Nearly 47 years after its inception, the Stock Exchange of Thailand (SET) is transforming its business model to expand its product range and build a more inclusive capital market that engages and benefits a wide array of investors.
Pakorn Peetathawatchai, president of the Stock Exchange of Thailand.
Pakorn Peetathawatchai, president of the SET, said liquidity, a diverse set of products and facilitative infrastructure are the SET’s key growth drivers. The bourse has been the main fundraising source for the private sector and remained the region’s most liquid stock market for seven consecutive years.
NEW MARKETS
The transformation aims to enhance the SET’s competitiveness in both traditional and digital markets. The bourse plans to launch a variety of new products including depositary receipts (DRs), or a negotiable financial instrument that allows investors to…