Report Thailand's SET Extends Trading Hours for Global Market Access

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Picture of the SET building courtesy of fitwel

 

Starting May 6, Thailand's Stock Exchange (SET) is extending its trading hours, allowing investors to tap into global markets during nighttime sessions. This new schedule will enable trading for depositary receipts (DRs) tied to US and European securities from 10am to 4.30pm and then again from 7pm to 3am, aligning with the operating hours of major global exchanges.

 

SET Senior Executive Vice President Rinjai Chakornpipat announced the change, highlighting that the extended hours are designed to give Thai investors better access to international securities. This move encourages portfolio diversification, enabling them to explore broader investment options from home.

 

In conjunction with the new hours, 20 fractional depositary receipts (DRx) linked to US stocks will be seamlessly merged with their corresponding DRs. This upgrade aims to streamline the trading process, offering a more cohesive experience for investors using standard brokerage platforms.

 

DRs and DRx have become increasingly popular among Thai investors, offering an opportunity to invest in major global corporations using baht. As of April 23, the SET hosted 89 DR and DRx products linked to securities in the Americas, Europe, and Asia. With a combined market capitalization of around 31 billion baht (approximately US$926 million) and an impressive daily trading value growth of 140% from the previous year, these instruments are proving lucrative.

 

 

 

In the coming month, the SET plans to introduce 30 additional DR listings, catering to the growing investor demand. There is also potential for multiple DRs tied to the same foreign stock to be issued by various sponsors, enhancing choice and competition within the market.

 

"This expansion of DR trading hours and the consolidation of DRx reflect our commitment to making international investment more accessible, flexible, and user-friendly for Thai investors," stated Rinjai.

 

With these features, Thai investors can now engage in global trading without the need for international travel, embracing broader market opportunities from the comfort of their local environment.

 

  Adapted by ASEAN Now from The Thaiger 2025-04-30

 

 

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