Thai stock market launches new partnership with Nasdaq

The Stock Exchange of Thailand (SET) has elevated its trading infrastructure and regulatory framework to align with leading global markets, following the adoption of advanced systems from Nasdaq aimed at enhancing efficiency and investor confidence.

- NUNTAWUN POLKUAMDEE

The SET and Nasdaq have expanded their collaboration across multiple fronts, focusing on market infrastructure modernisation, regulatory oversight and risk management, while exploring the integration of artificial intelligence (AI)-powered trading solutions.

The upgrades are meant to lift international investor confidence and prepare for next-generation technology, while the partnership with Nasdaq aims to develop innovative offerings for Southeast Asian clients, demonstrating SET’s technological capabilities, said Soraphol Tulayasathien, senior executive vice-president of the Thai bourse.

Since 2023, SET and the Thailand Futures Exchange have employed Nasdaq-developed trading systems, meeting international standards for performance, resilience and reliability.