Bangkok--27 Feb--ตลท.
Thailand Futures Exchange PCL (TFEX) appointed Globlex Securities Co., Ltd. and Trinity Securities Co., Ltd. to be market makers for gold futures, starting on March 2, 2009, said TFEX Managing Director Kesara Manchusree.
“Market makers will help gold futures trading maintain liquidity, since they are responsible for offering selling and buying prices of gold futures in every contract and maintain the spread between selling and buying prices (bid-ask spread) to be within the required range, while maintaining the minimum trading volume. TFEX, therefore, is certain that these two market makers will help maintain gold futures liquidity, helping gold futures trading reach the same level of success as SET50 Index Futures. TFEX is now in the process of accepting TC Ausiris Futures Co., Ltd. to be additional market maker. TC Ausiris Futures is expected to operate soon,” she concluded.
Globlex Securities Co., Ltd. (GBS)’s major shareholder is Globlex Holding Management PCL., Globlex Securities Co., Ltd. (GBS)’s major shareholder is Globlex Holding Management PCL, which in turn has the Koohapremkij family as its major shareholder. This family also owns a leading manufacturer of gold and jewelry, the Greatest Gold and Refinery Co., Ltd. Globlex Securities Co., Ltd. became a TFEX member in September 2008. For more information, please visit http://www.globlex.co.th
Trinity Securities Co., Ltd. (TNITY) has been a TFEX member since TFEX first began operations in 2006. Trinity Securities began as Trinity Polaris Futures Co., Ltd. before transferring back to its mother company in December 2008. Trinity Securities Co., Ltd. is allied with the Polaris group, which is a leading financial services and futures brokerage firm in Taiwan. Trinity Securities is also a market maker for SET50 Index Futures, SET50 Index Options and stock futures. For more information, please visit http://www.trinitythai.com.
For more information, please contact Public Relations Unit, the Corporate Communications Dept.:
Ladawan Kantawong Tel: 0-2229-2036 / Kanokwan Khemmalai Tel: 0-2229-2048 / Panitee Chatpolarak Tel: 0-2229-2792