The Mongolian Stock Exchange saw increased activity today with the number of Brokers participating in the trading increasing to 8. Market turnover stood at MNT 4,634,420

 

    The T+ 3 settlement cycle was successfully completed with Monday’s trades being settled by 12 noon today.  

 

     Brokers continue to work with the Clearing Banks to open their settlement account which is a pre requisite for trading under the new regulations. The new regulations are designed to meet the international standard of T+3 settlement and the Mongolian Stock exchange opted to comply with the International Standard in order to attract foreign investment and to improve market liquidity.

 

    We are confident that the measures adopted by the Exchange to develop the Mongolian Capital market are being well received and wish all of our members the very best.