Monday, September 8, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Technology

Thailand to curb short selling, high-speed trades amid sell-off

by Riah Marton
in Technology
Thailand to curb short selling, high-speed trades amid sell-off
Share on FacebookShare on Twitter


THAILAND’S stock exchange will tighten curbs on short selling and high-frequency trading as it attempts to revive investor confidence in the world’s worst performing equity market.

Short selling and high-frequency trading will be limited to stocks forming the part of SET100 Index, Asadej Kongsiri, president of the Stock Exchange of Thailand, told a press briefing on Wednesday (Feb 19). The course currently allows short selling of stocks in SET100 Index and other securities with some conditions, while there are currently no limits set on high-speed trades, according to Asadej.

The crackdown on trades popular with hedge funds and day-traders is the latest attempt by Thai regulators to restore confidence in a market that’s seen foreign investors pull about US$10 billion in the past two years. The benchmark SET stock index has slid about 10 per cent this year, making it the biggest loser among the world’s major indexes, as listed companies report poor earnings amid sluggish economic outlook.

“We hope that the stricter rules will lessen any excessive swings in the share prices,” Asadej said. “This will stabilise the market and revive investor confidence.”

The exchange last year ordered high-frequency traders to register before they can place orders in a bid to stabilise the market that was battered by concerns over the impact of illegal short selling, programme trading and corporate scandals. Authorities have also fast-tracked probes into fraud allegations at companies including Energy Absolute and Stark Corp.

The bourse will hold public hearing before seeking the approval of the Securities and Exchange Commission and implementing the new rules. The tighter curbs are expected to be implemented in the second quarter, according to Asadej.

Short-selling transactions on the Thai stock market were valued at about 240 billion baht (S$9.6 billion) since Aug 19, when the stock exchange began publicly publishing the information, according to its website. That accounted for about 4 per cent of total trading turnover. BLOOMBERG

Share with us your feedback on BT’s products and services

Tags: curbhighspeedSellingSelloffShortThailandTrades
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

Next Post
Novo seeks US0 million from Singapore firm, accusing it of fraud over drug

Novo seeks US$830 million from Singapore firm, accusing it of fraud over drug

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In