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SET group aims to (1) be domestic champion by being the most preferred listing, trading, and post-trade processing
venue of Thai securities, (2) become investment hub of the Greater Mekong Subregion, (3) be a key player in promoting and
benefiting from ASEAN asset class, and (4) connect with global alliances and networks.
Business competition
According to financial liberalization and capital market linkage over the globe, SET group operates under highly
competitive environment although SET group is the only stock exchange in Thailand. Companies looking for fund can raise it
through other exchanges abroad; meanwhile, investors can choose to invest in other exchanges for the benefits of higher
investment return and portfolio diversification. In addition, other exchanges can develop similar or substitute investment products
to ours to attract both Thai and non-Thai investors.
Currently, exchanges abroad continually develop new IT system to meet and be flexible to limitless market demand
and achieve flawless execution. They also build global trading network and develop services for new trading order type to
attract investors.
Furthermore, there are new types of competitors that have grown abroad and are possible to expand to Thailand
in the future, e.g., Alternative Trading System (ATS) and order internalization. Merger and acquisition trend among global
exchanges during past 4-5 years is also possible to affect SET group’s competiveness in the long run.