Difference between revisions of "Thailand Futures Exchange"
SarahRudolph (talk | contribs) |
JimKharouf (talk | contribs) |
||
| Line 16: | Line 16: | ||
The exchange expanded its product offerings with the merger of TFEX and Thailand Agricultural Futures Trading in March 2015 in a government effort to consolidate all futures trading under one exchange.<ref>{{cite web|url=http://www.tfex.co.th/tfex/newsDetail.html?newsId=14264629880950|name=TFEX-AFET announce merger to drive Thailand agricultural futures exchange|org=TFEX|date=March 31, 2016}}</ref> | The exchange expanded its product offerings with the merger of TFEX and Thailand Agricultural Futures Trading in March 2015 in a government effort to consolidate all futures trading under one exchange.<ref>{{cite web|url=http://www.tfex.co.th/tfex/newsDetail.html?newsId=14264629880950|name=TFEX-AFET announce merger to drive Thailand agricultural futures exchange|org=TFEX|date=March 31, 2016}}</ref> | ||
TFEX was ranked 26th in | TFEX was ranked 26th in 2018 in the [[Futures Industry Association]]'s global list of the top derivatives exchanges measured by volume with 104 million contracts traded, up 32 percent from a year earlier.<ref>{{cite web|url=https://marketvoice.fia.org/articles/record-year-derivatives|name=2018 Annual Volume Survey|org=Futures Industry.org|date=April 8, 2019}}</ref> | ||
== History == | == History == | ||
| Line 53: | Line 53: | ||
|'''Total Annual Volume''' | |'''Total Annual Volume''' | ||
|'''Percent Change''' | |'''Percent Change''' | ||
|- align="left" style="background:#EEEEEE;" | |||
|2018 | |||
|104,422,200 | |||
|32.2% | |||
|- align="left" style="background:#EEEEEE;" | |- align="left" style="background:#EEEEEE;" | ||
|2017 | |2017 | ||
Revision as of 21:09, 16 April 2019
| 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, offering stock index, interest rate, agriculture, rubber, energy and precious metals futures and options on futures contracts.
The exchange expanded its product offerings with the merger of TFEX and Thailand Agricultural Futures Trading in March 2015 in a government effort to consolidate all futures trading under one exchange.[1]
TFEX was ranked 26th in 2018 in the Futures Industry Association's global list of the top derivatives exchanges measured by volume with 104 million contracts traded, up 32 percent from a year earlier.[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.
- 03/16/2015 - TFEX and the Thailand Agriculture Futures Exchange announce a merger.
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 |
| 2018 | 104,422,200 | 32.2% |
| 2017 | 78,990,574 | 13.5% |
| 2016 | 69,576,164 | 43.3% |
| 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 | -- |
References[edit]
- ↑ TFEX-AFET announce merger to drive Thailand agricultural futures exchange. TFEX.
- ↑ 2018 Annual Volume Survey. Futures Industry.org.