SET and Nasdaq Strengthen Partnership to Modernize Thailand’s Capital Markets
SET and Nasdaq expand partnership to enhance Thailand’s capital markets through advanced technology and risk management solutions.
Quiver AI Summary
The Stock Exchange of Thailand (SET) and Nasdaq have announced an expanded technology partnership aimed at modernizing Thailand’s capital markets by enhancing market resilience and integrity. This collaboration will promote the adoption of Nasdaq’s advanced risk and surveillance platforms among SET’s members, advancing infrastructure consistency and improving efficiency, transparency, and risk management across the market ecosystem. The partners intend to leverage Nasdaq’s AI capabilities and technology expertise to innovate and address operational challenges while reinforcing investor trust. SET’s leadership highlighted that this initiative is crucial for attracting international investment and maintaining Thailand’s competitive position in ASEAN’s capital markets. Together, SET and Nasdaq aim to establish a robust, future-ready capital market that positions Thailand as a regional financial hub and innovation leader.
Potential Advantages
- SET and Nasdaq announced an expanded strategic partnership aimed at modernizing Thailand’s capital markets, which is expected to enhance system-wide efficiency, transparency, and risk management.
- The collaboration leverages Nasdaq’s advanced risk and surveillance technology, aiming to strengthen market resilience and integrity, which is crucial for attracting international investment and fostering investor confidence.
- This partnership positions SET to reinforce its leadership role in ASEAN capital markets by promoting better risk management practices and infrastructure among its member community.
- Combined efforts between SET and Nasdaq will drive innovation, potentially unlocking new opportunities for clients across the Southeast Asian region.
Potential Drawbacks
- The press release contains extensive forward-looking statements that include risks and uncertainties, which may create skepticism about the actual impact and benefits of the partnership.
FAQs
What is the purpose of the partnership between SET and Nasdaq?
The partnership aims to modernize Thailand’s capital markets, enhancing market resilience, integrity, and aligning with global standards.
How will Nasdaq’s technology benefit the Stock Exchange of Thailand?
Nasdaq’s technology will promote risk management, market integrity, and efficiency, helping to improve transparency and investor confidence.
What specific technologies will SET adopt from Nasdaq?
SET will adopt Nasdaq’s advanced risk and surveillance platforms to strengthen market infrastructure and enhance operational efficiency.
How does this collaboration impact investors in Thailand?
This collaboration fosters greater trust and confidence among investors by enhancing the resilience and integrity of Thailand’s capital market ecosystem.
What are the long-term goals of SET in this partnership?
SET aims to establish a future-ready capital market ecosystem and reinforce Thailand’s position as a regional financial hub and innovation leader.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. see the full release here.
$NDAQ Insider Trading Activity
$NDAQ insiders have traded $NDAQ Stock on the open market 13 times in the past 6 months. Of those trades, 1 has been purchases and 12 have been sales.
here’s a breakdown of recent trading of $NDAQ Stock by insiders over the last 6 months:
- BRADLEY J PETERSON (EVP, CIO) has made 0 purchases and 3 sales selling 31,184 shares for an estimated $2,476,180.
- JEREMY SKULE (Executive Vice President) has made 0 purchases and 3 sales selling 24,149 shares for an estimated $1,927,391.
- SARAH YOUNGWOOD (Executive Vice President) sold 14,959 shares for an estimated $1,102,179
- COHEN TAL (President, Market Platforms) sold 8,955 shares for an estimated $749,981
- BRYAN EVERARD SMITH (EVP, CPO) has made 0 purchases and 4 sales selling 7,289 shares for an estimated $569,717.
- ALFRED W ZOLLAR purchased 2,542 shares for an estimated $203,970.
To track insider transactions, check out Quiver Quantitative’s insider trading dashboard.
$NDAQ Hedge Fund Activity
We have seen 485 institutional investors add shares of $NDAQ Stock to their portfolio, and 363 decrease their positions in their most recent quarter.
here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 3,876,935 shares (-10.0%) from their portfolio in Q4 2024, for an estimated $299,725,844.
- BAIN CAPITAL PUBLIC EQUITY MANAGEMENT II, LLC removed 2,321,147 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $179,447,874.
- JANE STREET GROUP, LLC removed 1,728,202 shares (-99.5%) from their portfolio in Q4 2024, for an estimated $133,607,296.
- AMERIPRISE FINANCIAL INC added 1,650,201 shares (+37.9%) to their portfolio in Q4 2024, for an estimated $127,577,039.
- INVESCO LTD. added 1,592,057 shares (+40.8%) to their portfolio in Q1 2025, for an estimated $120,773,444.
- DIAMOND HILL CAPITAL MANAGEMENT INC removed 1,400,678 shares (-34.0%) from their portfolio in Q1 2025, for an estimated $106,255,433.
- TWO SIGMA INVESTMENTS, LP removed 1,299,326 shares (-59.3%) from their portfolio in Q4 2024, for an estimated $100,450,893.
To track hedge funds’ Stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard.
$NDAQ Analyst Ratings
Wall Street analysts have issued reports on $NDAQ in the last several months. We have seen 1 firm issue buy ratings on the Stock, and 0 firms issue sell ratings.
here are some recent analyst ratings:
- Raymond James issued a “Outperform” rating on 01/09/2025.
To track analyst ratings and price targets for $NDAQ, check out Quiver Quantitative’s $NDAQ forecast page.
Full Release
NEW YORK and BANGKOK, May 13, 2025 (GLOBE NEWSWIRE) — The Stock Exchange of Thailand (SET) and Nasdaq (Nasdaq: NDAQ) today announced an expanded strategic technology partnership aimed at modernizing Thailand’s capital markets. The collaboration focuses on strengthening market resilience and integrity while aligning with global standards and leveraging Nasdaq’s AI capabilities.
SET will promote the adoption of Nasdaq’s risk and surveillance platforms within its member community to help drive consistent infrastructure across its market ecosystem. The initiative builds on SET’s own deployment of Nasdaq’s advanced surveillance and risk technology with the goal of enhancing system-wide efficiency,
SET Partners with Nasdaq to Enhance Thailand’s Capital Markets
Nasdaq and the Stock Exchange of Thailand (SET) are teaming up to modernize market infrastructure and improve transparency and risk management. This partnership aims to utilize common market infrastructure and Nasdaq’s continued investment in enhancing platform capabilities, application architecture, APIs, AI integration, and product development.
“The Stock Exchange of Thailand plays a vital role in supporting sustainable growth and attracting capital investment in Thailand and the broader Southeast Asia region,” stated Tal Cohen, President of Nasdaq. “Our expanded technology partnership with SET supports their ongoing modernization efforts, significantly enhancing market liquidity, transparency, and integrity, which in turn fosters trust and investor confidence in the financial ecosystem.”
Asadej Kongsiri, President of SET, emphasized the importance of resilience and integrity in capital markets, stating, “By adopting Nasdaq’s advanced risk and surveillance solutions and promoting them across our member community, we are laying the groundwork for prudent risk management and capital efficiency. This integrated approach strengthens our capability to detect market abuse, monitor high-frequency trading, and reinforce Thailand’s leadership position in ASEAN’s capital markets.”
Globally, Nasdaq’s technology is employed by 97% of systematically important banks, half of the world’s top 25 stock exchanges, 35 central banks, and over 3,800 clients in the financial services industry. As a robust platform partner, Nasdaq leverages its industry experience, technology expertise, and cloud-managed services to assist financial institutions in overcoming operational challenges while promoting modernization.
“Our unwavering focus on R&D enhances our capacity to drive tech modernization across global capital markets,” said Magnus Haglind, Head of Marketplace Technology at Nasdaq. “This expanded partnership reflects our ability to build strategic relationships across a suite of mission-critical solutions, and we look forward to working with SET to reinforce Thailand’s capital market ecosystem.”
SET and Nasdaq will also collaborate to innovate and create new opportunities for clients in the region, combining SET’s deep market insight with proven client-centric solutions and technical expertise. This will further bolster the partnership between the two organizations.
Together, SET and Nasdaq are establishing a robust capital market ecosystem to enhance Thailand’s status as a regional innovation leader and financial hub.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company that serves corporate clients, investment managers, banks, brokers, and exchange operators in their interactions with the capital markets and the broader financial system. Nasdaq aims to enhance global liquidity, transparency, and integrity through innovative platforms. Their diverse range of data, analytics, software, exchange capabilities, and client-centric services helps clients execute their business visions effectively. For more information, visit www.nasdaq.com.
About Stock Exchange of Thailand
The Stock Exchange of Thailand (SET) is one of the most liquid exchanges in ASEAN, offering a comprehensive range of investment products, including equities, trading infrastructure, and technology services. SET’s vision “To Make the Capital Market ‘Work’ for Everyone” aligns with its goal of supporting economic growth and competitiveness. Additionally, SET actively coordinates with other exchanges to boost investment opportunities and emphasizes sustainable growth through environmental, social, and governance (ESG) practices.
Media Contacts:
Andrew Hughes; +44 (0)7443 100896;
[email protected]
Camille Stafford; +1 (234) 934 9513;
[email protected]
Arada Therdthammakun; +66 (0) 2009 9483;
[email protected]
-NDAQG-
Cautionary Note Regarding Forward-Looking Statements:
Information in this press release includes forward-looking statements that carry risks and uncertainties. Nasdaq advises that such information does not guarantee future performance, and actual results may differ significantly. Forward-looking statements are recognized by terms like “will” and similar phrases. These statements relate to anticipated benefits of Nasdaq’s technology partnership with SET and involve risks outside Nasdaq’s control. More details are available in Nasdaq’s filings with the U.S. Securities and Exchange Commission on its investor relations website and the SEC’s website.
