Difference between revisions of "Thailand Futures Exchange"
SarahRudolph (talk | contribs) |
SarahRudolph (talk | contribs) |
||
| Line 18: | Line 18: | ||
== Direct Market Access == | == Direct Market Access == | ||
TFEX allows [[broker]]s to offer [[direct market access]] (DMA) to clients, allowing them to connect their trading applications with a broker’s front-end system, enabling a client’s order to be automatically routed through a broker and into the [[exchange]] without being handled manually.<ref>{{cite web|url=http://www.tfex.co.th/en/member/list.html|name=TFEX: Guide for Foreign Investors|org=TFEX|date=May 11, 2009}}</ref>. | TFEX allows [[broker]]s to offer [[direct market access]] (DMA) to clients, allowing them to connect their trading applications with a broker’s [[front-end]] system, enabling a client’s order to be automatically routed through a broker and into the [[exchange]] without being handled manually.<ref>{{cite web|url=http://www.tfex.co.th/en/member/list.html|name=TFEX: Guide for Foreign Investors|org=TFEX|date=May 11, 2009}}</ref>. | ||
== History == | == History == | ||
Revision as of 21:31, 17 July 2014
| Thailand Futures Exchange | |
| |
| Founded | May 17, 2004 |
|---|---|
| Headquarters | Bangkok, Thailand |
| Key People | Pakorn Malakul Na Ayudhya, Chairman |
| Website | http://www.tfex.co.th |
The Thailand Futures Exchange (TFEX) is a subsidiary of the Stock Exchange of Thailand. [1] TFEX was ranked as the world's 45th-largest derivatives exchange by volume in 2010, falling one position from the year before, according to the annual volume survey published by the Futures Industry Association (FIA).[2] The FIA report, published in March of 2011, notes that the TFEX's total volume for 2010 was up by 38.2% from the previous year, reaching almost 4.25 million contracts.
TFEX was ranked 39th in 2012 in the Futures Industry Association's global list of the top derivatives exchanges measured by volume, up 4.3% on 2011's volume figure.[3] The FIA list, published in March of 2013, reports that that total volume for 2012 rose to 10.46 million.
Direct Market Access[edit]
TFEX allows brokers to offer direct market access (DMA) to clients, allowing them to connect their trading applications with a broker’s front-end system, enabling a client’s order to be automatically routed through a broker and into the exchange without being handled manually.[4].
History[edit]
Key Events of Thailand Futures Exchange
- 04/28/2006 - Launch SET50 Index Futures as the first product
- 08/28/2006 - Started Internet trading in SET50 Index Futures
- 09/18/2006 - Appointed three market makers to provide liquidity for SET50 Index Futures
- 04/09/2007 - Sign the Memorandum of Understanding with The Taiwan Futures Exchange (TAIFEX)
- 09/03/2007 - Allowed Direct Market Access (DMA) for convenience and easy execution
- 10/29/2007 - Launch SET50 Index Options as the second product
- 05/16/2008 - Sign the Memorandum of Understanding with Chicago Board Options Exchange (CBOE)
- 09/05/2008 - Sign the Memorandum of Understanding with The Options Industry Council (OIC)
- 11/24/2008 - Launch Stock Futures
- 02/02/2009 - Launch Thailand Futures Exchange Gold Futures
- 07/15/2010 - Sets Oct. 18 launch of 6-month interest rate (THBFIX) futures and 5-year government bond futures.
Products and Services[edit]
By law, The TFEX is allowed to offer trade of futures, options, and options on futures. The permitted underlying products include:
- SET50 Index Futures
- SET50 Index Options
- Gold Futures
- THBFIX Interest Rate
Key People[edit]
- Chairman, Pakorn Malakul Na Ayudhya
- Vice Chairman, Patareeya Benjapolchai
Annual Volumes[edit]
| Year | Total Annual Volume | Percent Change | World Ranking |
| 2012 | 10,457,928 | (+) 4.3% | 39 |
| 2011 | ~10,00,000 (est) | (+) 136.2% | -- |
| 2010 | 4,245,782 | (+) 38.2 | 45 |
| 2009 | 3,072,397 | -- | -- |
2009[edit]
The TFEX ranked number 44 in 2009 in the Futures Industry Association's global list of top 53 derivatives exchanges measured by volume, up 43% on 2008's volume figure.[5] The FIA list, published in early April 2010, reports that that total volume for 2009 rose to 3.07 million from 2008's figure of 2.15 million.
References[edit]
- ↑ TFEX website. TFEX.
- ↑ 2010 Annual Volume Survey. Futures Industry.org.
- ↑ 2012 Annual Volume Survey. FIA magazine.
- ↑ TFEX: Guide for Foreign Investors. TFEX.
- ↑ 2009 Annual Volume Survey. FIA magazine.