Thailand in Focus :: Thai online stock trading surges, trumps Hong Kong in popularity

03/04/2015

In Thailand, internet stock trading has tripled in value as use of mobile devices proliferates among young, tech-savvy retail investors.

Online retail trading surged 239 percent to 1 trillion baht ($30.72 billion) in February from a year earlier, the latest available data from the stock exchange shows. That was the biggest increase since March 2010. Those transactions account for over 40 percent of total trading volumes, up from 27 percent in 2012. That ratio exceeds even Hong Kong, where retail online trading accounted for 9 percent of total market turnover in the year ended September 2014.

Credit and view full story at Reuters


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