The Stock Exchange of Thailand and Nasdaq Expand Strategic Partnership

The move, which is also expected to reinforce SET’s role as a regional financial hub, will see it promote the adoption of Nasdaq’s advanced risk and surveillance platforms across its member community. 

The initiative builds on SET’s prior deployment of Nasdaq technology and aims to drive consistency and transparency across Thailand’s capital market infrastructure.

“This integrated approach enhances our ability to detect market abuse, monitor high-frequency trading and short-selling activities, and reinforce Thailand’s leadership position in ASEAN’s capital markets,” said Asadej Kongsiri, President of SET.

Furthermore, the firms said the partnership will leverage Nasdaq’s AI-powered systems and risk-management tools to align SET’s infrastructure with global standards and improve systemwide efficiency. 

Nasdaq’s technology is already used by a majority of the world’s systemically important banks and leading stock exchanges.

“Our expanded technology partnership with SET supports their continued modernization journey to enhance the liquidity, transparency and integrity of their market,” said Tal Cohen, President of Nasdaq.

SET and Nasdaq will also collaborate on new innovations and regional opportunities.