Mongolian Stock Exchange issues 2011 report
The Mongolian Stock Exchange (MSE) issued its 2011 report on Tuesday.
According to the report, MNT 236 billion in stock was traded on the MSE last year. The MSE also collected MNT 2 billion from selling government bonds.
The MSE has implemented a master service agreement with the London Stock Exchange to improve services and technology, and to train staff. In the framework of the agreement, the MSE is working to amend rules, implement new payment systems, and train staff in Ulaanbaatar and London.
MSE Director of International Relations Tomas Vertsinge noted that the capital market is being wholly changed, and banks will be soon involved in the new payment system.
According to the report, MNT 236 billion in stock was traded on the MSE last year. The MSE also collected MNT 2 billion from selling government bonds.
The MSE has implemented a master service agreement with the London Stock Exchange to improve services and technology, and to train staff. In the framework of the agreement, the MSE is working to amend rules, implement new payment systems, and train staff in Ulaanbaatar and London.
MSE Director of International Relations Tomas Vertsinge noted that the capital market is being wholly changed, and banks will be soon involved in the new payment system.
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