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Guidelines for bond trading

 

1. Conditions for bond trading

 

  • The customer has registered to trade individual bonds at NVS and has been accepted by VSDC at least 01 working day before starting the transaction (or according to the regulations of each period of the management agency);
  • The customer is identified as a professional investor according to the provisions of the securities law when purchasing individual bonds;
  • The customer has signed the Investor Confirmation before purchasing bonds according to the form prescribed in Appendix V of Decree 65/2022/ND-CP before starting the transaction.

 

2. Trading time

 

From Monday to Friday every week, except holidays as prescribed by the Labor Code and announced by HNX. Daily trading sessions include:

Session Trading method Trading time
Morning session Negotiable transaction 09:00 – 11:30
Lunch break 11:30 – 13:00
Afternoon session Negotiable transaction 13:00 – 14:45

3. Types of orders

 

  • Immediate payment order: is a form of transaction in which money and bonds are paid immediately after the order is matched
  • End of day payment order: is a form of transaction in which money and bonds are paid at the end of the trading day (T+0).

 

4. Order placement method

 

Place orders directly at the counter

 

5. Order matching method

 

Order matching method: is a negotiated order matching method in which members agree with each other on transaction conditions.

 

6. Transaction unit

01 bond

 

7. Trading volume

 

  • Minimum trading volume: 01 bond
  • Maximum trading volume:not exceeding the total registered trading volume of the bond

 

8. Price unit

 

01 VND