AKIPRESS.COM - The Mongolian Stock Exchange (MSE)  surpassed  Mongolian tugrik (MNT) 3 trillion ($863.8 million) in trading volume in 9 months of 2023, a milestone achieved after the successful sale of 387,000 shares of 43 companies and coal worth 207 million tugriks on the exchange.

The inclusion of equity in the five largest banks of Mongolia and the introduction of 13 new trading products in 2023 on the MSE played a decisive role in increasing trading activity, according to the exchange's marketing and public relations department.

Moreover, more than 60% of the more than 3 trillion tugriks in trading volume derived from trade in coal and iron ore, it added.

The bourse operates the Millennium system for securities trading, settlement, deposits and control. It was introduced as part of a master operating agreement concluded with the London Stock Exchange.