London Stock Exchange Group (LSEG) and the Mongolian Stock Exchange (MSE) will collaborate on post trade infrastructure, FTSE index development and opportunities for trading new products and asset classes, including commodity derivatives and FX. 

Both LSEG officials and the Government of Mongolia signed a three year extension to their strategic partnership agreement today, which builds on a 14-month project to modernise the country’s capital markets infrastructure.

In 2012, the Mongolian bourse migrated to the new MillenniumIT trading, market surveillance and depositary platform. LSEG has also developed a wide-ranging education programme for market participants and worked with the Mongolian government to re-draft the country’s capital markets regulations and securities law.

The agreement was signed by Chultem Ulaan, Mongolia Finance Minister and Xavier Rolet, chief executive officer, LSEG, builds on

“The extension of our partnership underlines the significant interest in London in working with Mongolia to help the country realise its exciting potential,” says Rolet. “We look forward to the future and continuing to partner with Mongolia.”

“We are delighted to have London Stock Exchange Group as our strategic partner in the ongoing modernisation and development of the Mongolian Stock Exchange,” says Ulaan. “We aim to transform MSE into a world-class market with international best practices and standards over the next three years. With the global business and technological expertise of London Stock Exchange Group, we will achieve this goal.”

source: FTSE Global Markets