FEAS Yearbook FEAS Yearbook 2008 | Page 45

FEDERATION OF EURO-ASIAN STOCK EXCHANGES SEMI ANNUAL REPORT OCTOBER 2008 MONGOLIAN STOCK EXCHANGE OFFICIAL 6 MONTH STATISTICS US$ millions Total Volume Average Daily Volume # Shares millions Total Volume Average Daily Volume Stocks Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 TOTAL 3.03 1.65 3.20 2.71 22.18 4.28 37.06 0.14 0.08 0.15 0.12 1.01 0.20 0.28 11.37 3.58 5.98 3.39 55.62 17.11 97.05 0.52 0.18 0.28 0.15 2.53 0.81 0.75 Bonds Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 TOTAL 0.00 0.00 0.00 0.43 0.00 1.27 1.70 0.00 0.00 0.00 0.43 0.00 0.42 0.14 0.00 0.00 0.00 0.05 0.00 0.02 0.07 0.00 0.00 0.00 0.05 0.00 0.01 0.01 Other Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 TOTAL 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Market Capitalization (US$ millions) Index Jan-08 672.71 10,773.89 Feb-08 723.25 12,085.41 Mar-08 761.80 12,668.94 Apr-08 723.01 12,445.78 May-08 714.75 11,366.43 Jun-08 702.76 10,318.79 PRACTICES & PROCEDURES Trading Days Hours Monday-Friday Equity Market: 11:00 - 12:00 Bond Market: 11:00 - 12:00 Market segmentation N/A System Automated, depository link, data dissemination, reporting facilities, WAN Mechanisms Call auction, continuous auction Market-maker/Specialists No Instruments Stocks, government and company bonds Currency Local Real time information Best bid/ask, last price, last volume, total volume, order book Clearing & Settlement Central Depository Period Registered Settlement Clearing DVP Clearing Institution Risk Sharing Margin/Lending Custodians Yes T+1 Yes Book entry Transaction by transaction Yes, full DVP Yes No No Individuals, institutional investors, brokerage houses, banks, exchange members Taxes Cash Dividends Interest Income Capital Gains N/A N/A N/A Structure & Regulations Legal Regulation Securities market regulations Trading rules Surveillance Corporate actions Trading halts regulations Investor protection Profit Companyy Self Exchange with the regulatory institution Exchange Yes Centralized Yes No Foreign Participation Foreign investors Investment limitations Repatriation Allowed, No restrictions No limitations No restrictions PAGE 45