Thursday November 10 2016
News Source: Global Exchanges
Focus: Other
Type: General
Country: Thailand
The Stock Exchange of Thailand (SET) and Taipei Exchange (TPEx) have signed a memorandum of understanding (MoU) to promote development between the Thai and Taiwanese capital markets. Since 2008, SET and TPEx have established and enhanced collaboration to synergise concerted efforts on capital market development between the two exchanges. The renewed MoU has a five-year term starting from 1st November 2016.
The MoU also outlines closer co-operation to jointly develop new products and services including, facilitating the dual-listing, as well as studying the possibility of developing gold and mutual fund platform and cross-listing other financial instruments such as depository receipts. Both exchanges will also develop networking mechanisms and business matching activities for market participants.
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