General regulations on transactions

1. Stock Exchange

Currently, all securities are traded on the Stock Exchange, which are the Ho Chi Minh City Stock Exchange (HSX) and the Hanoi Stock Exchange (HNX).

2. Listed securities

Listed securities include stocks, bonds and fund certificates.

3. Par value of securities

The par value of listed shares and investment fund certificates is uniformly VND 10,000; bonds are VND 100,000.

4. Transaction time

Trading sessions are conducted from Monday to Friday every week, except for public holidays, New Year's Day, and other public holidays as prescribed by the Labor Law, the State Securities Commission, and the Stock Exchange.

5. Open an account

  • Investors are allowed to open many accounts at different securities companies. Investors are only allowed to open one securities trading account at one securities company.
  • When opening accounts at securities companies, investors must declare all open accounts at other securities companies.
  • When opening an account at CASC, the investor must bring the original identity card for the officer to open the account for comparison.

6. Intraday trading

Investors are allowed to place buy and sell orders during the trading session, but comply with the following regulations: Investors are not allowed to place orders to buy (sell) the same securities in each matching session on the same account or different accounts owned by investors, Specifically:

  • Do not place buy and sell orders together in session 1 or session 3 (HSX)
  • In a continuous trading session (both HSX and HNX) or session 3 (HSX), investors are only allowed to buy (sell) the same securities if a sell (buy) order of the same type of securities has been executed entire before or having canceled the entire unmatched order securities balance.
  • Investors are not allowed to use their different accounts opened at securities companies to buy and sell the same securities on the trading day (to avoid the situation that different accounts match orders, but because one investor owns those accounts or the investor authorizes another person to trade, resulting in not actually transferring ownership).

7. Authorization

  • The authorization must be made in the form of an authorization contract certified by the local government or notarized according to regulations.
  • Each account holder will only be authorized for one person. The authorized person will not be able to re-authorize a third person.
  • For put-through transactions: The authorized person is not allowed to make transactions for himself or a third party he is authorized. For example: Mr. A authorizes Mr. B, Mr. C authorizes Mr. B, then Mr. A cannot agree with Mr. B or Mr. C.


 
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