The Securities and Exchange Commission (SEC) plans to replace the annual fee it charges the Thailand Futures Exchange (TFEX) from the existing 2 million baht per year to 0.05 baht per contract, with a minimum annual collection of 2 million baht.
The current annual trading fee charged by the SEC for investment products traded on the TFEX is 2 million baht, the rate in effect since 2011.
No annual fee was charged when the TFEX was first established in 2004. Read more…..
Chart of the Day
Pattaya, Thailand: Walking street business owners warn of “total collapse” of tourism.