estate sector. 2.2 Market Risk Management Overall, movements in foreign exchange and interest rates during this quarter, at home and abroad, remained highly volatile in line with the global market. With
activity, thus dampening Thai economic growth during the second half of the year. Other challenges included volatile foreign exchange movement and international capital flows as well as the rapid evolution
established market risk management processes for new financial products, and improved related processes for existing products. In 2019, global financial markets were quite volatile due mainly to the unresolved
. Sample Selection and Firm value measure 6 7 GPR measure ❑ We use novel measure of GPR index developed by Caldara and Iacoviello, 2022. The index is based on frequency of text-search algorithm from 11
, constrained by the cyclical and volatile nature of the securities industry and the downward pressure on commission rates, a result of intensifying competition. บรษิทัหลกัทรพัย ์เคจีไอ (ประเทศไทย) จํากดั )มหาชน
, decreasing by Baht 14.98 million, mainly from unrealized loss from investment in listed securities due to the highly volatile market this quarter which resulted from the uncertainty of COVID-19 outbreak and
highly volatile, the securities clearing house may require margin more than once a day; (3) appropriate review of the validation of the model and parameter to keep them up-to-date at least once a year; (4
and positions of the member and the client, and where it appears that the price is highly volatile and the margin placed by the member is insufficient, the intraday margining and the daily mark-to
climate-related physical or transition risk changes over the short, medium, and long term. Novel and uncertain nature Many of the effects of climate change have no precedent, limiting the ability to apply
changing international accounting principles. In developing market infrastructure to enhance local players' competitiveness on the global arena, the SEC encouraged securities companies to initiate novel