Every MSE COMEX auction, on one desk.
Live bidding through the call phase, your buyers and the deposits behind them, and the contract-to-delivery trail after the award — for coal, iron ore, fluorspar and copper.
- COAL
Washed coking coal
Erdenes Tavan Tolgoi JSC — Gashuunsukhait
Leading
2 buyers
128.50 USD
48 lots
Call1:36
7 bids — each one extends the close by a minute
- IRON
Fe65 iron concentrate
Darkhan Metallurgical Plant LLC — Zamyn-Uud
Outbid
1 buyer
94.00 USD
30 lots
Open14:38
- FLSP
CaF₂ 95% fluorspar
Mongolrostsvetmet SOE — Zamyn-Uud
No bid
no bid yet
1,480.00 CNY
12 lots
Open22:10
- COPP
Copper concentrate 22%
Erdenes Mongol LLC — Gantsmod
Leading
1 buyer
2,310.00 CNY
20 lots
Open41:05
The whole trade, in one system.
A brokerage runs the auction, the buyer relationship and the settlement paperwork as one job. The platform treats it that way.
- Bidding
Bid on the tick grid, through the call phase
Prices are checked against the product’s tick size before they leave your screen. Once an auction enters its call phase your bid has to beat both the book and your own last price — and every accepted bid pushes the close out another minute. The board keeps up; the spreadsheet does not.
- Buyers
Your foreign buyers, MSE-ready
Register buyers with the documents MSE requires, track where each one stands in verification, and bid on their behalf without re-keying anything.
- Deposits
Deposit headroom, before it costs you a lot
Each buyer’s balance sits against what they already have working on the board, with an alert while there is still time to top it up.
- Post-trade
From award to delivery
Contract signing, payment, shipment and delivery tracked per trade — the paperwork afterwards runs in the same system as the bidding.
- Reporting
The numbers your compliance officer asks for
Price history, win rates and per-cycle exports, built from the trades themselves rather than assembled by hand at month end.
One record, from registration to the border.
A deal does not end when the auction does. Every stage below hangs off the same trade, so nothing has to be reconciled between systems later.
Buyer registered
Documents filed, MSE verification tracked.
Deposit posted
Balance visible against everything working.
Bid placed
On the tick grid, through the call phase.
Awarded
The auction closes; a trade opens.
Contract signed
Export contract recorded against the deal.
Payment made
Settlement logged with the trade.
Delivered
Closed out at the border crossing.
You hand us your MSE credentials. Here is how they are held.
Brokerages trade on other people’s money under a regulator’s eye. The platform is built to be auditable on that basis.
- Credentials
- Encrypted at rest with AES-256-GCM. Every brokerage keeps its own MSE credentials and we authenticate as you — never through a shared pool.
- Isolation
- PostgreSQL row-level security on every tenant-scoped table. A query that forgets which brokerage it belongs to returns nothing at all.
- Access
- Four roles — admin, manager, trader, viewer. A trader reaches their own bids and buyers rather than the whole book.
- Sign-in
- Time-based two-factor authentication, with recovery codes issued once at enrolment.
- Audit
- Credential changes, bids and administrative actions are written to an append-only log you can export.
Talk to us about your desk.
Tell us which commodities you trade and how many buyers you run, and we will come back to you about access.
- [email protected]
- Office
- Ulaanbaatar, Mongolia