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Thailand Clearing House Co., Ltd.
Thailand Clearing House Co., Ltd. (TCH), a subsidiary of The Stock Exchange of Thailand (SET),
was established on August 9, 2004 to clear and settle derivatives trading. On February 15, 2010,
SET transferred the Securities Clearing and Settlement Unit from Thailand Securities Depository
Co., Ltd. (TSD) toTCH. At present, TCH’s service is being the center for clearingand settlingof securities
tradedonSET,mai, BEXandTFEX. As such, there is a clear separationof operations andmanagement
between TCH and TSD, reducing the cost of managing risk and placing collateral, thus bringing
the Thai capital market’s post-trade services to be more in line with international standards.
Operations
TCH’s most important role is to be the center of clearing
and settling financial products in the Thai capital market by
being the central counterparty and guaranteeing the clearing
and settlement of every transaction made on SET, mai, BEX
and TFEX. As such, it will reduce overall risks, strengthen
confidence among all market participants and promote the
Thai capital market development in the long run.
Registered capital and
organizational management
TCH has a total registered capital of THB 600 million, with
the SET holding 100% of the total registered capital.
Board of Directors
Kesara
Manchusree
Chairman
Dr. Pakorn Peetathawatchai Member
Supakit
Jirapraditkul
Member
Pataravasee Suvarnsorn
Managing Director