Importance The article focuses on the development of a methodology for the Russian stock market diversification in the current geopolitical environment. It analyzes in detail development trends in the world economy. Objectives The aim is to develop a conceptual outline of the Russian stock market diversification under the present-day geopolitical conditions. Methods The paper employs methods of statistical analysis, calculation, monographic survey, and logic modeling. Results The statistical analysis revealed a shift in the stock exchange activity towards the Asia-Pacific Region. We gave reasons for the importance of geopolitical risks in the global markets, including the oil price; created a structural and logical model of pricing factors in the global oil market; rationalized the significance for Russia to develop its stock market through entering the Asia-Pacific marketplace, primarily in China, and creating an International Financial Center in the Far East. Conclusions and Relevance We define the following priorities: to get rid of the dollar dependence and increase activity in the East; to establish an International Financial Center in the Far East (without giving up the idea of creating it in Moscow); to develop road maps of entrance to Asian markets; to create innovative financial instruments for dominant commodities (timber, grain, fish, etc.), taking into account their specifics.
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