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Regulations on Derivatives Trading
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VN30 |
GB05 |
GB10 |
Trading hours |
ATO periodic call auction |
08:45 - 09:00 |
08:45 - 09:00 |
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Morning continuous trading |
09:00 - 11:30 |
09:00 - 11:30 |
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Afternoon continuous trading |
13:00 - 14:30 |
13:00 - 14:45 |
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ATO periodic call auction |
14:30 - 14:45 |
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Put-through trading |
08:45 - 14:45 |
08:45 - 14:45 |
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Applicable orders |
ATO, LO, MTL, MOK, MAK, ATC |
ATO, LO, MTL, MOK, MAK |
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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 |
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Multiplier |
100,000 VND |
10,000 VND |
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Contract size |
100,000 VND * VN30 Index value |
1 billion VND |
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Price band |
± 7% |
± 3% |
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Tick size |
0.1 index points (equivalent to 10,000 VND) |
1 index point (equivalent to 10,000 VND) |
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Reference price |
Daily settlement price of the preceding trading day or a theoretical price in the first trading day |
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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 |
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Maturity month |
Current month, next month and two last months of the next quarter |
03 last months of the nearest 03 quarters |
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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 |
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Payment mode |
In cash |
In kind |
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Trading mode |
Order matching and put-through |
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Trade unit |
01 contract |
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Order limit |
500 contracts per order |
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Contract position limit |
Professional institutional investor |
20,000 |
10,000 |
10,000 |
Institutional investor |
10,000 |
5,000 |
5,000 |
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Professional individual investor |
5,000 |
0 |
3,000 |
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Individual investor |
5,000 |
0 |
0 |
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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) |
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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 |