Annual Report 2017

90 Annual Report 2017 (Unit: THB million) 2017 2016 Increase /(Decrease) Amount % Revenue - Securities Market 2,502 2,526 (24) (0.95) Trading fees 1,223 1,282 (59) (4.60) Listing fees 576 539 37 6.86 Clearing and settlement fees 337 339 (2) (0.59) Depository fees 322 290 32 11.03 Membership fees 44 76 (32) (42.11) Key market indicators SET Index at the end of the year (point) 1,754 1,543 211 13.67 Daily average trading value - Equity (THB million) 50,114 52,526 (2,412) (4.59) Average market capitalization (THB trillion) 16.36 14.33 2.03 14.17 No. of listed securities at the end of the year (securities) 2,286 2,016 270 13.39 (Unit: THB million) 2017 2016 Increase /(Decrease) Amount % Revenue - Derivatives Market 519 584 (65) (11.13) Trading fees 332 368 (36) (9.78) Clearing fees 144 159 (15) (9.43) Membership fees 43 57 (14) (24.56) Key market indicators Daily average trading volume - Derivatives (contracts) 324,216 285,189 39,027 13.68 1.1.1 Securities Market Operating revenue from securities market dropped by THB 24 million or 0.95%, compared to 2016. This decrease mainly resulted from the drop in trading fee as decreased in the daily average trading value. In addition, membership fees also decreased because there were no new members during the year. However, listing fees and depository fees increased by THB 37 million and THB 32 million, respectively in proportion to the increase of the number of listed securities and increase of average market capitalization. 1.1.2 Derivatives Market Operating revenue from derivatives market dropped by THB 65 million or 11.13%, compared to 2016, resulting from the drop in daily average trading volume of key derivatives, especially from SET50 Index Futures. Most of the trading volume was from single stock futures with fewer fees than the key derivatives.