Ulaanbaatar
Open discussion held at Mongolian Stock Exchange
Economy
Ulaanbaatar /MONTSAME/ The Mongolian Stock Exchange (MSE) organized on March 20 an open discussion under the theme "Effect of capital market expansion on the economy" in cooperation with the Mongolian Association of Securities and Dealers and "Uurchlugch" club of economic journalists in order to improve market transparency and strenghten interactions between the market players.
The discussions on the current issues and challenges of domestic capital market, development policy and solutions and participation of self-regulatory organizations and professional organizations in the market were taken place between MSE, Mongolian Securities Clearing House, Mongolian Central Securities Depository, Mongolian Association of Securities Dealers and the "Uurchlugch" Club.
During the discussion, the parties underlined that it needs to urgently introduce T+2 settlement system, attract domestic institutional investors to the market, improve public knowledge and understanding of long term investments and support securities issuers through tax incentives for the further development of the capital market and agreed to work together to resolve these issues.
Source: MONGOLIAN STOCK EXCHANGE
