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As part of
its efforts to expand in Asia, KGI Securities began its acquisition of KGI
Securities (Thailand) Public Company Limited. (KGI Securities (Thailand)) in
1998 and has since become the largest shareholder with a 34.97% stake. In
Thailand, KGI Securities (Thailand) is among the leading local brokerage
houses and is a public company listed on the Stock Exchange of Thailand
(SET). It now has 14 branches and a staff of over 600 in Thailand.
While the brokerage business remains the mainstay of KGI Securities
(Thailand), its parent has been proactive in exporting its financial
engineering know-how to its fellow group members in the region. As a result
of these efforts, KGI Securities (Thailand) has become a pioneer in
innovative financial product design.
In the equity-related derivatives market in 2008, KGI
Securities (Thailand) led local peers in both issuance and trading volume.
Some particularly impressive achievements are listed below.
„« No. 1 in OTC options in terms of Notional Principal
Amount (NPA)
„« No. 1 in Stock Borrowing & Lending (SBL) in terms of trading volume
„« No. 4 in futures dealing in terms of settlement volume
Through its own subsidiary, One Asset Management (OAM),
in September 2007 KGI Securities (Thailand) issued Thailandˇ¦s first ever SET
ETF, also acting as market maker.
In Thailandˇ¦s bond market, KGI Thailand has in the past
five years been focused on the development of market infrastructure. For
example, it was the first brokerage house in the country to conduct Repo
(bond repurchase) business. KGI Securities (Thailand) was among the
forerunners in outright bond trades and bond Repo trades in Thailand, making
it the leading bond trader there.
In order to ensure the best possible returns for
shareholders, KGI Securities (Thailand) will continue to develop new
products and provide all-round financial trading services for international
investors in Southeast Asia. |