On December 23, 2022, the State Great Khural of Mongolia approved the Law on Mining Products Exchange, and it began to be followed from June 30, 2023, creating a legal arrangement for trading mining products on the exchange.
In this regard, according to Resolution No. 59 of the Government of Mongolia dated February 8, 2023, and Resolution No. 385 of the Financial Regulation Committee dated June 30, 2023, "Mongolian Stock Exchange" JSC is conducting mining products exchange trading.
"Mongolian Stock Exchange" JSC is going to re-approve and implement the following procedures with the approval of the Financial Regulatory Commission in accordance with Article 9, Section 9.2 of the Law on Mining Products Exchange Trading in the framework of organizing mining products exchange trading through intermediaries (brokers). It includes:
1. Mining products trading procedure;
2. Procedures for trading settlement of mining products;
3. Procedures for establishing and enforcing trading contract standards;
4. Procedures for the membership of the mining products trading broker.
The draft of the above regulations is being submitted in the Rules and Regulations section of the Mineral Commodities trading, so please review the draft and submit your comments online by September 6, 2024.
Submit proposals for inclusion in the regulations by e-mail to comex@mse.mn.
MONGOLIAN STOCK EXCHANGE