The Mongolian Stock Exchange JSC, within the framework of its “Special Program to Enhance Capital Market Liquidity,” has officially registered Tenger Capital LLC as a market maker and entered into a cooperation agreement today (June 12, 2026).

The agreement was signed by Mr. D. Munkhbat, Acting Chief Executive Officer of the Mongolian Stock Exchange, and Mr. N. Gombdorj, Chief Executive Officer of Tenger Capital LLC.

A market maker plays a vital role in securities trading by continuously placing buy and sell quotations, thereby improving order execution, enhancing market liquidity, and ensuring fair and transparent price discovery. The inclusion of Tenger Capital LLC in the program marks an important step toward expanding the market maker system.

During the event, Mr. D. Munkhbat emphasized:

“At the beginning of 2026, the Mongolian Stock Exchange revised the ‘Market Maker Regulation’ and implemented several policy measures under the updated framework. For example:
• Trading fees for registered market makers have been waived until 2029;
• Market makers are provided with trading data free of charge.
As a result of these policy measures, securities companies continue to enter into market maker agreements with the Mongolian Stock Exchange.”

The “Special Program to Enhance Capital Market Liquidity” implemented by the Mongolian Stock Exchange includes comprehensive measures such as developing the market maker framework, establishing securities lending and borrowing mechanisms, reducing trading costs, introducing new products, indices and services, and improving data transparency and accessibility.

Going forward, the Exchange will continue to collaborate with market participants to implement phased policy reforms aimed at enhancing liquidity and developing a more active, transparent, and investor-friendly capital market in Mongolia.

MONGOLIAN STOCK EXCHANGE