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Byline: Ploy Chitsomboon
Nov. 4--KGI Securities plans to introduce securities borrowing and lending services for retail investors later this month.
SBL, or short-selling, has been widely available to institutional investors.
Under the strategy, investors borrow and sell securities now with the obligation to return them at a future date.
If the market price of the securities declines in the interim, the investor reaps a profit by being able to repurchase the securities at a lower price.
Naruemol Artamnuayvipas, vice-president of equity derivatives at KGI Securities (Thailand), said SBL allows investors another means of ...
Source: HighBeam Research, Thai investment firm KGI Securities to launch retail short-selling.