Thailand to Curb Short Selling, High-Speed Trades Amid Selloff
Thailand's stock exchange will tighten curbs on short selling and high-frequency trading as it attempts to revive investor confidence in the world's worst performing equity market.
Short selling and high-frequency trading will be limited to stocks forming the part of SET100 Index, Asadej Kongsiri, president of the Stock Exchange of Thailand, told a press briefing Wednesday. The course currently allows short selling of stocks in SET100 Index and other securities with some conditions, while there are currently no limits set on high-speed trades, according to Asadej.
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