The Stock Exchange of Thailand (SET) has tightened market surveillance measures, introducing a one-day trading suspension at the maximum level to enhance supervisory efficiency and mitigate investor risks.
The new measures have undergone hearings amongst relevant parties, received approval from the Securities and Exchange Commission, and are slated to take effect from April 4.
The revisions include the addition of an exclusion from the credit limit for the first level, a prohibition from net settlement at the second level, and the introduction of a one-day trading suspension at the third level of market surveillance measures.
Pakorn Peetathawatchai, the SET president, said each level of the measures will be imposed for three weeks at a time.
However, the SET has the authority to extend the implementation period or further tighten measures if it finds irregular trading activities that warrant more surveillance measures, he said.
The SET strongly urges investors to thoroughly consider any information related to securities, including the companies' financial status, operating performance, and other relevant factors and risks as well as trading conditions, before making investment decisions.
Investors can find more information regarding the revision of the market surveillance measures at www.set.or.th.