What are general rules on organization and management at the Ho Chi Minh City stock exchange in Vietnam?

What are general rules on organization and management at the Ho Chi Minh City stock exchange in Vietnam?

In Article 3 of the Regulations guiding securities transactions at the Ho Chi Minh City Stock Exchange attached to Decision 02/2012/QD-SGDHCM stipulating general rules on organization and management at the Stock Exchange Ho Chi Minh City stock exchange as follows:

3.1. Ho Chi Minh City Stock Exchange organizes trading for the following types of securities:

3.1.1. Share;

3.1.2. Fund certificates;

3.1.3. Bonds;

3.1.4. Other types of securities after approval by the State Securities Commission (hereinafter abbreviated as SSC).

3.2. Vietnam Securities Depository Center (hereinafter abbreviated as TTLKCK) issues stock codes for securities listed at Ho Chi Minh City Stock Exchange on the basis of consistency with the first character code allocation table of Ho Chi Minh City Stock Exchange. .

3.3. Securities listed at Ho Chi Minh City Stock Exchange are traded through the trading system of Ho Chi Minh City Stock Exchange, except for the following cases:

3.3.1. The cases specified in Points a, b, c, Clause 2, Article 3 of Circular 74/2011/TT-BTC issued on June 1, 2011;

3.3.2. In cases of public bids, transfers will be made according to the guidance of the State Securities Commission and current regulations;

3.3.3. Cases of post-transaction error correction are carried out through the transfer system of the VSD according to current regulations;

3.4. Based on the Member's request, the Ho Chi Minh City Stock Exchange will consider and approve the Member's ability to conduct transactions online or via the order entry system at the floor.

3.4.1. In case a Member trades online, the Member's trading activities must comply with this Regulation, the Online Trading Regulations issued by the Ho Chi Minh City Stock Exchange and other related decisions.

3.4.2. In case a Member uses the order entry system at the floor, Ho Chi Minh City Stock Exchange will consider and issue a terminal for the Member to enter orders into the Trading System of Ho Chi Minh City Stock Exchange. Ho Chi Minh City Stock Exchange may revoke or request to stop using terminal devices issued to members.

Only trading representatives of members can access and enter orders into the trading system of Ho Chi Minh City Stock Exchange through the order entry system at the floor. Activities of trading representatives must comply with this regulation and relevant regulations of the Ho Chi Minh City Stock Exchange on trading representatives.

Members are responsible for the performance of their trading representative's duties.

What are general rules on organization and management at the Ho Chi Minh City stock exchange in Vietnam? (Image from the Internet)

What are regulations on stock trading hours at Ho Chi Minh City Stock Exchange in Vietnam?

In Article 4 of the Regulations guiding securities transactions at the Ho Chi Minh City Stock Exchange attached to Decision 02/2012/QD-SGDHCM regulating trading times at the Ho Chi Minh City Stock Exchange Minh as follows:

4.1. Ho Chi Minh City Stock Exchange organizes stock trading from Monday to Friday every week, except for holidays according to the provisions of the Labor Code.

4.2. The specific trading time is decided by Ho Chi Minh City Stock Exchange after approval from the State Securities Commission.

What is suspension of stock trading at Ho Chi Minh City Stock Exchange in Vietnam?

In Article 5 of the Regulations guiding securities transactions at the Ho Chi Minh City Stock Exchange attached to Decision 02/2012/QD-SGDHCM regulating suspension of securities trading at the City Stock Exchange Ho Chi Minh as follows:

5.1. Ho Chi Minh City Stock Exchange suspends securities trading activities in the following cases:

5.1.1. The trading system of Ho Chi Minh City Stock Exchange encountered a problem;

5.1.2. When one quarter (1/4) or more of the Members have problems and cannot make online transactions;

5.1.3. When force majeure events occur that affect normal market trading activities such as natural disasters, fires, etc.;

5.1.4. The State Securities Commission requested to stop trading to stabilize the market;

5.1.5. Cases where Ho Chi Minh City Stock Exchange finds it necessary to protect investors' interests after receiving approval from the State Securities Commission.

5.2. Ho Chi Minh City Stock Exchange can base on the specific situation to decide to change trading times.

5.3. Ho Chi Minh City Stock Exchange reports to the State Securities Commission on the suspension and change of trading hours mentioned above before officially announcing it.

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