Thailand Futures Exchange PCL (TFEX)’s 2018 derivatives trading volume
surged 31 percent from the previous year to 104.42 million contracts, with an average of 426,213 contracts per
day, while investor trading accounts rose by 21,947. TFEX prioritizes key areas in 2019 ranging from products and
services enhancement, investor base expansion in major cities across the
country through digital marketing and education, and boosting trading liquidity.
TFEX Managing
Director Rinjai Chakornpipat said that in 2018 TFEX recorded growth in both
trading volume and investor base. Stock Futures and
SET50 Futures gained the most popularity, dominating 94 percent of the total
trading volume in 2018, as investors utilized the products as alternative
investment to enhance returns and manage risks amid the volatile stock market
in 2018. TFEX’s trading accounts at end-2018 rose by 15 percent or 21,947 accounts from a year earlier
to 168,506.
Overall, Stock
Futures was considered the most active in 2018, representing 53 percent of the
total trading volume, followed by SET50 Futures at 41 percent, Gold Futures at
4 percent and others making up for 2 percent. According to investor breakdown by trading volume, retail
investors accounted for 51 percent, institutional investors at 36 percent, and
foreign investors at 13 percent. At end-2018, the open interest numbered 2,440,223 contracts.
“Last year TFEX has collaborated with members on education and
marketing for investors as well as enhanced trading liquidity through market
making program. In addition, TFEX rolled out Gold
Online Futures; coordinating with clearing house to accept securities as
collateral; and promoting cooperation on rubber futures between rubber
entrepreneurs and TFEX members,” Rinjai added.
For 2019, TFEX will
further enhance its products to better suit investors’ demand, and to boost
trading liquidity of the existing products, particularly in SET50 Futures,
SET50 Options and Stock Futures. In addition, TFEX
will explore for daily delivery of Gold-D, enhance USD Futures and RSS3D Futures’ delivery services, add
more underlying stocks for Equity Futures and explore on extending trading
hours of Currency and Gold Futures. Moreover, TFEX
will continue to expand investor base nationwide using digital education to
reach boarder groups of investors.
Interested
investors, please contact TFEX’s members; and for general information, please
visit www.TFEX.co.th or call SET Contact Center at tel: (66) 0 2009 9999.