TFEX hits 79 million contracts, to focus on quality improvement, product and service developments in 2018

Stocks and Financial Services Press Releases Friday January 5, 2018 09:01
Bangkok--5 Jan--SET
  • Total trading volume rose to 79 mln contracts in 2017
  • Daily average volume up 13.7 pct to 324,217 contracts
  • Stock Futures as main growth driver

Thailand Futures Exchange PCL's (TFEX) 2017 derivatives trading volume continued to increase to 79 million contracts, or an average of 324,217 contracts per day, a 13.7 percent increase from the previous year, while investor trading accounts rose by 17,275. For 2018, TFEX focuses on improving quality of products and services and developing channels to serve investor needs and boosting trading liquidity.

TFEX Managing Director Rinjai Chakornpipat said that Stock Futures, which gains high popularity, dominated 60 percent of the total trading volume in 2017 as investors had better understanding in the product's features and were able to utilize the product to enhance investment efficiency. Other active products were SET50 Futures accounting for 33 percent and Gold Futures making up for 5 percent. TFEX's trading accounts at the end-2017 numbered 146,559, up 17,275 from the previous year.

According to investor breakdown by trading volume, retail investors accounted for 51 percent, institutional investors at 38 percent, while foreign investors at 11 percent. At the end of 2017, the open interest jumped by 46.5 percent from the previous year to 2,813,036 contracts.

"TFEX has collaborated with members on marketing and education activities. Market makers also help enhance liquidity for the existing products including Stock Futures and SET50 Options as well as the new product, Gold-D, which was rolled out in September. TFEX also extended trading hours for all gold futures products to 11:55PM to help investors better manage risks and adjust their investment strategy to catch up with major gold markets," Rinjai added.

For 2018, TFEX emphasizes in quality to bolster trading liquidity of the existing products, particularly in SET50 Options and RSS3D Futures, and developing products and services to meet investor demand and enable them to better manage risks including improving physical delivery feature for Gold-D, conducting a feasibility study to improve dollar exchange service for USD Futures, widening underlying assets of Stock Futures, and promoting Thailand Clearing House's services by allowing investors to use securities as collateral. Moreover, TFEX continues to expand quality investor base by enhancing investor understanding on products, strategy and trading concepts through channels and tools deemed to be suitable with each customer group.


Latest Press Release

Allianz to become Worldwide Olympic Insurance Partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the "Worldwide Olympic Partner" (TOP) Programme in 2021. Through this sponsorship agreement, Allianz will work with the IOC to provide innovative and...

BYFX Global Co., Limited Announces Business Launch

BYFX Global Co., Limited (BYFX Global) today announced the launch of its retail and institutional business -- offering clients around the globe top-tier liquidity and online OTC trading for Spot FX and Spot Bullion[1]. Striving towards financial...

2018 Robot World to Suggest Direction for the Fourth Industrial Revolution

Showcasing the latest robot technologies from around the world, the 2018 Robot World will be held at KINTEX, Korea from October 10-13, 2018. The Robot World (eng.robotworld.or.kr/wp), celebrating its 13th anniversary this year, consists of four main...

ชวนผู้ประกอบการเรียนรู้เส้นทางความสำเร็จของสตาร์ทอัพแอปพลิเคชัน เคลมดิ อังคาร 25 ก.ย. นี้

ตลาดหลักทรัพย์ฯ ขอเชิญผู้ประกอบการ Social Enterprise (SE) SMEs และ Startup ร่วมอบรมครั้งพิเศษในโครงการ SET Social Impact Gym หัวข้อ "Fintech vs Social Startup... Lesson Learned..." พบกับสตาร์ทอัพเจ้าของแอปพลิเคชัน "เคลมดิ" (Claim Di)...

3650 REIT and Silverfern To Collaborate on US CRE Private Debt

3650 REIT ("3650 REIT") and The Silverfern Group ("Silverfern") today announced a collaboration for bridge and event-driven lending secured by U.S. commercial real estate ("CRE") to be marketed as the Silver3TG Investment Program...

Related Topics