This data will be sent through SET’s price reporting system (PRS) , and will be available for member companies, analysts and vendors from 28 March, said the stock exchange.
The SET is expanding the ETF market by adding more funds and enhance the NAV of all ETFs, SET chief marketing officer Pakorn Peetathawatchai revealed.
To make it faster and more convenient for investors to update their information on ETFs, the SET will take the iNAV of ETFs, which all asset management companies which issue ETFs constantly every 15 or 30 seconds calculate during trading hours, and disseminate the data through the Thai Exchange’s information dissemination system to member companies and vendors.
"The iNAV gives an approximation of the NAV of each respective ETF while trading is active, giving an almost real-time NAV that tracks prices of a given basket of underlying securities, which are also being traded at any given time. iNAV helps investors more efficiently make investment decision on given ETF," reported Pakorn.
