Poor liquidity stalls long-dated Thai derivatives market

Demand for long-dated products in Thailand remains strong, but thin markets make filling this void difficult. However, some reforms are afoot

Thai markets had a tumultuous six months in the first half of the year, following December's anti-government protests. With the staging of a coup in May, and the imposition of a military-backed junta, interest has now returned and foreign investors have been building up their exposure to the Thai market once again (see chart below).

Renewed foreign interest in Thailand is likely to give impetus to