Bangkok--29 Dec--SET
The Stock Exchange of Thailand (SET)’s Board of Governors amended the commission structure for selling and buying securities by individual (not juristic) clients, effective from January 1, 2010-December 31, 2011. The changes will cover all securities, e.g., stocks, warrants, mutual funds, ETFs, and property funds, except bond funds, revealed SET Chief Marketing Officer, Issuer & Listing, Sopawadee Lertmanaschai.
Commission structure for securities trading (January 1, 2010-December 31, 2011)
Daily trading value/client Trading through an investor contact (% of trade value) Trading through the Internet
(% of trade value)
Cash account Cash balance/
Credit balance
Not over THB5 million > 0.25-1.00 > 0.20-1.00 > 0.15-1.00
Over THB5 million but not over THB10 million > 0.22-1.00 > 0.18-1.00 > 0.13-1.00
Over THB10 million > 0.18-1.00 > 0.15-1.00 > 0.11-1.00
but not over THB20 million
Over THB20 million At the negotiated rate but not over 1.00%
“The new structure benefits investors, since if an investor uses a single account, he will receive discounts on a sliding scale,” said Ms. Sopawadee.
The Association of Securities Companies (ASCO) has asked brokerages to notify their customers about the new commission structure. At the same time, as effective January 1, 2010, brokers will charge trading fees of 0.005% (of trade value) and clearing fees of 0.001% (of trade value) from customers, they must clearly separate such fees from commissions charged.
However, to help their customers lower trading costs, brokerages will exempt trading and clearing fees for customers trading less than THB5 million per day.
ASCO has also decided that brokerages will charge institutional investors commissions of 0.20% so that securities firms can continue to provide them with quality services.
For more information, please visit www.set.or.th/dat/content/rule/th/BorSorNor0300_2_TH.pdf or call S-E-T Call Center at 0 2229 2222.