More than 35,000 derivative transaction accounts
Stock market in 2017 saw a rapid growth | |
Supervise strictly operation of derivative market | |
Derivative securities market: Big opportunities accompanied with big risks |
Total derivatives transaction accounts by the end of June 2018 doubled those by the end of 2017. |
Accordingly, transaction activity has grown strongly in all criteria with transaction volumes of following months being higher than previous months. The derivative market has become an attractive investment channel for investors in the context of movement of base market.
According to HNX, the average transaction volume and value (according to contract value) were 45,767 contracts/session and VND 4,660 billion/session respectively. By the end of June 2018, the volume of Open Interest (OI) gained 11,812 contracts, up by 46.24% compared to the end of 2017.
Total derivative transaction accounts by the end of June 2018 were 35,275 accounts, doubling those by the end of 2017 (equivalent to 1.72% of total transaction accounts of the securities market).
Derivative securities market operates more stably VCN- Securities experts assess that the derivative securities market will be more stable in the first quarter ... |
However, the transactions mainly concentrated on domestic individual investors, accounting for 98.34% of the total transactions, the domestic organization investors accounted for only 1.54%, mainly on self-business activities of stock companies. Foreign investors accounted for only 0.12%.
Related News
Pressure on Corporate bond maturity will fall in mid-2024
20:10 | 07/04/2024 Finance
Strengthen supervision of information disclosure obligations of listed organizations
07:50 | 29/12/2023 Finance
Enterprises listed on the stock exchange are still limited
19:02 | 23/07/2023 Finance
Trading floor of corporate bonds satisfies conditions for official operation
10:07 | 25/07/2023 Finance
Latest News
Vietnam seeks to remove obstacles in upgrade of securities market
13:50 | 25/04/2024 Finance
Price stability from supply increase and transparency in trading in gold market
09:42 | 25/04/2024 Finance
SBV takes more actions to stabilise foreign exchange rates
13:43 | 24/04/2024 Finance
Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT
10:35 | 24/04/2024 Finance
More News
Corporate bond maturity in 2024 remains high: MoF
13:51 | 23/04/2024 Finance
Support clearance procedures for imported gold for bidding
09:33 | 23/04/2024 Finance
The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low
09:32 | 23/04/2024 Finance
Majority of credit institutions forecast profit growth in 2024
15:16 | 22/04/2024 Finance
Central bank plans to auction gold bars on April 22
18:00 | 21/04/2024 Finance
Old loans must endure higher interest rates temporarily: central bank
15:44 | 19/04/2024 Finance
State-owned enterprises flourished
14:15 | 19/04/2024 Finance
Forum discusses support for women-owned firms to join supply chains
17:41 | 18/04/2024 Finance
Ensure savings and prevent losses in disbursement of public investment
10:24 | 18/04/2024 Finance
Your care
Vietnam seeks to remove obstacles in upgrade of securities market
13:50 | 25/04/2024 Finance
Price stability from supply increase and transparency in trading in gold market
09:42 | 25/04/2024 Finance
SBV takes more actions to stabilise foreign exchange rates
13:43 | 24/04/2024 Finance
Proposal to exclude criminal liability for tax officials when businesses provide false information to refund VAT
10:35 | 24/04/2024 Finance
Corporate bond maturity in 2024 remains high: MoF
13:51 | 23/04/2024 Finance