Mongolia has officially launched the world’s first 24/5 blockchain-based securities trading platform, marking a significant advancement in the global financial landscape. This initiative, powered by technology from AND Global Group, allows for continuous trading of over-the-counter (OTC) securities, enhancing market accessibility and efficiency.
The transition to this innovative trading model was first announced on September 12, 2025, during the “Mongolia’s Capital Market Connectivity 2025” international conference held in Ulaanbaatar. After 18 months of rigorous testing within the Financial Regulatory Commission’s sandbox environment, the system is now operational, facilitating automated settlements that complete transactions in under a minute.
Transformative Impact on the Securities Market
In the three months since moving to a blockchain-based trading platform, secondary market activity has surged by 40 percent. This increase is attributed to the efficiency of the new system, which offers instant payment settlements and improved liquidity, likely to be further enhanced by the newly introduced 24/5 trading schedule.
The Mongolian Association of Securities Dealers (MASD) oversees the operations of this OTC market, while the underlying blockchain technology has been developed and implemented by AND Global Group through its subsidiary, AND Denode. A strategic partnership with the Mongolian Central Securities Depository has enabled the automation of payment settlements, ensuring that transactions are executed swiftly and securely.
Pioneering Financial Innovation
By adopting blockchain technology in its securities trading, Mongolia not only aims to improve the efficiency and security of its domestic capital market but also positions itself as a contributor to global financial innovation. The launch of the 24/5 trading model represents a crucial step in this transformation, showcasing the potential of blockchain to reshape traditional finance.
As the world observes this pioneering effort, Mongolia’s initiative could inspire other nations to explore similar advancements in their financial markets. The implications of this development extend beyond borders, highlighting the role of technology in enhancing financial systems globally.
