Concept of Goods in Exchange Trading Laws

Considering the tasks set by the government for the economy, the legal mechanisms for entering into contracts for the sale (supply) of goods on exchanges will continue evolving and improving, and the list of items that can be traded on exchanges will expand further. In order to create representative indicators and fair market prices for goods that are significant for the country (which cannot always be considered things), it seems reasonable to apply the concept of “goods” in a broader sense, including therein other objects of civil rights, other property, in addition to things, or even name specific property rights depending on which objects of civil rights the new “incorporeal” entities discussed above will be classified as in the Exchange Trading Law. An interesting question is that of listing on exchanges goods that are not things, but, as stated above, can also be traded on exchanges (carbon units, “green” certificates, and other similar objects). Considering the qualitative characteristics of such exchange-traded objects, one cannot speak of quality in the same sense as with things, nevertheless, the characteristics that objects may have in order to become exchange-traded commodities must be determined by the exchange establishing admission rules.