Thai Stock Exchange Settles in for T+2
The exchange is looking to use technology to innovate its post-trade processes and introducing e-proxy and e-voting to benefit shareholders.
Pataravasee Suvarnsorn, executive vice president and head of market operations division at SET and managing director of Thailand Clearing House Co Ltd tells WatersTechnology that the exchange planned the move from T+3 to T+2 settlement with the aim of reducing risks across the industry as well as enhancing the competitive edge of the Thai capital market.
The move to the T+2 settlement cycle is also aligned with international practice, which supports globalization and further connection with int
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