Thai Market Makers For SET50 Index Futures Ready On Sept 18

Thailand Futures Exchange PCL (TFEX) appointed three market makers—KGI Securities (Thailand) PCL, Phatra Securities PCL and Phillip Securities (Thailand) PCL—to manage liquidity of the SET50 Index Futures starting September 18.

“The market makers will send in their bid/offer quotes on SET50 Index Futures contract series to help maintain liquidity of each series. This helps assure investors of trading liquidity, which is vital to their investment activities,” TFEX President Ms. Kesara Manchusree reported.

“Providing market makers is essential to market development, as it not only boosts liquidity, but will also strengthen investor confidence and increase the market’s attractiveness. These will be drivers to the Thai derivatives market and the overall capital market,” she concluded.