Finam will open access to the exchanges of Singapore and Thailand
From October 1, Finam Financial Group will provide qualified investors with access to the Singapore Exchange (SGX) and the Stock Exchange of Thailand (SET). The tools of these platforms will be available to investors through the Segregated Global account.
From October 1, Finam Financial Group will provide qualified investors with access to the Singapore Exchange (SGX) and the Stock Exchange of Thailand (SET). The tools of these platforms will be available to investors through the Segregated Global account.
According to Vladislav Kochetkov, Chairman of the Board of Finam Group, Singapore is a key financial center in Asia with access to high-quality assets and real estate funds, and Thailand exposes the local economy: banks, tourism, retail and energy.
“Singapore and Thailand are closing different roles in the portfolio, but together they provide something that is not available in the American, Chinese or Hong Kong markets in its purest form: access to a separate ASEAN regional contour with its growth drivers, correlations and currency specifics,” the company noted.
Trading windows on the exchanges of Singapore and Thailand are stacked in the first half of the day at Moscow time, which is convenient for Russian investors, Finam noted. At both sites, the final settlements on transactions are made in US dollars, so the client's account should have dollars — in the same currency, a commission is charged.
