Gold fever to result in new futures
The TFEX expects to unveil small-lot gold futures contracts in the near future. Bloomberg
Thailand's derivatives market plans to introduce smaller-sized gold futures contracts within the next few months, aiming to broaden retail participation as gold prices continue their historic rally.
Gold has surged by more than 70% over the past year, with domestic prices climbing above 80,000 baht per baht-weight -- an all-time high.
The sharp rise has turbo-boosted trading demand of gold futures contracts on the Thailand Futures Exchange (TFEX), prompting it to develop more accessible products for smaller investors.
Triwit Wangv
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