Mongolian Stock Exchange sealed a deal with London Stock Exchange Group to modernize the MSE under an agreement to make it in level of world standard.
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Established in 1991 as a part of Mongolian Stock Exchange (MSE) in Tuv province, it now plays a central role in the domestic securities market.
On the square's western side sits the headquarters of the Ulaanbaatar Bank, Ulaanbaatar City Administration building, the headquarters of Golomt Bank, the Mongolian Stock Exchange building (formerly the Eldev-Ochir Cinema: 1946–1948), the Mongolian Telecommunications Building, and the Central Post Office.