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Thai exchange to use AI to improve oversight of listed firms

Bloomberg
Bloomberg • 2 min read
Thai exchange to use AI to improve oversight of listed firms
Late warnings and delayed enforcement have been among the reasons for investors’ waning confidence in the Thai stock market, says Asadej Kongsiri, president of Stock Exchange of Thailand. Photo: Bloomberg
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Thailand’s stock exchange plans to use artificial intelligence (AI) tools to improve monitoring of listed companies as it grapples with rising instances of corporate fraud. 

The AI adoption will help the bourse quickly discover any occurrence of irregular share price movements and trading and notify investors, said Asadej Kongsiri, the president of Stock Exchange of Thailand.

Late warnings and delayed enforcement have been among the reasons for investors’ waning confidence in the Thai stock market, he said.

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