ASEAN KEY DESTINATIONS
TFEX wins 2015 FOW award for Asia's Best Technology Innovation
BANGKOK, September 24, 2015 - Thailand Futures Exchange PCL (TFEX) today announced that TFEX has been selected "Best Technology Innovation by an exchange" for outstanding trading system innovation, at the 2015 Futures and Options World (FOW) Awards for Asia event last night in Singapore.
TFEX Managing Director Rinjai Chakornpipat said that since 2014 TFEX has implemented a new derivatives trading platform with a state of art technology from Cinnober, a Swedish leading technology vendor, to enhance our market and deliver better value to our stakeholders. The new trading platform allows for low latency execution, facilitating multi-asset class of underlying, providing shorter time to market for introducing new products and supporting growing business volume. In the same time, the clearing house has adopted a new clearing platform, developed by Korea Exchange, to enhance its operational efficiency,
facilitate multi-market and multi-currency products as well as increase risk management capacity.
"It is a great honor to receive this award as this has truly reflected our effort and determination to provide world-class services to our stakeholders." stated Rinjai.
TFEX is a subsidiary of the Stock Exchange of Thailand (SET) and is licensed to operate as derivatives exchange in Thailand. TFEX offers broadest span of derivative products and its key products include SET50 Futures, Single Stock futures and Gold Futures. In addition, after the completion of merger with
Agriculture Futures Exchange of Thailand, TFEX will start offering agricultural futures, starting with RSS3 Futures. All trades in TFEX are cleared and guaranteed by its sister company, Thailand Clearing House (TCH). TCH is the Central Counterparty Clearing House (CCP) providing clearing and settlement for
equity and derivatives in Thailand.
As of 24 September 2015 Unit: M.Baht
Type Buy Sell Net
Institution 4,416.75 9,069.62 -4,652.88
Proprietary 4,480.54 4,484.18 -3.64
Foreign 6,957.16 9,324.03 -2,366.87
Individual 26,432.43 19,409.05 7,023.38
Total Trading Value 42,286.88 M.Baht
Vietnam index falls 0.4 pct, volume at 1-week low
Vietnam's benchmark VN Index .VNI closed down 0.43 percent on Thursday, the second consecutive fall after three straight gains, with most shares moving mixed in volatile trade.
Several blue chips fell, including top insurer BaoViet Holdings BVH.HM with a 2.04-percent decline after four gains in a row.
Military Commercial Bank MBB.HM ended up 0.65 percent. The lender said on Thursday it was looking for a foreign strategic partner to buy maximum 20 percent stake and may see net profit next year rising 7-10 percent.
Technology grew 1.71 percent, making it the best performing sector, followed by utilities and health care, each advancing 0.19 percent, while the telecommunications services sector is the worst performer, falling 2.86 percent.
Volume hit 107.03 million shares, the lowest since last Thursday.
Here is a snapshot of the VN Index .VNI at the close
VN Index 570.25
PREV. CLOSE 572.72
% CHANGE -0.43%
SE Asia Stocks - Fall; Thai SET index trims losses
Shares in the Philippines and Vietnam fell on Thursday in line with world equities while the Thai benchmark recouped some early losses on gains in Siam Commercial Bank and Siam Cement.
The Thai SET index .SETI ended the day marginally lower at 1,372.35, its lowest close since Sept. 15.
Shares in Siam Commercial Bank SCB.BK , Thailand's third-largest lender by assets, ended up 4 percent while Siam Cement SCC.BK rose 0.9 percent. Both shares had fallen in early trade.
The late rebound came after Siam Commercial Bank sold its stake in Siam Cement, raising 4.47 billion baht ($123.17 million) toward covering provisions for loans to struggling steel firm Sahayiriya Steel Industries SSI.BK .
The Philippine index .PSI was down 0.1 percent at 6,917.55, its lowest close since Sept. 11. Vietnam's index .VNI ended down 0.4 percent at its lowest close since Sept. 18.
World shares fell for the fifth day running on Thursday, sliding back towards two-year lows on growing unease about global growth, while emerging markets continued to gnaw at investor confidence.
Stock markets in Singapore .STI , Malaysia .KLSE and Indonesia .JKSE were all closed on Thursday for a public holiday, resuming on Friday.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Bangkok 1372.35 1375.17 -0.21
Manila 6917.55 6926.91 -0.14
Ho Chi Minh 570.25 572.72 -0.43