The Stock Exchange of Thailand (SET) is preparing to revise trading criteria to suit current business conditions, to help facilitate investors and make them more consistent with international practice, the Thai bourse said recently.
To support the trading system using world-class technology to increase the market trading efficiency in the first quarter of 2023, the SET is in the process of conducting a public hearing from relevant parties until Sept 16.
According to the SET's statement, the threshold of opening and closing prices (equilibrium price) will be adjusted in accordance with the practice of foreign exchanges by specifying that the opening and closing prices may be outside the highest price (ceiling) and the lowest price (floor) ±1 price range. The former is set to be within the range not exceeding the ceiling and floor.
