YLG, one of the new agents, promotes its futures trading service

Thailand Futures Exchange Plc (TFEX) has authorized four gold-related agents to handle gold futures trading, along with existing 36 member brokers, from March 2 onward.
TFEX’s managing director Kesara Manchusree yesterday disclosed that four gold shops have passed the requirements for gold futures trading agents, set by TFEX, Thai Clearing House Co., Ltd. and the Securities and Exchange Commission (SEC).
The new gold-related agents, Kesara said, are Hua Seng Heng Gold Futures (HGF), MTS Gold Futures (MTSGF), TC Ausiris Futures (TCAF) …

Kesara, TFEX managing director

Thailand Futures Exchange Plc (TFEX) plans to introduce gold futures trading on February 2.

Kesara Manchusree, TFEX Managing Director, said the Gold Futures, which will initially be introduced with a contract size of 50-baht gold, is aimed at allowing investors to better manage risk and profit from gold price volatility.
After a successful year in 2008 when TFEX has a total of 2.15 million contracts, an increase of 69 percent from the previous year, Kesara disclosed that TFEX expects its daily average trading volume this year to reach 10,900 …