gogo logo
  • Монгол
  • Yolo
  • Maamuu
  • Politics
  • Economy
  • Society
  • Life
  • Interview
  • Culture
  • TRAVEL
  • Ulaanbaatar
  • Media OutReach
Helpful
Interview
  • - Interview
Interesting
Other
Монгол
Maamuu
Yolo
Main menu
Politics
Economy
Society
Life
Interview
Culture
TRAVEL
Ulaanbaatar
Media OutReach
Helpful
Interview
Interview
Interesting
Other menu
Монгол
Maamuu
Yolo
Contact us
Editorial ethics
Home
Search
Menu
  Facebook   Twitter
  Menu
Home
/ Хөрөнгө оруулалт
Investment

Mongolian Securities Exchange officially begins trading

  Facebook   Tweet
  Facebook  Tweet

Mongolian Securities Exchange officially begins trading

The Financial Regulatory Committee (FRC) announced that the first private exchange on the Mongolian Securities Exchange (MSX) took place on December 4, marking the beginning of official primary market trading.

The FRC gave the MSX a special grant in 2015 to enhance its capacity for payment clearance and settlement for entities. The FRC registered 78.1 million shares, valued at 1.0 MNT per share, for securities registration and allowed the MSX to offer 66 percent of the shares for an IPO.

The first trade on the MSX was expected to generate 1.6 billion MNT in financing, but exceeded the projection by 186 percent. The MSX began secondary market trading on November 10, 2017.

The Financial Regulatory Committee (FRC) announced that the first private exchange on the Mongolian Securities Exchange (MSX) took place on December 4, marking the beginning of official primary market trading.

The FRC gave the MSX a special grant in 2015 to enhance its capacity for payment clearance and settlement for entities. The FRC registered 78.1 million shares, valued at 1.0 MNT per share, for securities registration and allowed the MSX to offer 66 percent of the shares for an IPO.

The first trade on the MSX was expected to generate 1.6 billion MNT in financing, but exceeded the projection by 186 percent. The MSX began secondary market trading on November 10, 2017.

  Facebook   Tweet
Category
Investment
Published
2017-12-06


gogo logo
Contact us Editorial ethics

© 2007 - 2025 Mongol Content LLC