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Kyrgyz Brokers Dream of a Trading Frenzy the Former Soviet Country Sets Up a Stock Exchange

By: Marshall Ingwerson, writer of The Christian Science Monitor | The Christian Science Monitor, September 2, 1995 | Article details

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Kyrgyz Brokers Dream of a Trading Frenzy the Former Soviet Country Sets Up a Stock Exchange


Marshall Ingwerson, writer of The Christian Science Monitor, The Christian Science Monitor


THEY have seen the news clips of smoothly analytical brokers and the frenzy of traders on the New York Stock Exchange floor.

They believe that the American stockbroker is "a well-trained professional who thinks only about the stock exchange and has no time for anything else."

"It is our dream to work like that," says Zhamal Dootayulu, one of eight young Kyrgyz brokers lounging at their desks around the otherwise empty floor of the Kyrgyz Stock Exchange.

This is probably the world's newest stock exchange, a key building block in transforming this new country's formerly Soviet economy into a functioning free market. It opened in May. Four companies are …

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