FTSE Selected By Stock Exchange Of Thailand (SET) To Take Over Calculation Of Its Domestic Indexes

FTSE Group ("FTSE") the global index provider, has been selected by the Stock Exchange of Thailand (SET) to take over the calculation of its domestic indexes. The partnership to be set up will allow FTSE to redesign and update the index series in line with international indexing standards. FTSE will undertake a full market consultation process with local investors and other index users, as the first stage of this project.

FTSE currently works with a number of stock exchanges, both internationally and in the Asia Pacific region. It has recently been selected by the ASEAN group of exchanges to design and calculate the first pan-ASEAN index, and earlier this year created a new domestic Malaysian series, the FTSE Bursa Malaysia Index Series. Worldwide, FTSE works with over 20 stock exchanges to bring its innovative and internationally recognised indexing skills to financial markets.

Paul Hoff, Managing Director, FTSE Asia Pacific said, "It’s a great honour to be selected by SET for this important step in its strategy to internationalise its financial markets. FTSE is committed to working with both local investors and the exchange, and looks forward to beginning consultation with all parties."

More information about FTSE and its suite of index products can be found at www.ftse.com