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  • Regulations on Derivatives Trading

 

 

VN30

GB05

GB10

Trading hours

ATO periodic call auction

08:45 - 09:00

08:45 - 09:00

Morning continuous trading

09:00 - 11:30

09:00 - 11:30

Afternoon continuous trading

13:00 - 14:30

13:00 - 14:45

ATO periodic call auction

14:30 - 14:45

 

Put-through trading

08:45 - 14:45

08:45 - 14:45

Applicable orders

 

ATO, LO, MTL, MOK, MAK, ATC

ATO, LO, MTL, MOK, MAK

Underlying asset

 

VN30 Index

5-year government bonds, par value of 100,000 VND, nominal coupon rate of 5.0%/year, periodic coupon payment at the 12-month period, principal payment once at maturity

10-year government bonds, par value of 100,000 VND, nominal coupon rate of 5.0%/year, periodic coupon payment at the 12-month period, principal payment once at maturity

Multiplier

 

100,000 VND

10,000 VND

Contract size

 

100,000 VND * VN30 Index value

1 billion VND

Price band

 

± 7%

± 3%

Tick size

 

0.1 index points (equivalent to 10,000 VND)

1 index point (equivalent to 10,000 VND)

Reference price

 

Daily settlement price of the preceding trading day or a theoretical price in the first trading day

Final trading date

 

Third Thursday of the maturity month

The 15th day of the maturity month or the preceding trading day if the 15th day is a holiday

The 25th day of the maturity month or the preceding trading day if the 25th day is a holiday

Maturity month

 

Current month, next month and two last months of the next quarter

03 last months of the nearest 03 quarters

Final settlement price

 

is the simple arithmetic average of the Index for the last 30 minutes of the final trading day (including 15 minutes of continuous trading session and 15 minutes of ATC periodic call auction session), after excluding 3 highest index values and 3 lowest index values of the continuous trading session

Final settlement price at the final trading date

Payment mode

 

In cash

In kind

Trading mode

 

Order matching and put-through

Trade unit

 

01 contract

Order limit

 

500 contracts per order

Contract position limit

Professional institutional investor

20,000

10,000

10,000

Institutional investor

10,000

5,000

5,000

Professional individual investor

5,000

0

3,000

Individual investor

5,000

0

0

Order cancellation/ modification 

 

- Applied to only untraded or partially traded order;- Price and quantity cannot be modified at the same time- Not allowed in periodic call auction sessions;- Not allowed in put-through trades established by the trading system (engaged by both trading sides)

Trading suspension

 

- Order cancellation/modification is not allowed in the event of trading suspension- Order cancellation/modification is not allowed during the periodic call auction session after the trading is resumed.- Put-through trading is allowed in the periodic call auction after the trading is resumed