Thailand's securities brokerage industry is accelerating its transformation as declining commission fees and volatile trading volumes continue to pressure profitability, prompting firms to diversify revenue streams beyond traditional brokerage services.
According to Pichet Sithi-Amnuai, chairman of the Association of Thai Securities Companies (Asco), the sector's ability to weather the downturn depends on trading activity, capital strength, and the success of new investment products that can attract a broader investor base.