. Clause 7/1. A securities company shall be a member of Thai Bond Market Association. The provision under the first paragraph shall not apply to the case where securities company cease the business as debt

a member of the Thai Bond Market Association. The provision under Paragraph 1 shall not be applicable in the case where a securities company ceases to undertake securities business in the category of

following characteristics: (1) being debt instruments registered with the Thai Bond Market Association; (2) in case of payment of return on such liquid assets, the return shall be either in the form of fixed

appointment of a person, who has registered as bond trader with the Thai Bond Market Association, to be investment consultant for providing consultation on debt securities for institutional investors on behalf

brokerage. (2) those persons appointed to perform functions at overseas branch office or overseas representative office; (3) the appointment of a person, who has registered as bond trader with the Thai Bond

Translation (Translation) PAGE (Translation) -5- Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC

TRANSLATED VERSION As of August 27, 2014 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. 37 Notification of the

called differently; “Market price” means price of equity instrument in securities exchange or price of debt instrument which was offered by Thai Bond Market Association, as the case mat be; “Association

(UNOFFICIAL TRANSLATION) Codified up to No.9 As of 20 February 2017 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for

(interest rate-linked options) หมายถึง สิทธิที่จะซื้อหรือขายสินทรัพย์อ้างอิงที่เป็นหรือผูกกับตราสารหนี้ กลุ่มตราสารหนี้ ดัชนีตราสารหนี้ หรืออัตราดอกเบี้ย 2.4.1.1 bond options หมายถึง ออปชันที่มีมูลค่าผูกกับ