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Guidelines for bond trading

 

1. Bond trading conditions

 

  • Clients have registered for private bond trading at NVS and been accepted by VSDC at least 01 working day before the start of trading (or according to regulations from time to time by the management agency);
  • Clients are determined to be professional investors according to securities laws when purchasing individual bonds;
  • The customer has signed the Investor Confirmation before purchasing bonds according to the form specified in Appendix V of Decree 65/2022/ND-CP before starting the transaction.

 

2. Transaction time

 

From Monday to Friday every week, except holidays according to the provisions of the Labor Code and announcements of HSX/HNX. Trading sessions during the day include:

Session Transaction method Trading hours
Morning session Agreement transaction 09:00 – 11:30
Lunch break 11:30 – 13:00
Afternoon session Agreement transaction 13:00 – 14:45

3. Types of orders

 

  • Immediate payment order: is a form of transaction in which money and bonds are paid immediately after matching the order
  • End-of-day payment order: is a form of transaction in which money and bonds are paid at the end of the trading day (T+0).

 

4. Order placement method

 

Place orders directly at the counter

 

5. Order matching method

 

Order matching method: is an agreed upon order matching method in which members agree with each other on trading conditions.

 

6. Transaction unit

 

01 bond

 

7. Trading volume

 

  • Minimum trading volume:
    • 01 bond
  • Maximum trading volume:
    • Does not exceed the total registered trading volume of the bond

 

8. Price list unit

 

01 VND