Bangkok--6 May--SET The Thai exchange’s Board of Governors (BoG) has resolved to adjust the price spreads to eight from 10 intervals and narrow the interval for stocks worth over THB 50 to reduce costs for investors, while boosting trading liquidity, SET Executive Vice President and Board Secretary Suthichai Chitvanich said. “Adjusting price spreads will benefit investors, liquidity and price stability. The decision is in line with international price spread trends, which are narrowing. It is part of SET’s strategy to build competitiveness by helping investors to reduce trading costs,” Mr. Suthichai added. The BoG also approved in principle adjusting ceiling and floor price changes for stocks worth less than THB 1.00. The ceiling and floor of stocks worth THB 0.10 and over will be within a range of 30% of the previous day’s close. This is to bring them into line with other stocks. Basket-ordering has proven to be a useful device for portfolio management and index arbitraging. The BoG approved additional types of securities to be traded in basket-orders. These are FTSE SET Large Cap Index and those stocks in the underlying index for equity ETF (exchange-traded fund). This is to support future trading of equity ETFs based on indices other than SET50. The Board also approved the relaxation of at-the-open and at-the-close orders being sent via basket orders. SET will put these changes to members in its meeting before officially announcing any amendments. 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