The Stock Exchange of
Thailand (SET) and Deutsche Borse have signed a
memorandum of understanding. Both parties have pledged to enter into a
relationship to facilitate development of the securities and derivatives markets between Thailand and Germany.
The pact aims to assess potential projects where the pair can combine in cash and derivative products, market data as well as in clearing and risk management. They said they will begin sharing knowledge and information on business areas and regulatory developments.
Deutsche Borse said that the link was an important element of the firm’s strategy, which the company’s CEO Reto Francioni had flagged in a speech in January 2014 as the most dynamic area for the firm’s growth. That intention was illustrated in the tie-up between Deutsche Borse and Bank of China, announced in late March, which was designed to help Chinese issuers access European markets.