Thailand Country Report

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Discovery Reports

SCBS unlocks Thai wealth to global capital market

PUBLISHED : Friday, 08 November, 2013, 5:42pm
UPDATED : Friday, 08 November, 2013, 5:42pm

With parent Siam Commercial Bank (SCB), SCB Securities (SCBS) has unlocked vast potential in the Thai capital market by making equities trading convenient and accessible through digital channels. The firm has doubled its trading volume from online transactions of high-net-worth individuals and institutional investors in this year's first half alone. The astounding market response signals the growing appetite for equities, which SCBS promptly serviced through a regional trading platform launched in July and will be enhanced by a global trading platform estimated to go live later this year.

"Thai investors are starting to look at opportunities elsewhere," says Thongmakut Thongyai, CEO of SCBS. "We are ready to capture this shift."

The trading platforms give Thai investors wide access to major financial markets in the United States, Europe and Asia. A dedicated international securities department oversees offshore trading and is primed for Asean's upcoming regional integration, which holds promise for inbound Myanmar investments and other emerging markets in the Mekong region.

Nurturing market growth through innovation is a hallmark of SCB, one of the strongest and most trusted brands in Thailand with the most extensive reach nationwide. Backed by this formidable network, SCBS has emerged as the broker of choice especially with SCB managing Thailand's biggest deals such as CP All's takeover of Siam Makro and Nok Air's initial public offering earlier this year.

The group's integrated network infrastructure ensures efficient execution of trades, which many SCBS foreign institutional clients rely on for local business. Renowned for top-quality research and market analysis, SCBS also helps investors enhance yields through derivative warrants and access to private funds for small and mid-cap stocks with strong fundamentals.

"Innovation is the key competitive advantage as we move forward," Thongmakut says. "SCBS is committed to further expand the capital market in Thailand and Asean through advanced technologies and partnerships that would deepen research capabilities in emerging markets."


SCB Securities