What are general rules when trading stocks at Ho Chi Minh City Stock Exchange in Vietnam?
What are general rules when trading stocks at Ho Chi Minh City Stock Exchange in Vietnam? What are trading hours when trading stocks at Ho Chi Minh City Stock Exchange in Vietnam? What is suspension, partial or complete termination or restoration of trading activities at the Ho Chi Minh City Stock Exchange in Vietnam?
Please advise. Thankyou.
What are general rules when trading stocks at Ho Chi Minh City Stock Exchange in Vietnam?
In Article 3 of the Regulations on Securities Trading at the Ho Chi Minh City Stock Exchange issued with Decision 352/QD-SGDHCM in 2021, there are regulations on general rules when trading securities at the Ho Chi Minh City Stock Exchange as follows:
1. The Stock Exchange organizes trading for the following types of securities:
a) Stocks;
b) Closed-end fund certificates;
c) ETF fund certificates;
d) Bonds;
d) Covered warrants (hereinafter abbreviated as warrants);
e) Other types of securities after approval by the State Securities Commission (hereinafter abbreviated as SSC).
2. Securities listed at the Stock Exchange are traded through the trading system of the Stock Exchange, except for cases of ownership transfer outside the stock trading system according to the provisions of law in Clause 2, Article 6 of Circular No. 119 /2020/TT-BTC dated December 31, 2020 of the Minister of Finance regulating registration, depository, clearing and settlement of securities transactions.
3. Members must comply with these Regulations, the Trading Member Regulations issued by the Stock Exchange and other related regulations.
In Clause 1, Article 6 of the Regulations on Securities Trading at the Ho Chi Minh City Stock Exchange issued with Decision 352/QD-SGDHCM in 2021, there are regulations on order matching methods when trading securities at the Ho Chi Minh City Stock Exchange is as follows:
1. Order matching method
The Stock Exchange organizes securities trading through the trading system using centralized order matching trading method and agreement trading method.
Centralized order matching methods include: Periodic order matching and continuous order matching.
What are general rules when trading stocks at Ho Chi Minh City Stock Exchange in Vietnam? (Image from the Internet)
What are trading hours when trading stocks at Ho Chi Minh City Stock Exchange in Vietnam?
In Article 4 of the Regulations on Securities Trading at the Ho Chi Minh City Stock Exchange issued with Decision 352/QD-SGDHCM in 2021, there are regulations on trading time when trading securities at the Ho Chi Minh City securities are as follows:
1. The Stock Exchange organizes stock trading from Monday to Friday every week, except for holidays according to the provisions of the Labor Code.
2. Trading hours applied at the Stock Exchange are specified as follows:
|
Session |
Transaction method |
Trading hours |
|
Stocks, closed-end fund certificates, ETF fund certificates, warrants |
||
|
Morning session |
Periodic order matching opens |
09:00' - 09:15' |
|
Continuous order matching I |
09:15'- 11:30' |
|
|
Transactions |
09:00' - 11:30' |
|
|
Lunch break |
11:30'- 13:00' |
|
|
Afternoon session |
Continuous order matching II |
13:00' - 14:30' |
|
Order matching periodically closes |
14:30' - 14:45' |
|
|
Transactions |
13:00' - 15:00' |
|
|
Bonds |
||
|
Morning session |
Transactions |
09:00' - 11:30' |
|
Lunch break |
11:30'- 13:00' |
|
|
Afternoon session |
Transactions |
13:00' - 15:00' |
|
Market closed |
15:00' |
|
What is suspension, partial or complete termination or restoration of trading activities at the Ho Chi Minh City Stock Exchange in Vietnam?
In Article 5 of the Regulations on Securities Trading at the Ho Chi Minh City Stock Exchange issued with Decision 352/QD-SGDHCM in 2021, there are regulations on temporary suspension, partial or complete suspension or restoration of trading activities at Ho Chi Minh City Stock Exchange are as follows:
1. The Stock Exchange temporarily suspends, partially or completely suspends or restores trading activities in the following cases:
a) To carry out activities to respond to and overcome incidents, events and fluctuations affecting the safety, stability and integrity of the stock market specified in Article 302 of Decree 155/2020/ND- CP.
b) Cases specified in Article 304 of Decree 155/2020/ND-CP.
c) Cases specified in Article 29 of this Regulation.
2. The Stock Exchange, based on the specific situation, decides on the period of suspension, suspension and resumption of trading for the cases specified in Points a and c, Clause 1 of this Article.
3. The Stock Exchange shall report to the State Securities Commission on the suspension, suspension and resumption of trading specified in Point a, Clause 1 of this Article before officially announcing.
Best regards!
