• Thai TCH issued a notification on the exceptions to the price criteria for short selling.
• For alignment with Thai GVT's policy to mobilize capital through VAYU1, in order to enhance public savings, investment and support the development of capital markets.
• Follows Thai SET 26 September 2024 circular re Vayupak fund one (VAYU1).
• Document dated 27 September 2024, received from Thai TCH 30 September summarized 3 October 2024.

Criteria

• The criteria regarding the price for short selling shall not be applied to a joint dealer of investment units of an ETF mutual fund that makes short sales in accordance with Thai TCH short selling regulations conducting proprietary, arbitrage trades for profit.
• To a liquidity provider whose duty is to maintain liquidity depositary receipts, ETF investment units, foreign ETF units and Vayupak fund one (VAYU1) investment units.

Effectiveness

• The published notification shall come into force from 1 October 2024.