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44 stocks restricted by being used as collateral.
Byline: Nuntawun Polkuamdee
Jul. 4--TSFC Securities has announced a list of 44 stocks that cannot be used as collateral for margin loan operations by local brokers.
The company, established in late 1996 to offer liquidity support to securities companies, provides funds to brokers for margin lending, credit balance financing or securities borrowing and lending activities.
Two billion baht in loans are outstanding in the credit balance system. While margin lending has increased gradually in recent months, total balances remain lower than in previous years because of stricter rules imposed by TSFC.
The 44 stocks cannot be used as ...
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