Date/Time | 21 Sep 2020 17:19 |
Subject | TFEX News :SET and TFEX resumes normal "short selling and ceiling & floor" rules from October 1 |
Product | TFEX |
Full Detailed News | Download News |
TFEX News 64/2020 September 21, 2020 SET and TFEX resumes normal "short selling and ceiling & floor" rules from October 1 BANGKOK, September 21, 2020 - The Stock Exchange of Thailand (SET) will resume the normal rules on short selling price rule with zero plus tick and +/-30% ceiling & floor limit. Whereas, Thailand Futures Exchange (TFEX) will also reapply the +/-30% daily price limit rule, effective from October 1, 2020 after the temporary rules end their effectiveness at September 30, 2020. As the market volatility has moved back to the normal level, SET and TFEX will resume using the normal rules, effective from October 1, 2020 onwards. Summary of normal rules SET and Market for Alternative Investment (mai) Short Selling: Normal Zero Plus Tick (using the price equal to or higher than the last trading price) Temporary Uptick (using the price higher than the last trading price) Ceiling & Floor: Stocks / Investment Units / DR / ETF / Warrant / DW / TSR, Normal +/- 30% Temporary +/- 15% Foreign share, Normal +/- 60% Temporary +/- 30% Note: Ceiling & Floor of Warrant / DW / TSR is set at +/-30% of the closing price of the underlying asset on the previous business day multiplied by the conversion rate. TFEX Daily Price Limit SET50 Index Futures / SET50 Index Options / Sector Futures / Single Stock Futures, Normal +/- 30% Temporary +/-15% Note: Daily Price Limit of SET50 Index Options is set at +/-30% of the closing price of SET50 Index on the previous business day. ______________________________________________________________________