Stock Exchange of Thailand Goes Big on Data: SMART Marketplace

The Stock Exchange of Thailand (SET) has launched an online data platform to help investors analyze and make investment decisions more efficiently.

“SMART Marketplace” allows investors to receive securities and derivatives data, such as tick data, reference data, and corporate action via application programming interface (API).

This makes data more accessible and convenient as investors are increasingly equipped with the necessary means to take data analysis one step further.

All of this is aimed to provide investors with comprehensive data for further analysis, processing, and investment decisions that are suited to their specific needs.

Thirapun Sanpakit, Head of Information Technology Division at SET, said: “In today’s data-driven world, investors require timely and accurate data for efficient analysis prior to making investment decisions to meet their various investment needs.

“One of SET’s priorities is to continue to provide world-class information service that allows market players to access SET data as much as possible and as quickly as possible.

“SET has created “SMART Marketplace”, an online data service platform that provides data via API, enabling market players such as SET participants, market data vendors, local and foreign institutional investors, and retail investors to easily access and use data in risk management and work process efficiency improvement”, Sanpakit said.

Data on “SMART Marketplace” consist of:

1) intraday trading data (tick data) of SET and Thailand Futures Exchange (TFEX) which is provided as historical and end-of-day data

2) reference data of securities and derivatives, including ISIN, warrants exercise ratio

3) listed companies’ corporate actions, such as rights issue, dividend payment, stock split, and capital change. In the future, SET plans to add more information on “SMART Marketplace”, such as environmental, social and governance (ESG) data and financial statements from listed firms.

The Stock Exchange of Thailand (SET) has recently jointly joined forces with Microsoft (Thailand) to scale up LiVE platform to “Virtual Pitching Platform”.

The integrated startup information center allows small and medium-sized enterprises (SMEs), startups, and social enterprises (SEs) to pitch their business plan online to investors, enabling Thai entrepreneurs to grow globally.

In the meantime, SET has also been developing a “Collaborative Digital Asset Platform” for the Thai capital market since 2019 as the digital asset platform will be a key stepping stone for The Stock Exchange of Thailand to embrace new technological developments.

Last week, a remittance corridor has been opened between the 27 European Union (EU) countries and Thailand on the Stellar blockchain.