What is trading transactions at Ho Chi Minh City Stock Exchange in Vietnam?

What is trading transactions at Ho Chi Minh City Stock Exchange in Vietnam?

According to the provisions of Article 19 of the Securities Trading Regulations at the Ho Chi Minh City Stock Exchange issued together with Decision 352/QD-SGDHCM in 2021 with regulations on implementation of transactions at the Ho Chi Minh City Stock Exchange as follows:

1. Stocks, closed-end fund certificates, ETF fund certificates, and large-lot warrants are traded according to the agreed method within the prescribed time.

2. Transactions of shares, closed-end fund certificates, ETF certificates, and warrants must comply with the regulations on daily price fluctuation amplitude and the regulations on ceiling and floor prices in Article 9.

3. The price for implementing the bond agreement transaction is the price of gross profit.

According to the provisions of Article 20 of the Securities Trading Regulations at the Ho Chi Minh City Stock Exchange issued together with Decision 352/QD-SGDHCM in 2021 with regulations on amending and canceling transactions at the Ho Chi Minh City Stock Exchange as follows:

1. Agreement transactions on the trading system are not allowed to be canceled.

2. In case of entering an incorrect transaction transaction, the Member is allowed to correct the transaction according to the procedure for correcting transaction errors issued by the Stock Exchange.

What are regulations during the break between trading sessions at the Ho Chi Minh Stock Exchange in Vietnam?

According to the provisions of Article 21 of the Securities Trading Regulations at the Ho Chi Minh City Stock Exchange issued together with Decision 352/QD-SGDHCM in 2021 regulating the break time between trading sessions at the Ho Chi Minh City Stock Exchange as follows:

During the break between morning and afternoon sessions, Members are not allowed to:

1. Enter orders, edit and cancel orders of matching transactions;

2. Advertise negotiable transactions, cancel advertising of negotiable transactions;

3. Execute the transaction, cancel the transaction.

What is establishment and cancellation of transactions at the Ho Chi Minh Stock Exchange in Vietnam?

According to the provisions of Article 22 of the Securities Trading Regulations at the Ho Chi Minh City Stock Exchange issued together with Decision 352/QD-SGDHCM in 2021 regulating the break time between trading sessions at the Ho Chi Minh City Stock Exchange as follows:

1. Securities transactions are established when the trading system matches buy and sell orders by centralized order matching method or records transactions by agreement method.

2. In case a transaction has been established that violates trading regulations or seriously affects the interests of investors or the entire transaction on the market, the Stock Exchange may recognize or cancel the transaction after reporting to the SSC.

3. In case of temporary suspension or suspension of transactions as prescribed in Points a and b, Clause 1, Article 5 of this Regulation, the Stock Exchange will base on the specific situation to decide to recognize or not recognize the transaction results.

What is principle of trading system that controls and discloses volume of shares and closed-end fund certificates of foreign investors at the Ho Chi Minh City Stock Exchange in Vietnam?

According to the provisions of Clause 1, Article 23 of the Securities Trading Regulations at the Ho Chi Minh City Stock Exchange issued together with Decision 352/QD-SGDHCM in 2021 regulating principle of trading system that controls and discloses volume of shares and closed-end fund certificates of foreign investors at the Ho Chi Minh City Stock Exchange as follows:

1. The trading system controls and announces the volume of shares and closed-end fund certificates that foreign investors are also allowed to buy according to the principles:

a) During the order matching transaction period:

- The volume of purchases of stocks and closed-end fund certificates by foreign investors is deducted from the volume still allowed to be purchased immediately after the purchase order is executed;

- The volume of shares and closed-end fund certificates sold by foreign investors is added to the volume still allowed to be purchased immediately after completing the transaction payment;

- Unfulfilled orders or parts of orders to buy shares or closed-end fund certificates of foreign investors will be automatically canceled if the remaining allowed buying volume is exhausted and the buy order is entered into the trading system again, it will not be accepted.

b) During the agreed transaction period:

- The volume of shares and closed-end fund certificates that are still allowed to be purchased by foreign investors will be reduced immediately after the agreed transaction is carried out if that transaction is between a foreign investor buying and a domestic investor selling;

- The volume of shares and closed-end fund certificates that are still allowed to be purchased by foreign investors will be increased immediately after completing the transaction payment if the transaction is between a foreign investor selling and a domestic investor buying;

- The volume of shares and closed-end fund certificates still allowed to be purchased by foreign investors will not change if the negotiated transaction is carried out between two foreign investors. The system allows negotiated transactions between two foreign investors to be carried out in cases where the foreign investor's remaining allowed purchasing volume is zero (0).

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