Mongolian Stock Exchange

The Mongolian Stock Exchange (MSE), the Eurasian country’s sole stock exchange, was established in January 1991 by the decree of the Mongolian Government to privatise large state-owned enterprises. During the privatization period, every citizen of Mongolia started to own vouchers for the purchase of 475 state-owned companies through MSE. Auctions officially began in February 1992 and  shares in three enterprises were auctioned off. By October,