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Annual Report 2012
• Launching the ASEAN Trading Link to upgrade ASEAN into an asset class recognized by worldwide investors
On October 15, SET launched its
ASEAN Trading
Link
with Malaysia and Singapore in order to attract
investors worldwide. The three markets have a total market
capitalization of more than USD 1.4 trillion, or 70 percent
of the combined market capitalization of seven ASEAN
markets, with a total of 2,200 securities. The development
of the ASEAN Trading Link opened a new era of enabling
investors to trade ASEAN securities promptly and
conveniently, and promotes investment in ASEAN, including
Thailand, particularly trading through local securities firms.
In the first stage, nine securities companies in Thailand
participated in the program, increasing to 16 in early 2013.
SET has conducted various activities to support investment through regional stock exchanges, such as working with the
Revenue Department by reviewing law for capital gains tax exemption for foreign securities trading to eliminate obstacles for those
trading using the ASEAN Trading Link, promoting cooperation among ASEAN securities markets by organizing activities to educate
and promote ASEAN securities to investors, aiming at stimulating and supporting the ASEAN capital market and securities as an
asset class
by international investors. SET has organized
Invest ASEAN 2013
on a continuous basis and jointly developed the web
site
to be the information center of ASEAN capital markets, enabling investors to easily access the region’s
markets and securities in a convenient and easy manner.
Developing comprehensive post-trade business by highlighting speed and cost-efficiency
Thailand Securities Depository Co. Ltd. (TSD), under the SET group, focuses
on developing and streamlining post-trade service to make it easier and more
convenient for operators to reduce cost and operation risk, and plans to expand
post-trade services in a comprehensive manner to promote service, increase
competitiveness, and enable members to prepare for the expansion and new financial
activities of SET. These developments will help businesses streamline linkages when
conducting international transactions.
• Increasing general clearing members for derivatives market
SET’s Thailand Clearing House Co., Ltd. (TCH) accepted five existing precious metal-related members who upgraded
themselves to be general clearing members in 2012, so that they can offer clearing for all derivatives products. As of the end
of 2012, TCH had a total of 41 general clearing members, up from 36 in the past.
