ACCOUNT OPENING


We open 2 types of accounts for domestic trading on Mongolian Stock Exchange and foreign trading on international market.




Individual account for domestic trading:

• New Account Application Form
• ID or Passport copy
• 0-16 years children /birth of certificate and ID copy of representative/
• Account opening Fee: 5,000 Tugrug

ORDER PLACEMENT


Market order

Market order is an order to buy or sell a stock at the best available current price.

Limited order

A limited order is an order to buy or sell a stock at a specific price or better


A client trades securities using a broker company which should be licensed by FRC. In order to buy securities on MSE, you have to prefund a sufficient amount before the trading.
A client can give an order to the broker in person, by phone, by e-mail and by fax.
If you give an order by phone, you have to submit the written and signed order form within 2 working days.
The order form should be filled out by client with the stock ticker, quantity, price and time of the order placement.
An order form will come into effect after the broker signs and stamps it upon receipt.

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