The Mongolian Central Securities Depository has signed a Memorandum of Understanding with Taiwan’s Depository & Clearing Corporation. The signing ceremony was held in Taipei on 25th of September.

Ling Xiu Ming, director of the Executive Board of the Taiwan Depository & Clearing Corporation noted that the Mongolian stock market has been developing fast recently and there is much potential for further development. The Taiwan Corporation began long-term cooperation with the Mongolian Central Securities Depository10 years ago. Since then, the two sides have held visits, trained specialists, and exchanged information about stock market marketing and management.