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Subsidiaries
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Thailand Futures Exchange PCL
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 the supervision
of the Securities and Exchange Commission (SEC) on February 11, 2005.
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, etc.)
TFEX’s objective is to benefit investors and related
parties by:
Being a center of derivatives trading, meeting international
standards, especially efficiency, and helping individual and
juristic investors to 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.
Registered capital and
organizational management
TFEX has a total registered capital of THB 100 million
(USD 2.91 million), 100% wholly owned by SET.
Board of Directors
Dr. Chaiyawat Wibulswasdi
Chairman
Kesara
Manchusree
Vice Chairman
Charnchai Kongthongluck Member
Dr. Pakorn Peetathawatchai Member
Pattera
Dilokrungthirapop Member
Dr. Santi
Kiranand
Member
Dr. Somjin Sornpaisarn
Member
Suthep
Peetakanont
Member
Dr. Rinjai Chakornpipat
Managing Director