The stock exchange regulations revised www.montsame.mn
Ulaanbaatar /MONTSAME/ The Financial Regulatory Commission has approved the revised version of the ‘Regulation on Security registration’, ‘Regulation on Security index calculation’ and the ‘Trading Regulation’ of the ‘Mongolian Stock Exchange’, State-owned joint stock company.
The revised Regulation on Security registration has improved the regulation of double registration of securities and made registration process accord with the international common practice. It is notable that major reforms have been made n the Regulation on Security index calculation including detailed regulation of the index calculator and classification index calculation.
The Securities trading regulation has amendments such as defining closing price at the weighted average trading over the last one-hour to make the closing price more realistic.
The revised and amended regulations will be effective from February 19.