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Online stock trading to begin in Mongolia |
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Friday, 27 June 2008 |
Online stock trading is scheduled
to begin in Mongolia in July.
Media reports indicate that
a NASDAQ-hosting system will allow individuals and companies to monitor,
buy and sell worldwide company stocks from Mongolia.
It is hoped this will not only
provide opportunities for Mongolian investors, but also offer exposure
to new forms of raising capital for Mongolian companies.
An important part of the program
allows investors to directly buy and sell stocks without a broker.
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