Mongolian Stock Exchange revises price limit for block trades

Economy
Altanzul.E
e.altanzul@montsame.gov.mn
2017-12-26 17:30:56
Ulaanbaatar /MONTSAME/ The lower price limit for block trade is set to be 15 per cent from the previous day close, removing the upper price limit, reported the Mongolian Stock Exchange.

In compliance with the provision number 8.10.11 of 'Mongolian Stock Exchange' JSC Charter of Incorporation and the provision number 33.1 of the Mongolian Stock Exchange Trading Rules, the MSE CEO released order number A218 on December 25.

The changes have been made based on the suggestions from the market participants and they are reflected in the revised 'Trading Rules' approved by the MSE Board of Directors on 13 December 2017 that is pending approval by the Financial Regulatory Commission.
Source: Mongolian Stock Exchange
 
 
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