Difference between revisions of "Thailand Futures Exchange"

From MarketsWiki
Jump to navigation Jump to search
 
(18 intermediate revisions by 3 users not shown)
Line 3: Line 3:
{{Infobox_Company   
{{Infobox_Company   
| company_name =  Thailand Futures Exchange
| company_name =  Thailand Futures Exchange
| company_logo =  [[Image:TFEXlogo.jpg]]  
| company_logo =  [[Image:Tfex-logo-disclaimer.gif]]  
| key_people =    Pakorn  Malakul Na Ayudhya, Chairman
| key_people =    Chaiyawat Wibulswasdi, Chairman
| foundation =    May 17, 2004
| foundation =    May 17, 2004
| location =      Bangkok, Thailand
| location =      Bangkok, Thailand
| employees =      <!-- Approx number of employees -->
| employees =      <!-- Approx number of employees -->
| products =      <!-- Quick list of types of things company does or produces -->
| products =      <!-- Quick list of types of things company does or produces -->
| homepage=        http://www.tfex.co.th
| homepage=        https://www.tfex.co.th/tfex/index.html?locale=en_US
}}
}}


The Thailand Futures Exchange (TFEX) is a [[subsidiary]] of the [[Stock Exchange of Thailand]]. <ref> {{cite web|url = http://www.tfex.co.th/en/about/about.html|name = TFEX website|org = TFEX|date = February 26, 2009}}</ref> 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).<ref>{{cite web|url=http://www.futuresindustry.org/downloads/Volume-Mar_FI%28R%29.pdf|name=2010 Annual Volume Survey|org=Futures Industry.org|date=May 5, 2011}}</ref> 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.
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.  


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.<ref>{{cite web|url=http://www.futuresindustry.org/downloads/FI-2012_Volume_Survey.pdf|name=2012 Annual Volume Survey|org=FIA magazine|date=March 2013}}</ref> The FIA list, published in March of 2013, reports that that total volume for 2012 rose to 10.46 million.
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>


== Direct Market Access ==
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>  
 
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 ==
Line 33: Line 31:
* 02/02/2009 - Launch [[Thailand Futures Exchange Gold]] 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.
* 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 ==
== Products and Services ==
By law, The TFEX is allowed to offer [[trade]] of [[futures]], [[options]], and [[options on futures]]. The permitted underlying products include:
The TFEX offers products on the following:
* SET50 Index Futures
* SET50 Index Futures
* [[SET50 Index Options]]
* SET50 Index Options
* [[Gold Futures]]
* Single Stock Futures
* [[THBFIX Interest Rate]]
* 50 Baht Gold Futures
 
* 10 Baht Gold Futures
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 Silver futures is a derivatives contract tracking London silver fixing. It will be terminated after London Silver Market Fixing Limited announced to cease to administer London silver fixing and a daily silver fixing price. As such, the termination will impact directly on silver futures trading on TFEX and calculating the final settlement price of the futures based on the London Silver Fixing.
* 5-Year Government Bond Futures
* 3M BIBOR Futures
* 6M THBFIX Futures
* Brent Crude Oil Futures
* USD Futures
* Sector Index Futures
* RSS3 Futures
* RSS3D Futures
* Gold-D Futures


== Key People ==
== Key People ==
*Chairman, [[Pakorn Malakul Na Ayudhya]]
*Chairman, [[Chaiyawat Wibulswasdi]]
*Vice Chairman, [[Patareeya Benjapolchai]]
*Vice Chairman, [[Pakorn Peetathawatchai]]


==Annual Volumes==
==Annual Volumes==
Line 53: Line 61:
|'''Total Annual Volume'''
|'''Total Annual Volume'''
|'''Percent Change'''
|'''Percent Change'''
|'''World Ranking'''
|- align="left" style="background:#EEEEEE;"
|2018
|104,422,200
|32.2%
|- align="left" style="background:#EEEEEE;"
|2017
|78,990,574
|13.5%
|- align="left" style="background:#EEEEEE;"
|2016
|69,576,164
|43.3%
|- align="left" style="background:#EEEEEE;"
|2015
|48,538,899
| 34.8%
|- align="left" style="background:#EEEEEE;"
|2014
|36,021,150
| 122.8%
|- align="left" style="background:#EEEEEE;"
|2013
|16,164,126
| 54.6%
|- align="left" style="background:#EEEEEE;"
|- align="left" style="background:#EEEEEE;"
|2012
|2012
|10,457,928
|10,457,928
|(+) 4.3%
|4.3%
|39
|- align="left" style="background:#EEEEEE;"
|- align="left" style="background:#EEEEEE;"
|2011
|2011
|~10,00,000 (est)
|~10,00,000 (est)
|(+) 136.2%
|136.2%
| --
|- align="left" style="background:#EEEEEE;"
|- align="left" style="background:#EEEEEE;"
|2010
|2010
|4,245,782
|4,245,782
|(+) 38.2
|38.2
|45
|- align="left" style="background:#EEEEEE;"
|- align="left" style="background:#EEEEEE;"
|2009
|2009
|3,072,397
|3,072,397
| --
| --
| --
|}
|}
===2009===
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.<ref>{{cite web|url=http://www.futuresindustry-digital.com/futuresindustry/201003#pg20|name=2009 Annual Volume Survey|org=FIA magazine|date=April 8, 2010}}</ref> 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 ==
== References ==

Latest revision as of 21:23, 16 April 2019


FTSE Russell banner 2016.gif
FTSE Russell banner 2016.gif


Thailand Futures Exchange
Tfex-logo-disclaimer.gif
Founded May 17, 2004
Headquarters Bangkok, Thailand
Key People Chaiyawat Wibulswasdi, Chairman
Website https://www.tfex.co.th/tfex/index.html?locale=en_US

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

Products and Services[edit]

The TFEX offers products on the following:

  • SET50 Index Futures
  • SET50 Index Options
  • Single Stock Futures
  • 50 Baht Gold Futures
  • 10 Baht Gold Futures
  • 5-Year Government Bond Futures
  • 3M BIBOR Futures
  • 6M THBFIX Futures
  • Brent Crude Oil Futures
  • USD Futures
  • Sector Index Futures
  • RSS3 Futures
  • RSS3D Futures
  • Gold-D Futures

Key People[edit]

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]