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Annual Report 2012
The Stock Exchange of Thailand (SET) has laid out 5 key business plan in 2013 which are in line with its vision
“Empowering business and investors through our strengths to match the right financial opportunities”.
1. Expand investor base
SET will continue to expand investor base, especially retail investors. In 2013, SET aspires to enlarge 96,600 equity
accounts (total of 797,326 equity accounts in 2012), and increase 22,000 derivatives accounts (total of 80,893 derivatives
accounts in 2012). Key target groups are (1) depositors by co-operating with commercial banks, i.e., Banker-to-Broker
project, (2) online users by communicating and educating via online channels, i.e., Online Investor Generation Campaign, and
(3) potential investors especially in major provincial cities by working jointly with brokerage firms, i.e., SET-TFEX events in
major provincial cities.
In addition, SET is committed to expanding domestic institutional investor base, especially provident fund through
employee-choice scheme. In cooperation with asset management companies, SET will educate the fund members on potential
higher return from equity investment and expects them to increase equity allocation.
2. Grow market capitalization
SET aspires to inflate market capitalization 120,000 million Baht in 2013. SET will seek to attract leading high
quality and well-known companies and property funds. SET will also introduce new types of securities to list on the exchange,
including Thai holding companies with core investment abroad, infrastructure fund and real estate investment trust (REIT).
Furthermore, SET will promote the usage of tools and instruments available in the capital market, i.e. warrant, stock
dividend and stock split, that match the financial needs of listed companies. SET targets that listed companies will raise
100,000 million Baht of fund in 2013.
3. Become the gateway to the Greater Mekong Subregion (GMS)
SET aims to become the gateway to GMS, which has strong economic growth and high demand for raising fund, by work
jointly with GMS exchanges for mutual benefits. SET will focus on
(1) developing GMS products and attracting GMS companies planning to raise fund, i.e., listing of Thai holding
companies with core investment in GMS, (2) developing linkage among GMS exchanges through ASEAN Trading Link, (3)
creating the linkage in post-trade system among GMS exchanges, (4) encouraging Thai brokerage firms and custodian banks
to expand their business to GMS, and (5) providing capital market education for professionals and regulators in GMS.
4. Develop new products and service platforms
SET will promote direct market access (DMA) and program trading by adapting rules and regulations as well as
upgrading risk management measures. SET will also implement latency management system for co-location. SET aims
to increase DMA and/or program trading to 10% from currently 7% of total trading value.
Additionally, SET will expand fixed-income business through providing registrar services for government savings bond
and developing collateral management.
SET Group business plan for 2013
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