Thanks to its exceptionally large base of retail investors, the Stock Exchange of Thailand (SET) boasts the highest liquidity of any bourse in south-east Asia. But the exchange wants to bring in a wider range of players, including more institutional investors, to achieve the ambitious goal of doubling its market cap by 2020.
To hit that target, the SET will launch a new marketplace for start-ups by the end of the third quarter of 2017, in addition to its first-tier SET board and the smaller cap Market for Alternative Investment.