International Electronic Journal of Mathematics Education

Modernization of Securities Market in Kazakhstan
  • Article Type: Research Article
  • International Electronic Journal of Mathematics Education, 2016 - Volume 11 Issue 7, pp. 2047-2056
  • Published Online: 01 Sep 2016
  • Article Views: 534 | Article Download: 927
  • Open Access Full Text (PDF)
AMA 10th edition
In-text citation: (1), (2), (3), etc.
Reference: Omarkhanova ZM, Esbergenova LR, Makisheva ZA, Kishibekova GK. Modernization of Securities Market in Kazakhstan. Int Elect J Math Ed. 2016;11(7), 2047-2056.
APA 6th edition
In-text citation: (Omarkhanova et al., 2016)
Reference: Omarkhanova, Z. M., Esbergenova, L. R., Makisheva, Z. A., & Kishibekova, G. K. (2016). Modernization of Securities Market in Kazakhstan. International Electronic Journal of Mathematics Education, 11(7), 2047-2056.
Chicago
In-text citation: (Omarkhanova et al., 2016)
Reference: Omarkhanova, Zhibek M., Lyazzat R. Esbergenova, Zhanna A. Makisheva, and Galia K. Kishibekova. "Modernization of Securities Market in Kazakhstan". International Electronic Journal of Mathematics Education 2016 11 no. 7 (2016): 2047-2056.
Harvard
In-text citation: (Omarkhanova et al., 2016)
Reference: Omarkhanova, Z. M., Esbergenova, L. R., Makisheva, Z. A., and Kishibekova, G. K. (2016). Modernization of Securities Market in Kazakhstan. International Electronic Journal of Mathematics Education, 11(7), pp. 2047-2056.
MLA
In-text citation: (Omarkhanova et al., 2016)
Reference: Omarkhanova, Zhibek M. et al. "Modernization of Securities Market in Kazakhstan". International Electronic Journal of Mathematics Education, vol. 11, no. 7, 2016, pp. 2047-2056.
Vancouver
In-text citation: (1), (2), (3), etc.
Reference: Omarkhanova ZM, Esbergenova LR, Makisheva ZA, Kishibekova GK. Modernization of Securities Market in Kazakhstan. Int Elect J Math Ed. 2016;11(7):2047-56.

Abstract

The purpose of this research is to study the Kazakh securities market and to consider technologies that could theoretically improve securities market of Kazakhstan. Securities market is an indispensable tool of economic development, purchase and sale of securities. The problem is that in the post-Soviet countries, including Kazakhstan, securities market is characterized by low credibility and outdated technologies. Research methodology is based on economic theory, banking, risk theory and economic security. The authors used several general scientific methods - analysis and synthesis, the ascent from the abstract to the concrete. In addition, the paper was also based on economic and statistical methods, methods of abstract-logical reasoning. Research findings testify to the fact that improvement of the Kazakh securities market demands creation of a wide range of companies, professional managers of commercial real estate, technological and functional improvement of market infrastructure, introduction of new market participants; new types and forms of securities; globalization and availability of any securities market for investors. Moreover, the Kazakh securities market required computerization based on the latest computer technologies and their permanent and synchronous update with the view of providing efficient and reliable innovation.

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License

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.