Published On: Fri, May 2nd, 2014

TFEX Welcomes Apple Wealth Securities As Derivatives Brokerage From May 6

Kesara Manchusree, President, SET

Kesara Manchusree, President, SET

Thailand Futures Exchange PCL (TFEX), under the Stock Exchange of Thailand group, welcomes Apple Wealth Securities pcl (ticker symbol “APPLE”) to operate as derivatives brokerage from May 6, 2014 onwards, after it has passed the rigorous system test.

TFEX Managing Director Kesara Manchusree said Apple Wealth, formerly Asia Credit Securities, had reactivated its derivatives brokerage operation with full readiness. The firm had fulfilled all the criteria set by TFEX and Thailand Clearing House Co., Ltd. (TCH) Therefore TFEX and TCH had given the green light to start its derivatives brokerage and clearing services.

For USD futures brokerage service, it has already applied for the license from the Bank of Thailand to trade the currency futures, which is expected to be ready soon.

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