The Thailand Futures Exchange pcl (TFEX), under The Stock Exchange of Thailand group, reveals that its board has approved four current precious metal-related members to become full members, allowing them to trade all types of derivatives products on the TFEX from June.
The four new full members, which are currently allowed to trade only gold and silver futures, are GT Wealth Management Co.,Ltd., Hua Seng Heng Gold Futures Co.,Ltd., MTS Gold Futures Co.,Ltd, and Ausiris Futures Co.,Ltd. The first three will expand their services to equity, energy and interest rate products from June 18, while Ausiris Futures will start on June 25.
“This allowance will encourage all brokers to improve their services to effectively cover investors demand. It also greatly benefits to customers of brokers, enabling them to invest in other derivatives products broadly,” said Kesara Manchusree, Managing Director of TFEX.
To ensure that they can provide full service to investors, the four members have completely implemented system test, human resource preparedness, risk management, and trade services, Kesara added.
For USD Futures trade, the four new full members are waiting for getting licenses to trade the currency futures from Ministry of Finance.
For more information of member list, please visit www.TFEX.co.th.