The Stock Exchange of Thailand Opens Trading for 30 New DRs Referencing U.S. Stocks and ETFs
Published
The Stock Exchange of Thailand (SET) has opened trading for 30 new Depositary Receipts (DRs) referencing securities of the United States. These securities are listed on the Nasdaq and the New York Stock Exchange (NYSE). P Securities Company is the issuer of this DR series.
DRs are trust certificates that allow Thai investors to invest in foreign stocks through the domestic stock exchange without having to open trading accounts overseas. The new DR series includes shares of U.S. technology companies and exchange-traded funds (ETFs), which are funds that trade on the exchange like stocks, giving investors a wider range of investment options.
Trading of this DR series begins on October 15. Interested persons can review the details of each item and the risks involved from the securities issuer and the SET before making an investment decision, as investing in foreign securities carries risk factors related to exchange rates and price volatility in the U.S. market.
Sources: TNN Thailand
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