Bangkok--25 Aug--SET
SETTRADE.Com Co., Ltd. (SETTRADE) has developed its online futures trading facilities in cooperation with Daishin Securities, a leader in the field in Korea. The new service, which is scheduled for launch on Aug. 28, will support futures trading in the Thai market with a highly efficient, modern, and user-friendly system.
SETTRADE developed ‘Settrade OneClick’, an online futures trading program, in collaboration with Daishin Securities, which is the leader in Korea’s online futures trading services.
“The development is to make it unnecessary for Thai securities companies to develop their own systems, hence help to reduce their costs,” SETTRADE Chief Executive Office Ms. Chanisa Chutipat said.
Settrade OneClick has been designed for derivatives trading, where investors need to study market movements closely, with full information readily accessible. SETTRADE will be ready to launch the service on August 28, right on the same day that TFEX allows for online futures trading to start.
“SETTRADE chose to work with Daishin Securities because of their experience in internet trading. Its system’s efficiency, speed and ease of use will make investment in futures much more convenient,” Ms. Chanisa added.
Daishin was pleased to contribute to the Thai capital market’s development, by working with SETTRADE to establish the program. The collaboration has provided knowledge-transfer, and signals a good working relationship and future collaboration, Daishin Securities Chairlady Ms. Auh Ryung Lee said.
Since commencing internet trading in 1997, Korea now has the world’s highest online trading turnover, making up approximately 50% of its total securities trading.
“Daishin Securities is Korea’s No.1 broker in online trading. Our system can accommodate an annual average turnover of USD 250 billion (approx. THB 9.5 trillion) efficiently. Consequently, we believe that Thai investors can trade through Settrade OneClick with confidence, as the program is based on our decade-long experience in Korea.
“This program will begin a new era in Thailand’s online trading, and will be a prototype for other similar programs. Daishin is honored to contribute to the development of Thailand’s futures market”, the Daishin Securities Chairlady declared.
SETTRADE will cooperate with Thailand Futures Exchange PCL (TFEX), Thailand Securities Institute (TSI), and the securities firms with online futures trading services, to undertake an educational program, including a range of activities, such as seminars, workshops, and simulation games. This new futures trading program was trialed at the recent Investors’ Day in early August.
There are 10 brokerage firms initially using Settrade OneClick and related systems. They are (in alphabetical order): ACL Securities Co., Ltd. (ACLS), Ayudhya Derivatives Co., Ltd. (AYD), Bualuang Securities PCL (BLS), DBS Vickers Securities (Thailand) Co., Ltd. (DBSV), Kim Eng Securities (Thailand) PCL (KEST), KGI Securities (Thailand) PCL (KGI), Phatra Securities PCL (PHATR), Trinity Polaris Futures Co., Ltd. (TIPOL), Thanachart Securities PCL (TNS), and TISCO Securities Co., Ltd. (TSC).
For more information on Settrade OneClick or the training sessions, please visit www.settrade.com/oneclick , call the SET Call Center on 0 2229-2222, or email info@settrade.com
Attachment to SETTRADE News Release No. 9/ 2006 dated August 24, 2006
5Cs - Salient Features of Settrade OneClick
Customization: Screen can be customized to individual preference i.e.
- Users can adjust the screen, color, and font size
- Windows splitting or multi-window display
- Preferred screen options can be saved for future use
- Data can be transferred to Excel format
Click: Trading is made easy in just one click
- Buying, selling, or canceling can be made conveniently. Conditions can also be set on buy/sell screen
Convenient: Easy installation and automatic program update
Control Bar: Monitors market movement and order status conveniently, with a small control bar shown on screen. No need to close the full screen display or interrupt other work
Comprehensive: Fully loaded with essential information e.g.
- Real-time and historical series of SET50 Index and SET50 Index futures contracts
- Immediate futures trading updates
- News and information directly transmitted from TFEX
- Technical graphs for price trend analysis
Securities Firms Providing Online Futures Trading Service
(by code alphabetical order)
1. ACL Securities Co., Ltd. (ACLS)
2. Ayudhya Derivatives Co., Ltd. (AYD)
3. Bualuang Securities PCL (BLS)
4. DBS Vickers Securities (Thailand) Co., Ltd. (DBSV)
5. Kim Eng Securities (Thailand) PCL (KEST)
6. KGI Securities (Thailand) PCL (KGI)
7. Phatra Securities PCL (PHATR)
8. Trinity Polaris Futures Co., Ltd. (TIPOL)
9. Thanachart Securities PCL (TNS)
10. TISCO Securities Co., Ltd. (TSC)
For more information, please contact SETTRADE Marketing & Business Development Dept.:
Mr. Settapol Thammajinda
Tel: 0 2229-2663
Fax: 0 2654-5909
Email: [email protected]