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Business operation of SET group
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Annual Report
2015
Vision and mission
TheStockExchangeofThailand (SET) and its subsidiaries (SETgroup) have thevisionto“empower
business and investors throughour strengths tomatch the right financial opportunities.” To support
such vision, the SET group sets up the mission to 1) Expand business issuer and investor base by
satisfying their financial needs and strengthening intermediaries for mutual growth and success,
2) Offer a wide range of attractive products and services to create value and match 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 aimto 1) be domestic champion by being themost 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 fromASEAN asset class, and 4) connect with
global alliances and networks.
Business overview
TheSETgroupistheonlystockexchangeprovidingfull-coverage
exchange services and promoting capital market development
in Thailand. The SET group has core businesses as follows:
Exchange business
1. Securities market
Listing and trading:
The 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, 2015, there were 517 companies listed on
SET and 122 on mai along with 493 bond products listed on
BEX. The SET group also lists other types of securities covering
warrants, derivative warrants (DW), exchange-traded funds
(ETF), real estate investment trust (REIT) and infrastructure
fund (IFF).
Clearingand settlement:
The SET group is a clearing house
for transactions taking place on SET, mai and BEX. The 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, the SET group provides clearing and settle-
ment services for over-the-counter bond trading.
Depository:
The SET group acts as a central securities
depository for stocks and bonds, using a secure and efficient scripless
system. The SET group provides services for securities deposit,
withdrawal, transfer, pledge and revocation. Investors can conduct
these transactions through our depository participants.
Regulation:
The SET group supervises trading activities of
all market participants to ensure that the market is fair, orderly and
transparent. The SET group also requires listed companies to disclose
accurate, transparent and timely information to investors and
the public.