Gold Futures Trading in Thailand
Posted by admin on 2012-04-23 22:57:17 ICT
Currently there are 6 gold companies with gold futures brokerage license on the Thailand Futures Exchange (TFEX); they are:
Ausiris Futures Co., Ltd.
With over 50 years experience in the gold business, Classic Gold Group’s futures trading brokerage started in 2010. They also have online trading facilities.
GT Wealth Management
With a background of over 50 years experience in selling gold bars and ornaments, GT Wealth Management was established to run a derivatives and futures trading in Gold, with its offices at the Thai CC Tower.
Hua Seng Heng is one of the oldest gold shops around, selling gold since 1951. It was only recently, in 2009, that the company started its brokerage business of gold futures trading. Hua Seng Heng Gold Futures has its offices at the Hua Seng Heng Tower in Yaowarat. They have online facilities for gold trading as well.
MTS Gold has been in the business of wholesale gold supply to retailers since 1952, and later expanded to import and export of gold. MTS, short for “Mae Thong Suk” has 4 gold shops, and it is also a brokerage member for gold futures on the TFEX. The gold futures trading is managed by the MTS Gold Futures office in Central World; while its subsidiary HR Gold and Silver on Supsin Road, Wang Burapha, oversees gold and silver spot trading. It also has online trading facilities.
YLG Groupstarted with theYoo Lim Gold Factory Co, Ltd. a leading manufacturer and exporter of gold jewelry, and YLG Bullion International Co., Ltd. supplying gold bars to domestic jewelry manufacturers and investors. YLG Bullion & Futures Company Limited was created to become a registered brokerage house with the Thailand Futures Exchange (TFEX), dealing exclusively in gold futures. As one of the largest gold trading companies in Thailand, YLG Bullion & Futures facilitates customers of all types ranging from large gold retailers and jewelry companies that want to hedge risk with gold futures, to individuals who are interested in gold futures investment to further diversify their portfolios.