The Securities and Exchange Commission (SEC) has suspended Asia Wealth Securities Co (AWS) from doing business as of yesterday for alleged use of clients' money to pay for share settlements without their consent.
Several brokers on Wednesday filed complaints with the Economic Crime Suppression Division related to the investor who bought More Return Plc (MORE) shares late last week, but defaulted on the payment, causing damage estimated at more than 4 billion baht.
The Stock Exchange of Thailand (SET) on Monday indefinitely suspended More Return Plc (MORE) after noticing irregular trading practices, asking the company for an explanation and requesting brokers take additional measures to monitor trade of the company's shares.
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Traditional markets to support SET s new project Traditional markets to support SET s new project
As the Stock Exchange of Thailand gears up for a digital asset exchange, traditional markets will provide vital support
published : 30 Jan 2021 at 04:00 Pakorn Peetathawatchai, president of the Stock Exchange of Thailand.
SET Group, the organisation operating the Stock Exchange of Thailand and other local bourses, has ambitious plans for the digital future of finance by making considerable structural changes in preparation for the launch of its own digital asset exchange.
The group is splitting into two parts: one managing the traditional exchanges like the SET and Market for Alternative Investment (MAI), while the other will be devoted wholly to the digital exchange projected to launch this year.