TFEX News 1/2014
                                                                                
         Jan 2, 2014
 
TFEX reports 2013 strong growth, aims to increase liquidity in 2014
 
Bangkok, Jan 2, 2014 - The Thailand Futures Exchange PCL (TFEX), under The Stock
Exchange of Thailand group, announced that 2013 average daily trading volume
jumped 55.2 percent from a year earlier to 68,017 contracts, mainly driven by a
2.9 times jump in  stock futures. In 2014, TFEX planned to implement its new
trading system, boost liquidity and build its quality investor base.
 
TFEX Managing Director Kesara Manchusree said that total trading volume in 2013 
was 16,664,126 contracts, or 68,017 contracts per day, up from 43,823 contracts
per day from the previous year. Most of the derivatives contracts traded were
stock futures, up 288 percent to 34,351 contacts per day. SET50 futures rose 41
percent to 23,218, while gold futures dropped 39.4 percent to 9,009 and USD
futures decreased 64.5 percent to 977 contracts per day. The average daily
trading value was THB26.97 billion (approx.USD817 million). Meanwhile, total
derivatives trading accounts reached 87,693 accounts.
  
"Due to the volatility of indices and stock prices in 2013, stock futures and 
SET50 futures became popular for risk management. In addition, investors were
able to manage their portfolios more efficiently after TFEX amended stock
futures' rules by increasing position limits and reducing the minimum size
required for block trade transaction of high notional-valued contracts. Also,
TFEX added additional underlying securities for stock futures, to make a total
of 60," Kesara added.
 
TFEX plans to improve its current products and services, especially SET50 index 
futures and options, in order to increase liquidity in 2014. Starting this
February, USD futures holders will be able to receive physical US dollars on the
last trading day at Krung Thai Bank. To continue to improve and expand quality
investor, TFEX will continue to develop its existing projects, such as the TFEX
Challenge, an intensive trading simulation; TFEX Open House, an intensive
seminar for technical analysts, and cooperate with other finance organizations
to present other financial instruments for currency risk management. Moreover,
the new trading and clearing system for derivatives is expected to go live in
May, Kesara concluded.
 
SET Group "Matching Your Right Financial Opportunities"
 
Members of the media should contact the Public Relations Unit, Corporate 
Communications Dept.:
Kanokwan Khemmalai, tel: +66 (0) 2229 2048 / Arada Kultawanich, tel: +66 (0) 
2229 2796
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