By The Nation
The first eight series of the international index warrants start trading that day.
SET president Pakorn Peetathawatchai called the listing a milestone in the exchange’s product development, linking to overseas and broadening investors’ trading opportunities in a foreign stock market.
The DW will be issued over HSI, which tracks the performance of the 50 largest market cap and most liquid stocks listed on the Stock Exchange of Hong Kong.
It is expected that more DWs linked with foreign underlying assets will be issued in the future.
DW has gained popularity among investors in the last three years.
During seven months of 2019, the average daily trading value surged 38 per cent year-on-year ato Bt5.4 billion (US$174 million), representing around 11 per cent of total market trading value.
In addition, there was a 39 per cent year-on-year rise in number of new series, to 2,197.