Page 44 - SET TH l Press Esc to Exit

42 Annual Report 2012
• Improving efficiency in transmitting orders of broker members via SETNET3 with international standards and high
degrees of security
SET has designed and developed SETNET 3 as the center to connect work systems
between broker members and SET by extending service to broker members to cope with
an increasing number of transactions, expanding co-location of service for members
which want to install servers for receiving and transmitting trading orders. The new
platform results in speedy and highly efficient operations equipped with a system to
control the environment. It also has a comprehensive security system up to recognized
standards, scheduled to be ready for service in April 2013.
• Supporting and providing qualified independent software vendors to serve as alternatives for member companies.
Currently, 12 independent software vendors (ISVs) have passed the test to connect the SET trading system and the futures
market, including DST Worldwide Services (Thailand) Limited, Freewill Solutions Co Ltd, SunGard, Fedessa, Horizon, IT Element
Company Limited, and Settrade.com Co., Ltd., Of the 12 ISVs, five were added in 2012 -- Flextrade, PAT, RTS, CQG and SERISYS.
Moreover, SET places high importance on system developers and service network providers related to the stock exchange and broker
members, as well as other capital market’s agencies, to ensure that their security and computer control systems are robust enough
to protect their information and prevent threats from external agencies.
• Developing systems for DW through e-Listing
As the issue and offering of derivatives warrants (DWs) is increasing steadily, SET is improving the efficiency and speed of
accepting DWs for listing, through a process called e-Listing that not only accelerates the process but also eases the burden of
securities companies which offer DWs.
Bringing regulations up to standards of regional securities markets: Increasing SET’s competitive capacity
In 2012, SET improved its regulations to increase listing opportunities of companies in order to increase their financial
opportunities and increase SET’s competitiveness among regional markets, as well as strengthen broker members which are
transactions intermediaries by concentrating on increasing the number of products on the market and adjusting the structure of
listed companies to boost their strengths and competitiveness. In addition, SET supports self-regulatory organizations (SRO) by
collaborating closely with the Association of Thai Securities Companies on projects of mutual interest.
As part of the process to prescribe rules and regulations, SET consulted and listened to opinions from listed companies,
broker members, financial advisors, the Thai Investors Association, and Association of Investment Management Companies, among
others. SET also listened to opinions posted on the website of the exchange to ensure that the regulations would strike an
acceptable balance between benefiting from business operations and protection of individual investors.