TFEX Managing Director Ms. Kesara Manchusree announced that TFEX met with all of its 20 brokers yesterday (Nov. 23) to ensure that everyone had a clear understanding of the processes involved in the new market’s inauguration, including TFEX’s marketing and public relations plans to draw investor interest.
The first trading day for TFEX will mark both the beginning of The Stock Exchange of Thailand’s 4th decade and when both investment and risk management products were introduced to the Thai market.
“TFEX and the Thailand Clearing House (TCH) have been preparing for and working closely with associated parties to ensure that the inauguration can be made on April 28, 2006, as scheduled. All essential processes related to the product launch have progressed significantly,” Ms. Kesara said.
The market’s derivative-related rules and regulations will be ready by end-2005.
TFEX and TCH have tested the trading and clearing and settlement systems and will further co-test them with the brokers starting from mid-January 2006. Training of brokers’ staff members will be conducted regularly up to launch date.
