FSS was established on 11 February 2004 and operates business in (1) Securities Brokerage (2) Derivatives Brokerage (3) Investment Banking (4) Investment (5) Wealth Management (6) Derivative Warrants (7) Global Trading (8) Securities Borrowing and Lending (9) Bonds. FSS is a member of the Stock Exchange of Thailand No. 24 and a member of the Thai Bond Dealing Center, which operates securities business under the Securities and Exchange Act B.E. 2535 (as amended).
FSS has been granted a license to operate Type A securities business, namely (1) securities brokerage; (2) securities dealing; (3) investment advisory service; (4) securities underwriting; (5) securities borrowing and lending (principal and agent); and (6) private fund management (private fund). FSS also operates in the derivatives business under the Derivatives Act B.E. 2546 (2003) (as amended) and has been granted a license to operate Type Sor-1 derivatives business, namely (1) derivatives brokerage; and (2) derivatives dealing. Moreover, FSS has been approved by the SEC to operate other businesses, namely (1) financial advisor; (2) selling agent; and (3) bond dealer of the Thai Bond Dealing Center.
FSSIA was established on 1 August 2013 and operates in investment advisory securities business in Thailand whereby the Ministry of Finance has issued a securities business license in the category of investment advisory services to FSSIA since December 18, 2013, and the SEC has issued a derivatives business license in the category of derivatives advisory service to FSSIA since 2 January 2014.
FSL was established on 13 August 1993 and operates securities businesses in Thailand as follows: (1) Securities trading business, (2) Securities underwriting business and (3) Financial advisory business licensed by the SEC, providing (A) Valuation, (B) Mergers and Acquisitions (C) Equity and Debt Financing, (D) Financial Restructuring, (E) Corporate Restructuring as well as (F) Independent Financial Advisor. In addition, it also provides (G) financial advisory services in the issuance and offering of securities (Securities Offering), including the initial public offering (IPO), public placement (PP) and right offering (RO), (H) Listing and (I) Underwriting of securities such as underwriting of newly issued ordinary shares, etc.
FSL has obtained types of securities business licenses, including (1) Securities Brokerage (2) Securities trading (3) Investment advisory (4) Underwriting of securities; and (5) Being a future exchange broker. Under the said license, FSL currently operates only securities trading and securities underwriting. As for the brokerage and derivatives brokerage licenses, FSL has temporarily suspended this business since FSL sold the brokerage business to FSS in 2009. However, FSL can still operate Limited Broker, Dealer, and Underwriter (LDBU) business under the said license, and currently, FSL has yet to make plans to resume the said brokerage business.
FDA was established on 28 March 2022 and operates a brokerage or agent business for buying or exchanging digital assets for other persons in the normal course of business and obtaining other fees or remuneration, but not including being a broker or agent in the manner specified in the notification of the SEC. As of 31 March 2023, the FDA was in the process of preparing an application for a digital token brokerage license and the cryptocurrency broker is expected to approve the application within 2023.
SBIR was established on 22 February 2010 and operates securities business in Cambodia as follows: (1) Securities brokerage business and (2) investment banking business, including (A) Underwriting, (B) Fundraising through equities, equity mutual funds and fixed income funds, (C) Mergers and acquisitions; and (D) Developing a business plan with a joint venture with SBI Holdings in Japan (formerly Softbank Investment Corporation) and Royal Group in Cambodia. SBIR is licensed as an underwriter by the Securities and Exchange Regulator of Cambodia (SERC).