Phillip Securities (Thailand) confident of becoming the first and only firm to handle advanced derivatives trading via Internet
Phillip Securities (Thailand) PLC is confident in its ability and expertise in handling electronic derivatives trading and believes to be the first and only securities company in Thailand to be able to handle transactions during the first day of operation of Thailand Futures Exchange on April 28 this year.
Company executive reveals that futures trading via the Internet is the most popular method overseas. The futures market is becoming a new and attractive investment alternative for international investors.
Suchai Suthasthamkul, Managing Director of Phillip Securities (Thailand) PLC, disclosed that following the approval of membership by Thailand Futures Exchange PLC or TFEX to conduct futures trading scheduled to commence on April 28 this year, the company was deemed ready to handle transactions starting from the first day due to advanced preparation and system testing with TFEX since middle of 2005. ‘We have passed all the tests and we have qualified personnel to provide useful advice to investors,” he said.