The Stock Exchange of Thailand signed a formal memorandum of understanding with the New York Stock Exchange on September 24, 2026, in New York, United States, establishing a comprehensive five-point framework to link the Thai and U.S. capital markets. Prime Minister Anutin Charnvirakul joined the proceedings as a witness to the agreement, which covers dual listings, cross-border exchange-traded funds, and environmental, social, and governance initiatives.
Five-Point Framework for Thai and U.S. Capital Markets
Assada Kongsiri, president and manager of the Stock Exchange of Thailand, outlined the five specific pillars of the new agreement. The pact provides structured guidelines for simultaneous dual listings, the cross-listing of exchange-traded funds, market data and index products, environmental, social, and governance development and services, and a direct exchange of information and expertise between the two operators.
“This cooperation will help connect businesses and investors between Thailand and the United States while increasing fundraising options for Thai listed companies,” Assada stated. He noted the agreement creates opportunities for Thai firms to access institutional investors and funding sources in a leading global market, while opening channels for international investors to access Thai assets.
Did You Know? The Stock Exchange of Thailand and the New York Stock Exchange have maintained a working relationship since 1992, beginning with market regulation before expanding their institutional ties over the last three decades.
Expanding Global Access and Foreign Investment Channels
The framework also expands fundraising pathways in the Thai market for foreign companies looking to invest in the country, aligning directly with the BOI to IPO initiative. Assada noted that the partnership reflects the exchange’s ongoing commitment to building competitiveness under its corporate vision as “The Trusted Gateway to Inclusive Opportunities.”
Will Goodwin, head of strategic operations and corporate affairs at the New York Stock Exchange, emphasized the depth of the existing relationship. “NYSE places importance on the long-standing good relationship it has with the Stock Exchange of Thailand, and this MOU marks another important step in tightening the cooperation between our two markets to be even closer, while creating new opportunities for issuers and investors,” Goodwin said, adding that the U.S. operator looks forward to supporting the long-term growth of Thailand’s capital market.
Frequently Asked Questions
When and where was the memorandum of understanding signed?
The agreement was signed on September 24, 2026, in New York, United States.
Who witnessed the signing ceremony?
Prime Minister Anutin Charnvirakul served as a witness to the agreement.
What are the five main areas of cooperation outlined in the agreement?
The five areas include dual listings, cross-listing of exchange-traded funds, market data and index products, environmental, social, and governance development and services, and the exchange of information and expertise.
Worth a look