THAILAND: Stock Exchange of Thailand Revises Rules to Accommodate DWs with Foreign Stocks

Monday December 13 2021

On 13^th December 2021, the Stock Exchange of Thailand (SET) announced it has extended the types of underlying assets for derivative warrants (DWs) to cover foreign stocks and adjusted its ceiling & floor limits criteria for Foreign Underlying linked DWs. The revised regulations go into effect from Dec 13^th, 2021 onwards.

From January to November 2021,190 new series of DWs with foreign underlying assets were traded on SET, up 13 percent from a year earlier. The daily trading value of DWs averaged THB 472 million (approx. USD 14.12 million), rising 16 percent year-on-year. The trading of DWs that use foreign indices as underlying assets makes up 5.5 percent of SET’s overall DW trading value at THB 8.58billion per day on average.

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