Source: Stock Exchange of Thailand
The Stock Exchange of Thailand (SET) is ready to be connected on the ASEAN Trading Link in October, following a recent successful launch of SET's new trading engine, and aims at increasing investment opportunities in Thailand by actively presenting the potential of the Thai stock market and strengths of its listed companies for investors both in Malaysia and Singapore ahead of the launch of ASEAN Trading Link.
SET has prepared the linkage infrastructure for the ASEAN Trading Link, offering a new ease of access to ASEAN stocks with convenience and speed. SET expects to join the regional trading network in the middle of October, after the bourse launched its new trading engine SET CONNECT on September 3, becoming the third exchange to link with ASEAN Trading Link. The first connection will be between Bursa Malaysia and Singapore Exchange which will begin on September 18", said SET Chief Strategy Officer Veerathai Santiprabhob.
"Joining the ASEAN Trading Link in October is a great opportunity for SET to attract investors in ASEAN to tap the opportunities and potential of the Thai stock market, supported by Thailand's economic growth, the country's positioning to be the center of Indochina, and the strengths of Thai listed companies, as proven by the firms' quick revival from several economic crises and natural disaster. Since the start of this year, SET has organized activities to show the strengths of Thai stocks to institutional and retail investors from Malaysia many times, with the latest presentation being held for executives and marketing officers from Malaysia's Maybank Investment Bank Berhad during their visit to SET. In addition, SET will hold a seminar to present the potential of Thai stocks to 200 marketing officers of Singapore's securities companies to introduce investment in the Thai stock market ahead of the ASEAN Trading Link," Veerathai added.