The Stock Exchange of Thailand (SET) has developed its new securities trading system, dubbed as SET Connect, which will be implemented on 3 September this year.
According to Thai bourse, the new trading platform will offer high efficiency, supporting its domestic and international new financial product launches and upgrade the Thai capital market to comply with international standards, while facilitating global connectivity.
SET has rigorously tested the software with independent software vendors (ISV), and market data vendors, together with Cinnober Financial Technology AB.
SET president Charamporn Jotikasthira said in addition to SET CONNECT, Thai bourse will also start operating its new market data system, integrating directly with the new trading engine.
"The new market data system will be more efficient in disseminating trading information to systems of members and information services providers with fairness and transparency," Jotikasthira added.
"With such outstanding features, SET CONNECT will enhance the confidence of global investors in the potential of the Thai capital market, propelling the market onto the international stage and making the most of all opportunities for investors, as well as matching the right financial opportunities for market participants."