SET Annual Report 2014

Annual Report 2014

Vision/mission and business goal

The Stock Exchange of Thailand (SET) and its subsidiaries (SET group) has a vision to “empower

business and investors through our strengths to match the right financial opportunities”. To

support such vision, SET group sets up our mission to 1) Expand business issuer and investor

bases by satisfying their financial needs and strengthening intermediaries for mutual growth

and success, 2) Offer awide range of attractive products and services to create value andmatch

financial opportunities across different segments of business and investors, 3) Operate with

flawless execution according to international standards to ensure efficiency, effectiveness,

flexibility and global connectivity and 4) Inspire staff to perform up to their fullest potential

and create a corporate culture that aims at achieving excellence inmatching the right financial

opportunities for business and investors.

We aim to 1) be domestic champion by being the most preferred listing, trading, and

post-trade processing venue of Thai securities, 2) become a connector to the Greater Mekong

Subregion (GMS), 3) be a key player in promoting and benefiting from ASEAN asset class and

4) connect with global alliances and networks.

Business operation

of SET group

Business overview

Exchange business

1. Securities market

Listing and trading:

SET group provides

securities listing and trading service for equity and bond

instruments through SET and Market for Alternative

Investment (mai) for equity and through Bond

Electronic Exchange (BEX) for bond. As of December

31, 2014, there were 502 companies listed on SET

and 111 on mai along side with 569 bond products

listed on BEX. SET group also lists other types of

securities, e.g., warrants, derivative warrants (DW),

and exchange-traded funds (ETF).

Clearing and settlement:

SET group is a

clearinghouse for transactions taking place on SET, mai

and 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.

Depository:

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

The Stock Exchange of Thailand (SET) and its

subsidiaries (SET group), is the only stock exchange

providing full-coverage exchange services and

promoting capital market development in Thailand.

SET group has core businesses as follows: