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Deutsche Börse and SET sign MoU

Thu, 17/04/2014 - 06:02

The Stock Exchange of Thailand (SET) and Deutsche Börse AG have signed a memorandum of understanding (MoU) to jointly develop the securities and derivatives markets between Thailand and Germany.

Under the terms of the MoU, the organisations aim to assess potential cooperation projects in cash and derivative products, market data as well as in clearing and risk management.
 
They also are to start a comprehensive sharing of knowledge and information on business areas and regulatory developments.
 
“SET is pleased to collaborate with Deutsche Börse to explore business opportunities that promote the development of securities and derivatives markets of the two countries. We look forward to the continued development of our fruitful relationship with Deutsche Börse,” says Sathit Limpongpan, SET chairman.
 
“We are pleased to deepen our relationship with The Stock Exchange of Thailand with this cooperation agreement. This partnership is an important element of our overall Asia strategy,” says Andreas Preuss, deputy CEO of Deutsche Börse AG and CEO of Eurex.


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