FUTURES
Thin trading on TFEX predicted
- Published: 24 Nov 2012 at 00.00
- Newspaper section: Business
Trading on the Thailand Futures Exchange (TFEX) for the rest of this year is expected to be limited, as market factors have been deemed unpredictable.
Kidakan Suwanathama, the senior vice-president for derivatives at Phillip Securities, said the fear of the US falling off a "fiscal cliff" and the seemingly endless euro-zone public debt crisis are influencing sentiment.
"When the capital market has no clear direction, trading volume in the futures market is relatively thin," he said.
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