Bangkok--7 Sep--SET Now that Bank of Thailand (BoT) has exempted investments in equity ETFs from the 30% Unremunerated Reserve Requirement (URR) withholding foreign currencies. The Stock Exchange of Thailand (SET) anticipates a positive response from foreign investors to equity exchange-traded funds (ETFs). The exemption was effective September 6, the day trade began in Thailand’s first equity ETF. SET appreciates BoT’s approving the exemption, as it supports ETF issuance and trading and the Exchange’s plans to increase its overseas linkages. BoT has demonstrated an understanding of the importance of new product development. ThaiDEX SET50 ETF (TDEX) will attract both local and foreign investors, SET President Ms. Patareeya Benjapolchai said. Previously, the Exchange amended its rules to bring listing and trading of equity ETFs into line with those conditions applying to trading stocks. This included requiring a listed equity ETF to have a market-maker to increase liquidity and reduce the fund discount problem, and allowing short-selling. Participating dealers can send basket orders without specifying value per basket. The use of SET-approved program trading is also allowed. TDEX is issued by One Asset Management Ltd.. Equity ETFs can be traded through any brokerage firm at a minimum brokerage fee of 0.10% of trading value. TDEX’s price is subject to a 30% ceiling and floor price derived from the previous day’s closing price. Real-time information on TDEX and its price movement is available on Money Channel (TrueVisions 80). Details are also available on www.one-asset.com and www.set.or.th. For further inquiries, please contact SET Call Center 0 2229-2222. For more information, please contact the Corporate Communications Dept.: Ladawan Kantawong Tel: 0-2229-2036 / Sarinluck Jitkawong Tel: 0-2229-2037 / Nattaporn Boonprapa Tel: 0-2229-2049 / Watsamon Saowakhonsathien Tel: 0-2229-2797