News Detail

Date/Time 07 Jan 2020 19:45
Subject TFEX News :TFEX shows 2019 solid performance, pursuing quality growth further
Product TFEX
Full Detailed News Download News
                January 7, 2020

TFEX shows 2019 solid performance, pursuing quality growth further

BANGKOK, January 7, 2020 - Thailand Futures Exchange's (TFEX) achieved another 
year of growth in both market size and investor base in 2019. TFEX's 2019
trading volume was 104.5 million contracts with a daily average at 428,369
contracts. The open interest at the end of December 2019 was 3,330,230
contracts, a 36 percent increase from end-2018. In addition, the number of
derivatives trading accounts was recorded at 186,813, an increase of 18,307
accounts or 11 percent from the previous year.

TFEX Managing Director Rinjai Chakornpipat said in 2019, TFEX has made strides 
in developing products and services including adding new 19 underlying stocks
for Stock Futures to 110 in total, adding nine brokerage firms for USD Futures
trading, and improving margin calculation methodology for SET50 Options to
better align with international standard.

In 2019, Stock Futures was the most active product, accounting for 50 percent of
the total trading volume, followed by SET50 Futures at 41 percent and Gold
Futures at 7 percent. Gold products have seen an increase in market share
largely due to the popularity of Gold Online Futures and the increase in
volatility of gold prices last year. The trading volume of Gold Online Futures
increases six times from a year earlier from an average of 2,327 to 16,289
contracts per day. According to investor breakdown by trading volume, retail
investors accounted for 49 percent, institutional investors at 33 percent, and
foreign investors at 18 percent.

In 2020, TFEX plans to extend gold futures trading in night session until 3:00 
a.m. and cooperate with banks to introduce the US Dollar daily exchange services
based on USD Futures price, as well as exploring a new contract linked to
foreign underlying assets.

For more information, please visit or call SET Contact Center at 
tel: (66) 0 2009 9999.
This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand and Thailand Futures Exchange Pcl. have no responsibility for the accuracy and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.