The Thailand Futures Exchange PCL (TFEX), under The Stock Exchange of Thailand (SET) group, revealed that its Sector Index Futures, tracking the movement of five sector indices on SET, were well-received from investors with trading volume of 101 contracts on its first trading day.
“We are satisfied with the response from market players after officially launching Sector Index Futures today, together with a new version of SET50 Futures and SET50 Options,” said TFEX Managing Director Kesara Manchusree. She also added that the most actively traded Sector Index Futures was the ICT Futures with a trading volume of 80 contracts.
For the settlement price of Sector Index Futures maturing in December 2012, of ICT Futures was at 170.8 points, BANK Futures at 488.0 points, FOOD Futures at 13,100 points, Energy Futures at 20,500 points, and COMM Futures at 25,973 points.
The modified SET50 Index Futures, which has added two nearest monthly contracts, had a total trading volume of 59 contracts for the November 2012 (S50X12), and 2 contracts for the January 2013 (S50F13). The most active contract was the December 2012 (S50Z12) with a trading volume of 10,176 contracts. For the SET50 Index Options, the total trading volume was 113 contracts in total. Since the start of this year, average daily trading volume of derivatives market was at 44,232 contracts.
“We strongly believe Sector Index Futures is a useful tool for investors to manage their portfolios, adjust investment weighting, and support securities firms to launch related new products. The modified SET50 Futures and SET50 Options will help investors to seek profit from index movements more effectively,” Kesara said.
For more information on TFEX and related events, please visit www.tfex.co.th.
FTSE Mondo Visione Exchanges Index:
Thai Futures Exchange’s Sector Futures Welcomed On First Trading Day
Date 29/10/2012