following matters: (1) good governance and clear, transparent organization structure; (2) effective risk management for legal, credit, liquidity, operation, and other risks, with measures to appropriately

better liquidity management, relaxing rules governing the merger of mutual funds and prescribing rules on unitholdersû records ● Promoted the issuance of license to operate inter-dealer broker (IDB

developments for operators in the communications sector, while companies in the energy sector enjoyed better earnings in line with the rising price of oil. Despite weakening market sentiment, market liquidity

investors, institutional investors, and foreign investors so that capital market will have sufficient liquidity and stability. [ Goal 1 ]17 . . . . . . . . While Derivatives Act has not yet been promulgated

contributor to the liquidity in the derivatives market, accounting for 55 percent of the total contracts, while local institutional and foreign investors accounted for 25 percent and 20 percent, respectively

trading short-term debt securities, especially BOT bonds, and treasury bills due to market liquidity. Inter-dealer transactions1 amounted to 30 percent in 2006, increasing from 23 percent in 2005. Among