Short Selling In Thai Stock Market

[ppam888]

Is it possible to short sell a stock in the Thailand? How do you go about doing this?

Thanks

[ShopBoy]

What stocks are you trying to short sell ?

[fletchsmile]

1) Yes you can take short positions on about 30 single stocks via the future markets. List as follows:

http://marketdata.se...19?locale=en_US

Care! As these are futures contracts so leveraged. You should read the contract specifications at the TFEX website.

http://www.tfex.co.t...stock-spec.html

You can also short the SET50 index via futures. In addition for the SET50 index you can take short positions via index options

http://www.tfex.co.t...tions-spec.html

2) To do so, you would need to open a trading account with a broker. I have an account with KGI Securities. Their main office is in Sathorn in Bangkok. If I recall there was quite a bit of paperwork to fill in, to open the account, including a questionnaire to assess your suitability, plus they asked for passport and copies of your bank book.

http://www.kgieworld.co.th/en/index.asp

KGI's service seems quite good - I can't comment how it compares to others. They send research notes daily on individual stocks by email. The accounts I have enable me to trade individual shares, as well as futures and options.

Cheers

Fletch

Edited May 16, 2012 by fletchsmile

[ppam888]

1) Yes you can take short positions on about 30 single stocks via the future markets. List as follows:

http://marketdata.se...19?locale=en_US

Care! As these are futures contracts so leveraged. You should read the contract specifications at the TFEX website.

http://www.tfex.co.t...stock-spec.html

You can also short the SET50 index via futures. In addition for the SET50 index you can take short positions via index options

http://www.tfex.co.t...tions-spec.html

2) To do so, you would need to open a trading account with a broker. I have an account with KGI Securities. Their main office is in Sathorn in Bangkok. If I recall there was quite a bit of paperwork to fill in, to open the account, including a questionnaire to assess your suitability, plus they asked for passport and copies of your bank book.

http://www.kgieworld...th/en/index.asp

KGI's service seems quite good - I can't comment how it compares to others. They send research notes daily on individual stocks by email. The accounts I have enable me to trade individual shares, as well as futures and options.

Cheers

Fletch

Wow thank you so much Fletch. What a amazing reply!

I def wont be jumping straight into this.

People like you are what make this forum so great

[ShopBoy]

there is a Money Expo going on at Impact Muang Thong Thani.

Perhaps you should take a look there.

[yoshiwara]

If you want to short stock, is it that you want to exercise your shorting skills or short particular stocks or short the SET overall? Or is it with a view to hedge current stock holdings?