LSE signs strategic partnership with Mongolian Stock Exchange

London Stock Exchange Group ("LSEG") and the Mongolian State Property Committee ("SPC") today announce that they have signed an exclusive Strategic Partnership Agreement to restructure and develop the Mongolian Stock Exchange ("MSE").

Speaking ahead of an event marking the twentieth anniversary of the MSE today, Xavier Rolet, Chief Executive of LSEG, said:

"We are thrilled to have been chosen to partner with the Mongolian Stock Exchange as it enters a new and exciting period in its development. Mongolia is predicted to become one of the world's fastest growing economies and we are delighted to be providing our extensive expertise and assistance at this critical time. The London Stock Exchange Group is very much looking forward to working with business, government and the people of Mongolia in the growth and privatisation of its significant capital markets."

Mr. D. Sugar, Chairman of the Mongolian State Property Committee, which owns the MSE, said:

"We are very excited to have London Stock Exchange Group as a partner in the modernisation and development of the MSE. Its global and technological expertise will be invaluable to the creation of a new capital markets infrastructure worthy of Mongolia's increasing significance on the world stage."

Under the agreement LSEG will collaborate with the SPC in a number of areas, including:

* LSEG will appoint a management team at the MSE to oversee its development and privatisation;

* LSEG's MillenniumIT, the leading global exchange technology provider, will provide trading and surveillance infrastructure to the MSE;

* Using the LSEGAcademy, both parties will conduct a comprehensive training programme on capital markets infrastructure and legislative framework for MSE officers, clients and officers of the Mongolia Financial Regulatory Commission;

* LSEG will advise the SPC on the modernisation of market rules, procedures, structure and operation at the MSE;

* LSEG will provide assistance in the broadening of tradable asset classes at the MSE, to derivatives and ETFs; and

* LSEG will work to implement an international standard Mongolian market index.

Source:State Property Committee of Mongolia
Share:

6 comments:

  1. I appreciate your post. I also wrote that SMS advertising provides a cost effective method of targeting promotions to specific customer profiles. You might want to remind customers of specific events or promotions, but for whatever reasons, SMS allows you to pass information directly to the right customer at very affordable prices and fast delivery.
    Stock Tips

    ReplyDelete
  2. very good post, i was really searching for this topic as i wanted this topic to understand completely and it is also very rare in internet that is why it was very difficult to understand. thank you for sharing this.

    Regard

    Share Market

    ReplyDelete
  3. I positively venerate celebration of a mass your blog posts, a accumulation of essay is smashing.This blog as common was educational, we have had to bookmark your site as well as allow to your feed in ifeed. Your thesis looks lovely.Thanks for sharing.
    Regards
    share tips

    ReplyDelete
  4. It was a awe-inspiring post and it has a significant meaning and thanks for sharing the information.Would love to read your next post too......

    Thanks

    Regards:

    Commodity Market

    ReplyDelete
  5. very good post, i was really searching for this topic as i wanted this topic to understand completely and it is also very rare in internet that is why it was very difficult to understand

    thank you for sharing this.

    Regard

    Stock Market

    ReplyDelete
  6. Hey, very nice site. I came across this on Google, and I am stoked that I did. I will definately be coming back here more often. Wish I could add to the conversation and bring a bit more to the table,but am just taking in as much info as I can at the moment.

    Thank You
    trade4target.com

    ReplyDelete

Facebook page

Powered by Blogger.

Categories

Advertising in Mongolia An Culture Editorial of the Mongolianviews education Environmental protection Famous Mongolians Foreigners in Mongolia Inner Mongolia Ivanhoe Mines Mongolia agriculture Mongolia analysis Mongolia and Australia Mongolia and Belorussia Mongolia and Cambodia Mongolia and Canada Mongolia and central Asia Mongolia and China Mongolia and Cuba Mongolia and EU Mongolia and Germany Mongolia and Hongkong Mongolia and Hungary Mongolia and India Mongolia and Inner Mongolia Mongolia and Iran Mongolia and Italy Mongolia and Japan Mongolia and Kazakhstan Mongolia and Korea Mongolia and Kuwait Mongolia and Malaysia Mongolia and Nato Mongolia and North Korean Mongolia and Poland Mongolia and Russia Mongolia and Singapore Mongolia and South Korea Mongolia and Taiwan Mongolia and the world Mongolia and Tibet Mongolia and Turkey Mongolia and UK Mongolia and Ukraine Mongolia and UN Mongolia and USA Mongolia and Vietnam Mongolia Banking Mongolia civic society Mongolia crime Mongolia diplomacy Mongolia Economy Mongolia Education Mongolia Energy Mongolia Finance Mongolia Health Mongolia History Mongolia holiday Mongolia in international media Mongolia Industries Mongolia Joke Mongolia law Mongolia LGBT Mongolia medical Mongolia military Mongolia Mining Mongolia Mining Developments Mongolia Mortgage Mongolia natural disaster Mongolia Petroleum Mongolia public announcements Mongolia railways Mongolia Religion Mongolia society Mongolia Sports Mongolia Stamp Mongolia telecommunication Mongolia tourism Mongolia Urbanization Mongolia Wild Life Mongolian Agriculture Mongolian Archeology Mongolian Food Mongolian Gay Mongolian Government news Mongolian History Mongolian Military Mongolian Mining Development Mongolian Movie Mongolian News Mongolian Parliament Mongolian Political news Mongolian Press Mongolian Songs Mongolian Women Mongolian Youth Mongolians abroad Moninfo Opinion Oyu Tolgoi Investment Agreement Photo news Press Release Rio Tinto Tavan Tolgoi coal mine Ulaanbaatar development Weird expatriates in Mongolia

Blog Archive

Followers

Live Traffic