Mongolia has made a significant advancement in global finance by launching the world’s first 24-hour, five-day trading platform for securities, powered by innovative blockchain technology. The new system, developed by the fintech company AND Global Group, enables continuous trading from Monday to Friday, marking a historic milestone for the country’s over-the-counter (OTC) securities market.
The transition to this continuous trading model followed a successful 18-month trial in a sandbox environment managed by the Financial Regulatory Commission. This phase allowed for rigorous testing before the official launch, which took place on December 25, 2025. With automated settlements that complete transactions in under a minute, the new system promises to enhance market efficiency and security significantly.
The announcement of the transition to blockchain technology was made during the “Mongolia’s Capital Market Connectivity 2025” conference on September 12, 2025. The launch represents a crucial step in the modernization of Mongolia’s financial infrastructure, aimed at attracting both domestic and international investors.
Since the introduction of blockchain for OTC trading, secondary market trading activity has surged by an impressive 40 percent. This increase is largely attributed to the benefits of instant, automated payment settlements, which have improved liquidity in the market. Financial experts anticipate that further growth will occur as the 24/5 trading schedule takes effect.
The operational management of the OTC market is overseen by the Mongolian Association of Securities Dealers (MASD), while the technological implementation is handled by AND Global Group through its subsidiary, AND Denode. A strategic collaboration with the Mongolian Central Securities Depository (MCSD) facilitated the automation of payment settlements, underscoring the significant partnerships that contributed to this project.
By successfully integrating blockchain technology into its securities trading framework, Mongolia not only enhances the efficiency and security of its domestic capital market but also positions itself as a contributor to global financial innovation. The implications of this advancement may resonate beyond its borders, as countries worldwide observe Mongolia’s pioneering efforts in the evolving landscape of financial technology.
As the world watches, Mongolia sets a new standard for how securities can be traded, potentially inspiring similar initiatives in other markets and showcasing the transformative power of blockchain technology in finance.
