Thailand Futures Exchange (TFEX) may be forced to delay its
28 April launch date due to concerns that many of its 20 broker
members are not yet ready.
A broker, who requested anonymity, told FO Week
that the exchange has called for a meeting with its members to
discuss their readiness. "A prior meeting by Thailand Futures
Industry Association had 13 out of 20 brokers voting in favour
of a delay, and much of the problems lay in functionality
issues in the back office Broker Services Bureau provided by
Thailand Clearing House," he said, adding that some regulatory
issues and rules were also yet to be clarified.
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