Mongolian Stock Exchange is co-organized an open discussion under the theme “Effect of capital market expansion on the Mongolian economy” with Mongolian Association of Securities and Dealers Association and economic journalists’ “Reformatory” club in order to improve market transparency and strengthen between the market participants.
The discussions on 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 Mongolian Stock Exchange, Mongolian Central Securities Depository, Mongolian Securities Clearing House, Mongolian Association of Securities Dealers and the “Reformatory” Club of economic journalists.
During the discussion, the parties underlined that it needs to urgently introduce T+2 settlement system, attract domestic institutional investors to the market, provide public with securities 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.