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Business overview
Products and services
The Stock Exchange of Thailand (SET) and its subsidiaries (SET group), is the only stock exchange providing
full-coverage exchange services in Thailand. SET group has core businesses as follow.
1. Securities
SET group provides securities trading service for equity and bond instruments. SET group provides listing service for
companies raising funds through SET and Market for Alternative Investment (mai) which are secondary markets for securities
trading in Thailand. As of December 31, 2012, there were 477 companies listed on SET and 81 companies listed on mai.
SET group also lists other types of securities, e.g., warrant, derivative warrants (DW) exchange traded fund (ETF) and bond.
Furthermore, SET group supervises investors’ trading activities and market participants to ensure that the market
is fair, orderly and transparent. SET group also regulates listed companies to disclose accurate, transparent and timely
information to investors and the public.
SET group is a clearinghouse for transactions taking place on SET, mai and Bond Electronic Exchange (BEX).
SET group serves as the central counterparty (CCP) for all trading activities on those exchanges. In addition to serving as CCP
for trading on the exchanges, SET group provides clearing and settlement services for over-the-counter bond trading.
SET group acts as a central securities depository for stocks and bonds, using a secure and efficient scripless system.
SET group provides services for securities deposit, withdrawal, transfer, pledge and revocation. Investors can conduct these
transactions through depository participants.
2. Derivatives
SET group operates a derivatives market that trades derivatives products of which underlyings include securities
and commodities, e.g., index, stock, gold, silver, oil, currency and interest rate. SET group also supervises investors’ trading
activities and market participants to ensure that the market is fair, orderly and transparent. In addition, SET group is a
clearinghouse for trading transaction occurring in the derivatives market.
3. Technology services
SET group provides both front and back member services, e.g., Front Office Service Bureau (FSB), Internet trading
system and Back Office Service Bureau (BSB). These services help market participants to expand their business with an
economy of scale and to shorten their development time for new products and services.
In addition, SET group provides trading market data and listed companies’ information for data vendors and investors
so that investors can utilize them for investment decisions.
4. Registrar services
SET group acts as a registrar for stocks and offers services which mainly cover the functions of preparing and
maintaining the Register Book that contains correct and complete information. Our services also cover managing information
of shareholder benefits and executing registrar services with a direct linkage to the Securities Depository Center.
Business operation of SET Group
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