, methods used must be done with speed, transparency, low costs with participation of all related parties.

Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and

ESSAY 2: AN EXAMINATION INTO BUY-SELL ASYMMETRY OF PRICE BEHAVIOR AROUND TRADES AND TRADING COSTS OF TRADES: EVIDENCES FROM TH 1 THE ASYMMETRY OF PRICE BEHAVIOR AROUND BUY AND SELL TRADES: NEW

operate such businesses with reasonable costs because the current licensing regime under the Ministerial Regulation is securities license which includes various groups of securities business and all

decelerated of marketing activities as well as a decrease in space of property expenses. For the fourth quarter of 2020, the consolidated operating and administrative expenses were 2,160 million baht

decelerated of marketing activities as well as a decrease in space of property expenses. For the fourth quarter of 2020, the consolidated operating and administrative expenses were 2,160 million baht

decelerated of marketing activities as well as a decrease in space of property expenses. However, the Company still maintained effective operating cost control with cost to income ratio at 38% of total revenues

property expenses. For the second quarter of 2021, the consolidated operating and administrative expenses were 1,980 million baht, decreasing by 40 million baht or 2% y-y. However, the Company still

can be reduced continuously. In addition, the government lockdown measures have reduced marketing activities, transportation expense and rental and property expenses. For the third quarter of 2021, the

operating and administrative expense was mainly from the reduction of personal expense 3%, transportation expense 30% and marketing expense 14% as well as a decrease in space of property expenses 11% compared