TFEX Managing Director Rinjai Chakornpipat stated that this April, TFEX will be in operation for 11 years. TFEX offers a wide range of derivatives products comprising of various underlying assets such as equities, debt instruments, foreign exchange currencies, and commodities. At present, TFEX has around 130,000 accounts with average daily trading volume about 300,000 contracts. Currently, TFEX is ranked 27th in terms of global trading volume, according to the Futures Industry Association's ranking.
To enhance investor education and expand investor base, TFEX and FI club will launch TFEX Trading Challenge Competition 2017 which is now open for registration. This is a three-month trading competition which will include intensive workshops on trading techniques by many experts in the field. This will be the first competition to use investors' real portfolios. The winner will receive rewards as well as an education trip abroad. Interested investors can apply now until August 25, 2017 and information details are available via www.TFEX.co.th/TradingChallenge.
Later this year, TFEX will also launch a new TFEX Gold-D contract, with physical delivery which investors will have an option to defer the delivery, while allowing investors to use stocks as collateral for trading derivatives. In addition, TFEX gold futures' trading hours will be extended to midnight so that the trading hours will synchronize with the global gold markets.