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Business competition
Due to financial liberalization and capital market
linkage over the world, 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 at their own preferences. In addition, other
exchanges can develop similar or substitute investment
products to ours to attract both Thai and international
investors.
Furthermore, new types of competitors are prominent
abroad and are possible to expand to Thailand from
now on, e.g., Alternative Trading System (ATS) and
order internalization process could affect SET group’s
competiveness in the future once they are allowed to
enter the market.