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The exchange has begun developing Electronic
Listing Platform or e-Listing system since 2012
to make it more convenient for listing application.
At the beginning, SET developed the listing system
of derivatives warrants (DW). The system shortened
the listing process to three from 15 working days.
The e-listing system also prevents risks from human
errors while DW application approval can be taken
online as well as via mobile phone application. These
help reduce the use of paper and enhancing
efficiency in listing process.
Resulting from this effort, the e-Listing system
received the top award at Thailand ICT Excellence
Awards 2013, organized by Thailand Management
Association (TMA) under Core Process Improvement
Projects Category. In 2014, SET developed “SMART
Listing” to improve the listing process of equity
and warrants. There is also a monitoring system for
e-listing to ensure its efficiency and security.
In 2015, SET will further develop e-listing to cover
all products and optimize the use of trading information
by enabling new and modern technology. As a result,
SET received Outstanding Data Provider Award 2014
from the Financial Information Service Division
(FISD) organized by the Software & Information
Industry Association (SIIA). The association named
the winner by asking its members, who are data
vendor of banks and financial institutions worldwide,
to vote for the stock exchange with outstanding
performance in dissemination of financial and
investment information, such as transaction data
and listing company information, via modern system
to investors and related parties in the capital markets
worldwide.
The mentioned implementation reflects the SET’s
determination in internationalization to enable the
data users worldwide to access to SET information
conveniently and timely. In 2015, the exchange
continues to develop the system in aiming to
become the digital exchange by using IT in every
operational process to cater to stakeholders’ demand
and in line with rapidly-changing technology
trend.
Outstanding
characteristics
of SMART
listing
•
Elimination of duplicating procedure in preparing and
delivering documents
•
Reduction of operational cost in preparing documents
•
Shortcut of new listing duration
•
Extension of service period (6.30 a.m. - 10.30 p.m.)
•
Online status tracking
2
Technology efficiency improvement for business development