Brokers concerned over Singapore, Thailand MOU

Stock Exchange of Thailand (SET), owner of Thailand Futures Exchange (TFEX), and Singapore Exchange (SGX) have signed an MOU to explore a derivatives link between the two markets.

TFEX has already planned to launch its first financial futures next year on the local SET50 equity index and recently said that it had attracted nine foreign and 11 local brokers to become members (see FO Week Vol 10 No 36).

But the MOU encompasses plans to route orders...