International arbitration News, analytics and practice

Stock exchange arbitration

Arbitration as an alternate method of dispute settlement has long been recognized as convenient, efficient and less expensive than the traditional lawsuit in court. These benefits have always been a significant reason for the success of securities industry arbitration. In the USA and many European countries the arbitration is the primary means of resolving disputes in the securities market. The arbitration won that status because the public perception of its fairness was of paramount importance. The amendments to the Ukrainian legislation introduced in 2009 might help the Ukrainian local arbitration to find its niche as an alternative mechanism of dispute resolution in the industries where the benefits of the arbitration are of the essence, in particular, on the stock market.