Published On: Tue, Oct 12th, 2010

Thai Bourse Renews Agreement With NASDAQ OMX

The Stock Exchange of Thailand (SET) has renewed its agreement for NASDAQ OMX Group to continue supporting the integrated trading and clearing platform of Thailand Futures Exchange PCL (TFEX) for another five years. TFEX, a wholly-owned SET subsidiary, started trading in 2006.

“TFEX has experienced an impressive growth over the past few years, thanks in large part to our technology partnership with NASDAQ OMX. This partnership has enabled TFEX to provide efficient and reliable service to investors. Under the extended agreement, NASDAQ OMX will support TFEX in providing night trading sessions and new commodity-based products, enabling the SET to a wider variety of products and services to investors”, said SET President Charamporn Jotikasthira

“Extensions of existing agreements are the best proofs of concept that we as a technology partner can get. We are looking forward to continuing our cooperation with SET as well as exploring other joint opportunities or areas of cooperation”, said Mr. Lars Ottersgard, Senior Vice President NASDAQ OMX Market Technology.

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