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Byline: Nuntawun Polkuamdee
Oct. 4--Thanachart Securities, a unit of Thanachart Bank Plc, expects to improve its local brokerage market share through a new three-year partnership agreement with France-based BNP Paribas Peregrine.
The brokerage currently has a 2.5 percent share of local stock market turnover, and hopes to raise the share to between 4 percent and 5 percent within three years, according to managing director Asvini Tailanga.
Under the agreement, BNP Paribas Peregrine will distribute Thanachart's research papers to international institutional investors and will help the local firm to facilitate cross-border mergers and ...