditions. The innovative development of society has taken a special significance in recent years in the era of virtualization, Internetization and cloud technologies. Recently, new tools have appeared that provide the ability to conduct transactions and transactions with securities and currencies using mobile applications with a single click. The study, the separate conclusions on which are presented in this article, is devoted to the current problems and prospects for the development of the financial market in the era of innovation. The presented article shows the current state, problems and prospects for the development of innovations in the financial market.