Derivatives are financial instruments in which the price is dependent upon or derived from one or more underlying assets. A derivative is a contract between two or more parties. Derivatives are usually classified into 4 categories: Futures, Options, Forwards, and Swaps.

       Investors are allowed to trade derivatives through the Thailand Futures Exchange (TFEX) via a Derivatives Broker.  TFEX first launched the SET 50 Index Futures on April 28, 2006.  Products currently operated by TFEX are as follows:

Sector  index futures SET50 index futures
 

 

Products First Day of Trading
SET50 Index Futures April 28, 2006
SET50 Index Options October 29, 2007
Single Stock Futures November 24, 2008
50 Baht Gold Futures February 2, 2009
10 Baht Gold Futures August 2, 2010
5-Year Government Bond Futures October 18, 2010
3M BIBOR Futures November 29, 2010
6M THBFIX Futures November 29, 2010
Silver Futures June 20, 2011
Brent Crude Oil Futures October 17, 2011
USD Futures June 5, 2012
Sector Index Futures Oct 29, 2012

 

Derivatives: Opening an Account

  1. Obtain an application form by
    1. Contacting our staff: Our staff will send a form to you via postal service. “Click here.”
    2. Print out the application form via www.krungsrisecurities.com choosing download
  2. Complete the application and sign your name at the bottom of each page.

Return the filled in application together with all required documents to KSS.

Required documents include:

For Retail Investors

  1. A copy of identification card, civil servant ID, passport or alien registration (for foreigners).
  2. A copy of House Registration or other proof of residence in Thailand or work permit (for foreigners)
  3. A copy of Tax Identification Card.
  4. A copy of Identification Card and a copy of House Registration of a proxy (in case of Power of Attorney and Related Persons).
  5. Proof of financial status:
    1. A copy of a savings account book and/or a copy of a current account for the last 3 months.
    2. A copy of promissory notes, NCDs and/or an outstanding securities account.
  6. Automatic Transfer System (ATS) Application Form and a copy of the 1st page of a bank book (showing the bank account number and name.)
  7. Money/Stock deposited as collateral prior to trading. (Check Bank branches to deposite money)

For Juristic Persons

  1. * A copy of an Affidavit issued by the Ministry of Commerce not exceeding 1 month.
  2. Memorandum of Association and List of Shareholders.
  3. A copy of Identification Card and a copy of a foreigner’s identification card or copy of Passport of an authorized person of the company.
  4. Minutes of the Board of Directors’ Meeting approving the opening of a securities trading account specifying the trading amount and conditions.
  5. Power of attorney appointing an authorized person to act on behalf of the company for securities trading transactions.
  6. A copy of Identification Card of an authorized person and related person.
  7. A copy of Corporate Tax Identification Card, a copy of Phor.Por.20 and Phor.Tor.20.
  8. Automatic Transfer System (ATS) Application Form and a copy of 1st page of bank book (showing the bank account number and name).
  9. Financial statements for the last two years.
  10. * In case of a specific business: a copy of the business license.
  11. In case of a provident fund or pension fund, please attach a certificate of registration of the fund management agreement and Power of Attorney from the fund.

*In case of a juristic person registered outside of Thailand, please attach a certificate of the company registration, a list of authorized directors, and a list of shareholders certified by a Notary Public from a government unit of such country.

Note

  1. Stamp duty of Baht 30 for a cash or cash balance trading account.
  2. In case of a proxy: add an additional stamp duty of Baht 30.
  3. A copy or photocopied documents: sign to certify as a true copy.
  4. If an application form is downloaded from the Internet, each page must be signed.

 

Submit the application and required documents to:
 
Krungsri Securities Public Company Limited
Business Development Department
550 Bank of Ayudhya Building, Ploenchit Office
5th Floor, Ploenchit Road, Lumpini, Pathumwan
Bangkok, 10330 Thailand
Tel: 0-2659-7000 Fax. 0-2646-1114

 

 

 

 

 

 

 

 

*For those who apply via online trading channel