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Strategies & Market Trends : Thailand

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To: Aaron Weiss who wrote (310)	11/4/1997 3:48:00 PM
From: Jethro	Read Replies (1) of 457

Aaron and Fred, thanks for the information. I called around today, and apparently Schwab, Fidelity and NDB will all handle trades on SET. Schwab and Fidelity charge normal commission rates. Schwab may discount for large orders or low-priced stocks. NDB charges $125 plus $0.02/share. They do this by going through a market maker in the U.S. during OUR normal trading hours. The U.S. market maker, I understand, will quote a larger spread than what's quoted on the SET, in part because of currency risk/expense. If the market maker doesn't have stock in inventory, he will buy it on SET, after the Thai market opens.

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