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Six new brokers to set up shop.
Byline: Nuntawun Polkuamdee
Mar. 4--Competition in the securities industry is expected to pick up strongly this year, as six new brokers plan to enter the retail market.
Brokers planning a strong push in the retail market following recent shareholding changes include TSEC Securities, Kasikorn Securities, Bualuang Securities, SCIB Securities and BFIT Securities.
Thai Military Bank is also looking to add a brokerage to its portfolio, while Asia Credit is expected to increase its activities this year. Pichai Lertsupongkit, an analyst with KGI Securities, said while prospects were reasonably strong given the active market, consolidation was likely ...
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