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TFEX Set50 options off to steady start


Thailand Future Exchange (TFEX) recorded steady opening day volumes on its newly listed Set50 options.

The exchange launched the options on 29 October as total volume on the Set50 index totalled 5,973 contracts of which 304 contracts traded were SET50 Options, representing nearly 6% of the traded volume.

TFEX launched the options stressing its conference that investors will trade them. “Options can form part of a variety of investment and portfolio management strategies. Investors can also trade options in combination with its underlying securities or with other derivatives products. Internationally, options have become increasingly popular,” said Malakul Na Ayudhya Pakorn, chairman TFEX.

“After working hard all year, TFEX and its brokers are now ready for SET50 Index options, which will boost trading in derivatives and expand the market,” TFEX’s managing director Kesara Manchusree said.