Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >>   Daily News  >>   Thailand News  >> Capital Markets  >>   Thai bourse says TCH to raise margins for Songkarn holiday trade and update margin rates

NEWS UPDATES Asean Affairs   9 April 2013  

Thai bourse says TCH to raise margins for Songkarn holiday trade and update margin rates
 

Bangkok, April 5, 2013 - The Thailand Futures Exchange PCL (TFEX), under The Stock Exchange of Thailand group (SET), reveals Thailand Clearing House Co., Ltd. (TCH) will temporarily raise trading margins, so-called Super Margin, for oil, silver, and USD futures  ahead of the Songkarn Thai new year holiday, effective on April 12.
 
TCH has also announced new trading margins for some derivatives products, effective from April 11, as a normal practice following market volatility. (The new rates will be posted on www.thaiclearing.com/en/derivatives/news.html).
 
TFEX Managing Director Kesara Manchusree said: "Investors holding contracts of oil, silver, and USD futures on April 12 should examine their margin adequacies with brokers. However, the margin requirements will return to normal after the week-long holiday on April 17 when the market re-opens. Thus, investors can withdraw their excess margins on that date."
 
TCH requested investors to prepare well in advance for the long holiday during which foreign markets will operate normally. Thus, Super Margin has been adopted for the three products to cope with risks from price volatility that may occur while the foreign markets remain open, resulting in the increases of initial margin (IM) and maintenance margin (MM) on April 12.
 
The IM for silver futures will be raised to THB 9,880 and its MM will be THB 6,916 per contract, while the IM for oil futures will be THB 19,380 and its MM will be THB 13,566 per contract. For USD futures, the IM will be increased to THB 684 and the MM will be THB 478.80 per contract.


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below



 
Today's  Stories    9 April 2013   Subsribe Now !
• ASEAN Launch a Guidebook for Businesses and Investors Subcribe: Asean Affairs Global Magazine
• ASEAN-UN talks focus on Conflict Prevention and Preventive Diplomacy Asean Affairs Premium
• First Recipients of U.S.-ASEAN Fulbright Program Announced Today
• BURSA MALAYSIA SECURITIES INTRODUCES ‘GREEN LANE POLICY’ TO ENHANCE EFFICIENCY OF DOING BUSINESS FOR EQUITIES BROKERS
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Thai bourse says TCH to raise margins for Songkarn holiday trade and update margin rates
• Thai bourse supports Thai firms to produce CSR reports for sustainability disclosure
• President SBY Satisfied with ASEAN progress, Reconfirms Support to SG Minh Towards Achieving ASEAN Community
• President SBY Satisfied with ASEAN progress, Reconfirms Support to SG Minh Towards Achieving ASEAN Community
• Changi Airport enhances connectivity to Myanmar
Asean Analysis             25 March 2013   Advertise Your Brand
• Asean Analysis- March 25, 2013  
• Asean Weekly- March  22, 2013 Sponsor Our Events
Asean Stock Watch      9 April 2013 
• Asean Stock Watch- April 9, 2013  
• Asean Stock Watch- April 8, 2013  

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com