NSSMC keeps working on adapting the exchange infrastructure to EU standards

The Ukrainian stock market is gradually transitioning to rules compatible with EU standards of organized trading. This is not about isolated technical adjustments, but rather a systematic update of market infrastructure with the aim of unifying regulatory approaches and establishing a common language with European institutions.

As part of this process, the NSSMC approved amendments to the rules governing the operation of a multilateral trading platform for derivative contracts of Fondova Birzha Perspektyva PrJSC and the specifications for foreign exchange swaps (Resolution No. 34/21/3428/K01 dated 19 December 2025).

The updates cover, in particular, terminology and approaches to the admission of financial instruments to trading and are aimed at bringing exchange rules into line with current Ukrainian legislation and EU practice.

Simultaneously, the Commission registered new rules for the functioning of organized markets for the Perspektyva and PFTS stock exchanges — separately for the regulated stock market and a stock multilateral trading facility. These rules replaced the general rules for exchanges and specify the requirements for organizing trading depending on the type of market. Rules for derivative contracts MTFs were also updated.

Together, these decisions form a coherent regulatory logic, under which trading rules become more precise, transparent, and understandable for market participants, and the Ukrainian exchange infrastructure becomes closer to the European model of organized markets.