Derivatives transaction soars in August

VCN – Along with the excitement in the underlying market, transactions of the derivatives market in August 2023 also surged compared with the previous month.
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Derivatives transaction soars in August
Derivatives transaction surges in August.

VN30 index futures contract product sees an increase in trading volume of 49.51%, an average of 228,360 contracts/session, and an average transaction value (in contract terms) of VND 27,815 billion/session, an increase of 57.23% from the previous month.

The trading session on August 22 recorded the largest trading volume of the month, with 405,937 contracts. This is also the session with the largest trading volume from the beginning of the year until now.

At the last trading session of the month, open interest (OI) volume decreased by 19.84% to 49,759 contracts compared to the previous month. The trading session on August 1 recorded the highest open interest volume in the month, with 60,926 contracts.

Regarding investor structure, the trading proportion of foreign investors in August accounted for 2.49% of the total market trading volume. The proportion of proprietary trading transactions of securities companies accounted for 1.26% of the total market transaction value.

In August, the transaction of government bond futures products did not incur. There was no contract for the OI volume at the end of August. The volume of derivatives trading accounts increased by 3.02% month-on-month to 1,381,648 accounts.

By Hoai Anh/Ngoc Loan

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