THAILAND - Capital Market Infrastructure Summary

Central Securities Depositories
Thailand Securities Depository Co Limited (TSD)
Bank of Thailand (BOT)

BIS Model
Model 3
Model 2

Settlement Cycle
T+3 for Equities
T+2 for Bonds
T+2 for Fixed income securities

Thailand Securities Depository Co Limited (TSD) is the sole central securities depository in Thailand, using a scripless system, and is also a clearing house, acting as intermediary in the clearing and settlement of the cash and securities legs of trades on the Stock Exchange of Thailand, the Market for Alternative Investment, and Bond Electronic Exchange, including scripless government bonds traded on the over-the-counter markets. The Bank of Thailand acts as official registrar of government securities. Settlement time-frames are T+3 for equities and T+2 for debt instruments.

Key terms defined in our glossary:

Central Securities Depository
BIS Model 3
BIS Model 2
Settlement Cycle

The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.