Thailand Futures Exchange PCL (TFEX) launched SET50 Index Options today (Oct. 29) with confidence that the product will enhance the stability of the Thai market, by adding to the range of efficient, cost-effective investment choices available. Investors will gain by using this flexible instrument in a range of investment conditions.
This product is both a good investment and risk management tool, TFEX Chairman Mr. Pakorn Malakul Na Ayudhya said at today’s inauguration ceremony.
“Options can form part of a variety of investment and portfolio management strategies. Investors can also trade options in combination with its underlying securities or with other derivatives products. Internationally, options have become increasingly popular,” Mr. Pakorn remarked.
“After working hard all year, TFEX and its brokers are now ready for SET50 Index Options, which will boost trading in derivatives and expand the market,” TFEX’s Managing Director Ms. Kesara Manchusree said.
The product is offered on both a call (buy) and put (sell) basis, with each type, like SET50 Index Futures, issued in four series. There are 11 strike prices for each series.
Trading information on SET50 Index Options is available on television and in the newspapers. For more details on this exciting development, please visit TFEX’s website at www.tfex.co.th or www.futures-society.com, or contact any TFEX broker.