News
STOCK EXCHANGE RESTRUCTURING NEEDS BETTER LEGAL SUPPORT
2011-06-07 00:00:00
-6 June 2011, News.mn
The President of the Mongolian Stock Exchange (MSE), Bill Gorman, told participants at the Trade Mongolia 2011 forum, held in Chinggis Hotel on June 3 and 4, that when the work of restructuring the MSE was completed by the London Stock Exchange team, it would be electronically connected to the LSE and the Toronto exchange.
The priority areas in the restructuring were trading methods, accounting, and deal making. The program, which included training MSE staff, is expected to be finished in December.
The team is facing some problems such as inadequate laws. Gorman hoped the Government of Mongolia would take note of these and take quick corrective measures.