Bangkok--17 Nov--SET
The Stock Exchange of Thailand (SET) has introduced the Advanced Resilient Matching System (ARMS) to replace its older trading program, Automated System for The Stock Exchange of Thailand (ASSET). The new system will accommodate higher trade volumes and new products and support the planned ASEAN Linkage project. The new trading program matches those used by leading stock markets around the world.
ARMS was introduced in August 2008 and has been very well-received by users. This fast, technologically advanced system was jointly designed and developed by the Exchange’s Information Technology Department and SET-listed MFEC PLC, SET President Patareeya Benjapolchai said.
The bourse and related units have tested ARMS with internal offices and member firms for more than a year to ensure its accuracy and conformity with international standards. It is efficient, stable and responsive.
ASSET also met international standards and functioned effectively for more than 17 years. The Exchange’s IT Department’s development work has enabled the Thai bourse to manage increasing trade volumes and greater investor demand in a convenient, transparent and reliable fashion.
For more information, please contact the Corporate Communications Dept.:
Ladawan Kantawong Tel: 0-2229-2036 / Sarinluck Jitkawong Tel: 0-2229-2037 / Watsamon Saowakhonsathien Tel: 0-2229-2797