LSE to Reform Mongolian Stock Exchange
The London Stock Exchange Group has inked a master services agreement with the Mongolian State Property Committee to modernize the Mongolian Stock Exchange (MSE).
At present, only two hours of trading takes place each day on the exchange, which is located in a former children's cinema in Mongolia's capital Ulan Bator.
The MSE petitioned a number of global exchanges, including Nasdaq OMX, to tender a proposal for the modernization of the MSE but it was the LSE that was given the go-ahead.
The LSE
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