TSD to join fixed-income registration business | Bangkok Post: business

Business > News

TSD to join fixed-income registration business

- +

Thailand Securities Depository Company (TSD), a subsidiary of the Stock Exchange of Thailand (SET), will join the fixed-income registration business to support securities companies competing with foreign brokers in Asean. 

Currently, TSD has three main businesses including settlement and clearing services, a depository, and registration for equity and derivatives. In the fourth quarter, the company entered the fixed-income market by offering a scripless depository service for government saving bonds worth a total of 80 billion baht.

"The entry into the fixed-income market will aid our brokers' ability to compete within the Asean Economic Community, and we are also using the SET's existing infrastructure more efficiently," said Chanisa Chutipat, the SET's senior vice-president and head of Market Operation Division.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments