Stock Exchange of Thailand
Tel : 66.2 229 2000 #2354, 2140-2
Fax : 66.2 654 5400
Representatives
Chairman : Mr. Sompol Kiatphaibool
President : Mr. Charamporn Jotikasthira
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Types of Securities Traded |
Name of Trading Systems (cash and derivatives) |
Trading Hours |
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- Common Stocks - Preferred Stocks - Warrants - Unit Trusts - Non-Voting Depository Receipt - Derivative Warrants - Exchange-Traded Fund (ETFs) - Corporate Bond - Government Bond - Bond-related Fund - Derivatives · SET50 Index Futures · SET 50 Index Options · Stock Futures · Gold Futures · Silver Futures · Oil Futures · Interest Rate Futures |
- Equities and Bond (retails market): "Advance Resilience Matching System" or "ARMS"
- Bond (wholesale market): Fixed Income and Related Securities Trading System (Firsts)
- Derivatives: Screen-based (OMX) |
Equities and Bonds (Mon.-Fri.) - Morning session: 10:00-12:30 - Afternoon session: 14:30-16:30
Derivatives: (Mon.-Fri.) - Morning session: - Afternoon session: 14:30-16:55 - Night session*:
*Currently only gold and silver futures are allowed to trade during night session |
Supervisory Body
Securities & Exchange Commission (SEC)
Name of Clearing & Settlement Organization
Thailand Clearing House (TCH) acts as a clearinghouse for all securities and derivatives
Settlement Cycle
- T+3 for equities
- T+2 for bonds
- T+1 for derivatives
Name of Central Securities Depository
Thailand Securities Depository Co. Ltd. (TSD) acts as the central securities depository and the registrar for stocks and bonds
Commissions on Transactions levied by Exchange
A. Fees collected from member company by Exchange
1) Admission Membership fee*
- THB 10 m plus 0.025% of monthly securities trading value throughout the period of 3 years, provided that the total amount shall not be less than THB 50 m
2) Trading Fee
- THB 50,000 plus 0.005% of monthly securities trading value
B. Commission fees collected from buyers/sellers by member company*
Fully negotiable (rates effective from January 1, 2012)
* the rates are specified by the SET and exclude clearing, settlement, and depository
Taxes on Dividends, Interests
Capital gains :
Tax-free for individual investors, but 15% witholding tax for foreign juristic investors *
Dividends :
10 % witholding tax
Income (capital gain and interest income from investment in debentures and bonds) :
15 % witholding tax
Note: *Foreign juristic investors are defined as institutions established under foreign law and which do not operate in Thailand
For more information, please visit the following link: http://www.set.or.th/en/regulations/tax/tax_p1.html
2011 Share ownership thresholds (%)
According to the Securities and Exchange Act B.E. 2535 regarding Acqusition of Securities for Business Take-overs,
- the acquisition or disposal of the securitites for any multiple of 5% of total number of securities sold must be notified the Securities and Exchange Commission (SEC) within the next business day each time of the acquisition or disposal of the securities; OR
- the acquisition in business up to 25% or more of the total number of securities sold requires the tender offer for the purshase of securities.
Short selling (Yes / No)
Yes
Short selling conditions (if any)
Currently, the short sale is allowed for one hundred securities included to the calculation of SET 100 Index.