The Stock Exchange of Thailand (SET) was of ficially opened for trading on 30 April 1975. The SET index started at 100 points and closed at 1,497.67 points at the end of 2014, while the market capitalization of SET increased from USD 7.46 billion in 1988 to USD 458 billion in 2014. In 2014, among ASEAN countries, the Thai stock market recorded the most liquid stock market with the average daily trading value of USD 1.4 billion (SET Annual Report 2014).