Bangkok--13 Nov--SET Yesterday (Nov. 12), Thailand Securities Depository Co., Ltd. (TSD) and Korea Securities Depository (KSD) signed a memorandum of understanding (MOU) to strengthen their collaboration in the securities depository business generally and, specifically, in information sharing, staff exchange and the management of cross-border transactions. “The MOU will benefit the Thai and Korean capital markets,” TSD Chief Executive Officer Ms. Sopawadee Lertmanaschai said. Since October 22, 2007, TSD has provided comprehensive services through its Post-Trade Integration (PTI) system, which manages various industry innovations and facilitates global linkages. Collaboration with overseas institutions is vital for service quality enhancement and international competitiveness. KSD is one of Asia’s leading securities depositories and has an excellent relationship with TSD. In June 2005, the two depositories signed an MOU to develop securities borrowing and lending (SBL) and private repurchase (REPO) transactions systems. In April this year, TSD staff visited Korea to learn about the operations of exchange-traded funds (ETFs), which were then new to the Thai market. Today’s MOU is the fourth that TSD has concluded with overseas depositories this year, the others being with Taiwan, Vietnam, and Pakistan. KSD, which was founded in 1994, has 881 members and its services include securities depository and settlement, acting as bond registrar, SBL, REPO, securities data provision and the management of securities-linked benefits. For more information, please contact TSD Business Relations Unit Ms. Chantanee Pongkrasin Tel: 0-2229-2896 Email: [email protected] http://www.tsd.co.th