Home > News & Activities > SCBS expands worldwide investment channels through SCBS Global Trade
Impressed by the excellent investor response to its international securities business, which has met growth targets only one year after its debut, SCB Securities has forged ahead with a plan to expand worldwide investment channels through the online “SCBS Global Trade” system.
SCBS Chief Executive Officer M.L. Thongmakut Thongyai said the number of investors applying for international securities trading accounts had been increasing continuously since their introduction last year, with the number of Thai and foreign clients opening trading accounts reaching more than 250, as targeted.
The company projected that its international securities business will continue enjoying double digit growth in 2015 as investors are increasingly familiar with international securities investment patterns and understand that it can help diversify risks while earning more returns.
Realizing the opportunities and increasing needs, he said, SCBS had gone ahead with its marketing plans targeting wealthy customers and expanding service channels through its online “SCBS Global Trade” system to provide them with increased investment convenience and efficiency.
“Some investors feel the Thai stock market will be more volatile this year than last year, and the price gap may not be attractive enough. Some overseas stock markets provide higher yields than local markets. Under the circumstances, greater attention should be paid to international securities service this year, and we have not hesitated to expand our service channels through our online SCBS Global Trade system. The system enables investors to trade securities on nine stock markets worldwide on their own every hour of every day, which will help enhance profit-making opportunities,” he said.
Mr. Viravate Vongkitbuncha, Senior Vice President of the SCBS International Securities Department, said the online “SCBS Global Trade” system is an international securities trading channel investors can use to buy and sell securities in real-time on their own in nine leading overseas stock markets located in the United States, the United Kingdom, France, Switzerland, Italy, Australia, Canada, Sweden, and Hong Kong. The system features various functions designed to let investors manage their investments more efficiently, such as advance bidding and offering, fundamental and technical data for securities worldwide, and real-time investment portfolio monitoring. Investors can also contact online international securities business officers to seek recommendations. The online services are made available through Internet browsers, smart phones and tablets, and programs installed on computers.
Mr. Viravate said that the company is ready to provide advice to interested investors as statistics revealed that stock markets in some countries provided high yields as high as 60% in the second half of 2014, making them an alternative investment channel that investors should not overlook.
Currently, SCBS has expanded its international securities trading service to 18 countries around the world, including Malaysia, Vietnam, Indonesia, the Philippines, Singapore, the United States, Canada, the United Kingdom, France, Germany, Switzerland, Australia, Japan, Korea, Hong Kong, China, Sweden, and Italy. The company is determined to further expand investment channels into other countries in the future. For further information, please contact the International Securities Department at 02-949-1225 or visit our website at offshore@scb.co.th or www.scbs.com .