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Clearance Systems Meet High Standard in Thailand.

Bangkok Post (Bangkok, Thailand)

| May 02, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

May 2--Thailand Securities Depository Co (TSD) is in a position to cope with new developments in the global capital market, according to Nongram Wongwanich, the TSD president.

For example, she said, completion of payment settlement and delivery of securities could be speeded up to the following day (T + 1), compared with the following three days (T + 3) at present, if new developments warranted it.

The Capital Markets Company Ltd (Capco), a global specialist in capital market operations, recently completed a study on the country's real-time trading and settlement systems. The study was commissioned by TSD along with the Securities and Exchange Commission ...

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Source: HighBeam Research, Clearance Systems Meet High Standard in Thailand.

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