Thai bourse increases futures trading volumes and plans gold and stock futures
For the first half of 2008, Thailand Futures Exchange PCL (TFEX) recorded an average daily trading volume which rose by an impressive 122% year-on-year (y-o-y). The exchange expects the increase of turnover as there are lots of interest in gold and stock futures, TFEX’s new products.
TFEX and related agencies have concentrated on investor base expansion despite market conditions and external factors being far from favorable.
Increased trading volume and investor numbers are due to the expansion of trading channels and marketing campaigns, TFEX Managing Director Kesara Manchusree said.