Reason for this visit
The size of Thailand‘s stock market is relatively small, but it still holds certain influence in the Southeast Asian region. In recent years, the Thai stock market has performed well, drawing the interest of both domestic and foreign investors. Thailand has numerous stock brokers providing stock trading services, and some brokers also offer trading services for other financial products such as forex and derivatives. The Thai stock market is regulated by the Securities and Exchange Commission (SEC), Thailand in a relatively sound regulatory environment. With the growth of the Thai economy and the development of the financial system, the stock market may well appeal to more domestic and foreign investors. The government is also pushing for capital market reforms to enhance the market’s competitiveness and attractiveness. However, it is still necessary to pay attention to potential risks, such as global economic uncertainty and political stability, which may impact the market. In an attempt to provide investors with a more comprehensive understanding of current Thai brokers, WikiStock survey team is determined to go to the country for on-site visits to local companies.
On-site visit
In this issue, the survey team went to Thailand to visit broker SBI THAI ONLINE as planned according to its registered regulatory address that 1768 Thai Summit Tower 31st Fl., New Petchburi Rd., Bangkapi, Huaykwang, Bangkok 10310, Thailand.
The investigators came to 1768 New Petchburi Road in Bangkok, Thailand for a visit to the brokers office on December 11, 2023, and located a modern commercial building Thai Summit Tower. The building boasts a coveted location easily accessible via public transports in close proximity to the Phetchaburi station, Airport Rail Link station, and expressway.
Upon arrival at the tower for further investigation, the survey personnel spotted a directory in the lobby, which displayed that the 31st floor was occupied by “SBI THAI ONLINE SECURITIES CO., LTD.”.
From the on-site investigation, it is confirmed that the company has a physical presence at the location.
Conclusion
The survey team went to Thailand to visit broker SBI THAI ONLINE as scheduled, and found the company at its regulatory address. This signifies that the broker has a physical business office at the place. Meanwhile, investors are advised to make a sensible decision following much deliberation.
Disclaimer
The content is used for informational purpose only, and shall not be taken as a final order for making a choice.
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