Thai Futures Bourse Promotes Its SET50 Futures Monthly Contracts By Reducing Exchange Fees
The Thailand Futures Exchange PCL (TFEX), under The Stock Exchange of Thailand (SET) group launches a campaign to promote SET50 Futures monthly contract by reducing 80 percent of its exchange fees in the first half of 2013 for all participants, starting January 1st, 2013.
TFEX will reduce the trading and clearing fees to THB 10 per contract, from THB 50, for the four new contract months of SET50 Futures maturing in January (S50F13), February (S50G13), April (S50J13), and May (S50K13).
“The reduction will be for all investors trading these four new contract months of SET50 Futures. The campaign aims to reduce the trading costs for investors, encouraging them to utilize the contract months for managing their portfolios efficiently,” said TFEX Managing Director Kesara Manchusree.
Currently, SET50 Futures have six contract months, consisting of the three nearest consecutive months and the next three quarterly months, up from four contract months previously. The increase of the consecutive contract months enables investors to trade more efficiently and should provide investor with more tools to use with their short-term predictions, use spread trading strategy more widely, and mange their portfolios following market movements over both short and long periods.