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Bangkok Post
Bangkok Post
Business

Call to solve trading free-for-all

Following the MORE fiasco, the Stock Exchange of Thailand has been urged to identify irregular trading orders in a more timely manner.

Regulatory loopholes and the lack of a timely warning system pose major risks for stock market regulators and investors when lesser-known stocks come into the spotlight, shaking public confidence in the Thai bourse.

On the morning of Nov 10, shares of More Return Plc (MORE), listed on the Market for Alternative Investment (MAI), opened at 2.90 baht apiece, up 4.3% from the previous session. They quickly fell to a floor price of 1.95 baht.

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