Exchange of Thailand (SET), formerly known as the
Securities Exchange of Thailand (also SET), is a
juristic entity serving as the national stock
exchange of the said country. SET was first
established through the Securities Exchange of
Thailand Act, B.E. 2517 in the year 1974. The Stock
Exchange of Thailand began trading shortly a year
after its establishment, on 30 th of April 1975.
The agency was
first named as The Securities Exchange of Thailand
before getting a name-change in January of 1991 when
it was officially called “The Stock Exchange of
Thailand”, or SET. The juristic entity was created
to serve as a trading center and to promote
financial planning to its members.
Aside from serving as a trading center, the Security
Exchange Act of 1992 mandated SET to create and operate a
system that would smooth the progress of securities trading.
The Agency is also tasked to carry out all Security
Exchange-related businesses like the depository center and
registrar of securities and others.
The specific functions of the Stock Exchange of Thailand
include market surveillance, trading, securities listing,
and supervision of its member companies.
SET member supervision includes management of member
company’s data, business information dissemination,
and market guidelines or updates.
The office of the Stock Exchange of Thailand is
strategically located in the country’s capital,
Bangkok, making it accessible to business people
needing their services.
Over the years, SET has helped a lot of businesses
expand—local and foreign investments alike.
end of the year 2007, SET registered a total of 523
companies with $197 billion combined market
The numbers grew in the succeeding years, reaching
561 registered companies by the end of 2009 and at
566 towards the third quarter of 2010.
tally for 2010 is yet to be released. At the end of the
third quarter of 2010, SET’s Top 15 List of Largest Public
Advanced Info Service, Bangkok Bank, Bank of Ayudhya,
Banpu Public Company Ltd., Charoen Pokphand Foods,
CP ALL, Indorama Ventures, Kasikor Bank, Krung Thai
Bank, PTT, PTT Chemical, PTT
Exploration and Production, Siam Cement, Siam
Commercial Bank, and Thai Oil.
Meanwhile, SET’s list of international members
includes: Asian and Oceanian Stock Exchanges
Federation, or AOSEF, which joined in 1982;
World Federation Exchange, or WFE, which signed up
as full member in 1990; and the International
Organization of Securities Commissions, or IOSCO,
which signed up
in 1990 and became full member of the Securities and
Exchange Commission (SEC) in 1992.