[2] The over-the-counter (OTC) market remains open despite the Yangon Stock Exchange's arrival in 2015.
But this OTC market too died in the 1960s when all the firms were nationalized by the military government that seized power in 1962.
[3] Another military government came to power in 1988, and it allowed the state-owned Myanma Economic Bank to form a 50-50 joint-venture with Daiwa Securities in April 1996.
[4] It listed two public-private joint-venture firms: Forest Products Joint Venture Corporation and Myanmar Citizens Bank.
A 2011 Reuters report states that the exchange had no trading floor, and had eight employees who handled over-the-counter transactions and manually updated share prices, using a whiteboard, a marker pen and a stencil whenever a customer dropped by.