Market faces cooling measures

Since January 2005, individual investors trading on cash with maximum account value of less than Bt500,000 have been allowed not to place deposits worth 10 per cent of the investment value, in a measure to boost investment in the stock exchange. The requirement will be put back in place from October 1 onwards.

 Suthichai Chitvanich, executive vice president of Stock Exchange of Thailand, said after the board's meeting that the deposit requirement will boost investment discipline among investors and reduce risks on brokerage companies.

 "The end of this relaxation would reduce risks of both investors and brokerage companies and increase the market stability," Suthichai said.

- The Nation