Thai Floods May Prompt Water Derivatives Trading

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Dec. 15 (Bloomberg) -- Joe Vongkitbuncha, head of equity and structured derivatives at Asia Plus Securities Pcl, Thailand's third-biggest stock brokerage by market value, talks about water derivatives. Thailand may start trading of water derivatives, giving investors a means of hedging against disasters after the nation’s worst floods in almost 70 years, the Securities & Exchange Commission said. Vongkitbuncha speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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