Thailand Futures Exchange PCL (TFEX), announced the winners of the four categories of “TFEX Best Awards 2018”. Most Active House was KGI Securities (Thailand) pcl. Most Active Agent, in terms of transactions from investors and expanding investor base, was KTB Securities (Thailand) Co., Ltd. Most Active Prop-Trader was awarded to Phatra Securities pcl. The Best Performance Market Maker was awarded to MTS Gold Futures Co., Ltd.
TFEX Managing Director Rinjai Chakornpipat stated, “Thai derivatives market has grown significantly this year in terms of both trading volume and number of investors. The success was due mainly to the excellent cooperation of all members in providing knowledge and trading advices and services to investors and boosting market liquidity, as such enhancing the overall derivatives market. Therefore, the annual TFEX Best Awards has been created to honor the outstanding derivatives members in each area.”
During Jan-Nov, 2018, TFEX’s derivatives trading volume surged to 95.7 million contracts, or 421,492 contracts per day, a 30 percent increase from the previous year. At end-Nov-2018, the open interest was 2,813,036 contracts, similar to the end of 2017. Meanwhile, total derivatives trading accounts reached 162,609 accounts, up 16,050 accounts from the previous year.