Trading and Technology
The MSE is open for trading Monday through Friday from 11:00 am to 01:00 pm, with the exception of holidays declared by Mongolian Government. MSE divided its listed companies into A and B board to appropriately appraise and classify companies in order to increase liquidity and quality of listings.
Within the framework of "Master Service Agreement" experts from Millennium IT Software Limited, (a subsidiary of London Stock Exchange group) are currently installing Millennium IT integrated trading platform, which consists of Millennium Exchange, Millennium CSD, Millennium Surveillance and Millennium Depositary systems at the Mongolian Stock Exchange and Securities Clearing House and Central Depositary /SCHCD/. Millennium IT trading platform is cutting edge software, combined with high performance connectivity, provides the global trading community with innovative tools and access to liquidity in Mongolian capital market.
According to "MSE securities Index Calculation Rule", securities basket of MSE Top-20 index, the main indicator of the Mongolian stock market, is renewed every six months. It is calculated based on the market capitalization and average daily average trading value of the top 20 securities listed on the Mongolia Stock Exchange. See: MSE TOP-20 Index
Read more about this topic: Mongolian Stock Exchange
Famous quotes containing the words trading and/or technology:
“His farm was “grounds,” and not a farm at all;
His house among the local sheds and shanties
Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)
“One can prove or refute anything at all with words. Soon people will perfect language technology to such an extent that they’ll be proving with mathematical precision that twice two is seven.”
—Anton Pavlovich Chekhov (1860–1904)