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SET subsidiaries
Thailand Futurers Exchange PCL
The Thailand Futures Exchange PCL (TFEX), a subsidiary of The Stock Exchange of Thailand (SET), was established on May 17,
2004 , as a derivatives exchange under the Derivatives Act B.E. 2546 (2003). TFEX received a license to be a center of derivatives trading
under supervision of the Securities and Exchange Commission (SEC) on February 11, 2005. Effective on January 1, 2013, TFEX changed
its Thai name to be in line with the Derivatives Act, and also changed its logo, using the same symbol as that of the SET Group, to show its
being a part of the group that matched the right financial opportunities for its customers.
Operations
TFEX trades derivatives based on equities, bonds, and other consumer products. By law, TFEX is allowed to trade futures, options
and options on futures, including those with the following securities as underlying products:
1. Indices of securities, including equities
2. Debt instruments and interest rates
3. Non-agricultural commodities and other financial indices (e.g., gold, crude oil or foreign currencies) TFEX’s objective
is to benefit investors and related parties by:
• Being a center of derivatives trading, meeting international standards, including on efficiency, helping individual
and juristic investors effectively use the products as hedging instruments.
• Offering alternative investments in a trading system that is fair, transparent and liquid according to international
standards, including building confidence in the clearing and settling of every transaction made on TFEX, as TFEX has
the Thailand Clearing House Co., Ltd., which is very stable, as its counterparty.
• Providing investors with information that reflects the expectations of market participants as to future prices of
securities. Investors and enterprises will thus be able to plan their operations more effectively.
Registered capital and organizational management
TFEX has a total registered capital of THB 100 million (USD 2.91 million), with the SET holding 99.99% of that amount.
Board of Directors
Sompol Kiatphaibool Chairman
Charamporn Jotikasthira Vice Chairman
Chanisa Chutipat Member
Chaipatr Srivisarvacha Member
Pakorn Peetathawatchai Member
Pattera Dilokrungthirapop Member
Sopawadee Lertmanaschai Member
Suthep Peetakanont Member
Kesara Manchusree Managing Director