THE ROLE OF EXCHANGE TRADING IN ENSURING TRANSPARENCY OF INDUSTRY PRICING MECHANISMS

Background. Commodity exchanges play an important role in the development of the country's economy. They provide an opportunity to determine the market capacity and competition conditions, exchange information and contribute to optimal pricing. Prices set on the exchange serve as a benchmark for other markets. The article reveals the role of ex change trading in crushed stone as prospects for the development of the construction materi als market. The purpose of the study is to investigate the need to organize exchange trades of building materials in order to form a transparent pricing system and increase tax collection in the budget. Materials and methods. The analysis of pricing for a number of building ma terials positions was conducted and the need for developing exchange trades as a source of information for regulation by the state, in particular tax authorities, was identified. General scientific research methods were used in the study: induction, analysis and generalization of data. Results. A classification of a potential exchange commodity – crushed stone – has been carried out, which will help buyers choose the right grade depending on its purpose. The adopted classification, reflecting the properties and purpose of crushed stone, will not only promote the transparency of transactions, but will also prevent tax evasion. Conclusions. The development of exchange trading as a single center for pricing in the construction materials market will create many conveniences for market participants and for the state.