Difference between revisions of "Thailand Futures Exchange"
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The Thailand Futures Exchange (TFEX) is a [[subsidiary]] of the [[Stock Exchange of Thailand]] | The Thailand Futures Exchange (TFEX) is a [[subsidiary]] of the [[Stock Exchange of Thailand]]. | ||
TFEX was ranked 32nd in 2015 in the [[Futures Industry Association]]'s global list of the top derivatives exchanges measured by volume with 48.5 million contracts traded, up 34.8 percent on 2014's volume of 36,021,150.<ref>{{cite web|url=http://www.marketvoicemag.org/?q=content/2015-annual-survey-global-derivatives-volume&t=1|name=2015 Annual Volume Survey|org=FIA magazine|date=March 31, 2016}}</ref> | TFEX was ranked 32nd in 2015 in the [[Futures Industry Association]]'s global list of the top derivatives exchanges measured by volume with 48.5 million contracts traded, up 34.8 percent on 2014's volume of 36,021,150.<ref>{{cite web|url=http://www.marketvoicemag.org/?q=content/2015-annual-survey-global-derivatives-volume&t=1|name=2015 Annual Volume Survey|org=FIA magazine|date=March 31, 2016}}</ref> | ||
Revision as of 14:06, 1 April 2016
| 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.
TFEX was ranked 32nd in 2015 in the Futures Industry Association's global list of the top derivatives exchanges measured by volume with 48.5 million contracts traded, up 34.8 percent on 2014's volume of 36,021,150.[1]
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.[2].
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
TFEX received approval from the Securities and Exchange Commission to remove silver futures from its trading board starting from the night session of July 31, 2014. The exchange made that move in response to the termination of the London Silver Fix.
Key People[edit]
- Chairman, Pakorn Malakul Na Ayudhya
- Vice Chairman, Patareeya Benjapolchai
Annual Volumes[edit]
| Year | Total Annual Volume | Percent Change |
| 2015 | 48,538,899 | 34.8% |
| 2014 | 36,021,150 | 122.8% |
| 2013 | 16,164,126 | 54.6% |
| 2012 | 10,457,928 | 4.3% |
| 2011 | ~10,00,000 (est) | 136.2% |
| 2010 | 4,245,782 | 38.2 |
| 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.[3] 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]
- ↑ 2015 Annual Volume Survey. FIA magazine.
- ↑ TFEX: Guide for Foreign Investors. TFEX.
- ↑ 2009 Annual Volume Survey. FIA magazine.