Regarding the start of the utilization of the "Millennium IT" system, which was installed by the edict of the Executive Director of the Mongolian Stock Exchange
(MSE), the schedule for security trading has been renewed to be held daily between 10:00 am and 01:00 pm and will be in force starting July 02, 2012. Previously, security trading was held on week days at 11:00 am-12:00 pm at the MSE.
In April 2011, the Mongolian Stock Exchange has signed a “Master Services Agreement
” with the London Stock Exchange on a 3-year period. According to the agreement, the “Millennium IT
” trading system that is used by over 30 large stock markets and trading centers of over 25 countries in the world was to be installed. This system has many advantages such as it is capable of expanding the capacity and demand of information transmission speed, simplifying manual actions, automatically processing data and freely transmitting them between the systems and foreign information agencies.