Thailand Futures Exchange PCL (TFEX) continues to promote understanding about interest rate futures, which will start trading in October, for institutional investors and other related parties, including showing the role played by interest rate futures in developing the Thai financial market and its economy.
“TFEX has made substantial progress in preparing to trade interest rate futures in October. One of our steps in such preparations was to build understanding about this product by organizing a seminar for the first time on July 20,” said TFEX Managing Director Kesara Manchusree.
The seminar was on “Working mechanisms of interest rate futures for risk management in the Thai financial market,” with Professor Anya Khanthavit, PhD, a well-known capital market and bond market specialist, as speaker. This program was co-organized by the Faculty of Commerce and Accountancy, Thammasat University, and Thailand Securities Institute (TSI), and will teach not only about what interest rate futures are and techniques to apply in practice, but also how to best obtain its benefits.
“Participants in the seminar included securities companies, asset management companies, banks, assurance companies, and other related sectors. There were over 300 participants, showing the high level of interest that institutional investors and other parties have in this product. Institutional investors showed their interest in using these futures for risk management. TFEX will support to have a market maker for this product to build confidence of institutional investors to trade on TFEX, and will keep on holding seminars to educate potential and actual users,” concluded Ms. Kesara.