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The Thailand Futures Exchange PCL
(TFEX), a subsidiary of The Stock Exchange
of Thailand (SET), was established on May
17, 2004 , as a derivatives exchange under
the Derivatives Act B.E. 2546 (2003).
TFEX received a license to be a center of
derivatives trading under supervision of
the Securities and Exchange Commission
(SEC) on February 11, 2005.
Dr. Sathit
Limpongpan
Chairman
Kesara
Manchusree
Vice Chairman
Charnchai
Kongthongluck Member
Dr. Pakorn
Peetathawatchai
Member
Pattera
Dilokrungthirapop Member
Dr. Somjin
Sornpaisarn
Member
Suthep
Peetakanont
Member
Dr. Rinjai
Chakornpipat
Managing Director
Thailand Futures Exchange PCL
Board of Directors
Registered capital and
organizational management
TFEX has a total registered capital of THB 100
million (USD 2.91 million), with the SET holding 100%
of that amount.
Operations
TFEX trades derivatives based on equities, bonds,
and other consumer products. By law, TFEX is allowed
to trade futures, options and options on futures, including
those with the following securities as underlying
products:
• Indices of securities, including equities
• Debt instruments and interest rates
• Non-agricultural commodities and other financial
indices (e.g., gold, crude oil or foreign currencies)
TFEX’s objective is to benefit investors and related
parties by:
Being a center of derivatives trading, meeting
international standards, including on efficiency, and
helping individual and juristic investors effectively
use the products as hedging instruments.
• Offering alternative investments in a trading system
that is fair, transparent and liquid according to
international standards, including building
confidence in the clearing and settling of every
transaction made on TFEX, as TFEX has the Thailand
Clearing House Co., Ltd., which is very stable,
as its counterparty.
• Providing investors with information that reflects
the expectations of market participants as to
future prices of securities. Investors and enterprises
will thus be able to plan their operations more
effectively.
Subsidiaries