Bangkok: The Stock Exchange of Thailand (SET) has expanded investment opportunities in DRs, with DRs in the Americas and Europe available for trading day and night, starting May 6. All DRx have been converted to automatic DRs, allowing users to view information and trade through any channel. It has been revealed that there will be 30 new DRs in May 2025.
According to Thai News Agency, Dr. Rinjai Chakrapipat, Deputy Managing Director, Head of Marketing, Stock Exchange of Thailand (SET), revealed that the Stock Exchange of Thailand is preparing to extend the trading hours for foreign depositary receipts (DRs) referencing listed securities on stock exchanges in America and Europe to allow trading during the day and at night, from 10:00-16:30 and 19:00-03:00 (the following day), starting from May 6, 2025 onwards. Any outstanding orders for EU stock DRs will be cancelled after the market closes on May 2, 2025, while Asian DRs will continue to be traded during the day, which is in line with Thailand time.
For DRx (Fractional DR), which currently has 20 securities, all of which are DRs referencing securities in the US market, they will be automatically moved to be traded together with DRs on May 6, 2025 and will start trading according to the new DR time from 10:00 a.m. of the same day. If you do not wish to hold DRx, you can sell DRx of US stocks on the last day before the market closes. Any outstanding DRx orders will be canceled after the market closes. This service improvement will allow investors to track prices and send all DR orders on all trading platforms of the securities company using their current stock trading accounts.
DR and DRx products have been continuously gaining popularity among Thai investors. As of 23 April 2025, there were 89 DR and DRx securities, covering leading securities worldwide in the Americas, Europe, and Asia. There were 5 DR issuers, with a market capitalization of approximately 31,000 million baht and an average daily trading value of approximately 580 million baht, an increase of more than 140% from the previous year.
This extension of the DR trading period is expected to help Thai investors access and distribute their investments abroad through the Thai stock market more conveniently, meet investor needs, and support long-term product development.
Dr. Rinjai added that in May 2025, it is expected that there will be 30 new DRs from 5 existing DR issuers and 3 new issuers, reflecting that DR products have received interest from DR issuers and that they see the potential of the products, as well as reflecting interest from investors.