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Online Unit of Thailand Stock Exchange Offers New Payment Route.
Byline: Nuntawun Polkuamdee
Feb. 4--Settrade.com, the online subsidiary of the Stock Exchange of Thailand, is joining with Thai Farmers Bank and Bank of Ayudhya to offer Internet share services.
The two banks join Siam Commercial Bank, Krung Thai Bank and Bank of Asia in offering payment channels for online share trading through the web site Settrade.com.
Wittaya Watcharawittayakul, Settrade's chief executive officer, said each transaction would cost around 15 to 20 baht.
Investors must maintain a cash account to operate Internet banking and trading services.
Dr Wittaya said few investors actually used online share trading ...
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Source: HighBeam Research, Online Unit of Thailand Stock Exchange Offers New Payment Route.