Slide 1 – Securities Trading Process in Vietnam
● 6 main steps (Flowchart minh họa 6 bước):
1. Open account
2. Deposit funds / Margin
3. Place orders
4. Order matching
5. Clearing & settlement (T+2)
6. Custody & ownership
Slide 2 – Open account
● Open a securities trading account at a brokerage to be eligible to trade.
● Provide personal identification documents and sign service agreements.
*Có thể chèn hình logo các công ty ck
Slide 3 – Deposit funds / Margin
● Deposit cash into the trading account to purchase securities.
● For margin trading, investors must sign a margin agreement and comply with the
maximum leverage ratio set by regulations.
*Có thể chèn hình kiểu tiền đi từ tài khoản ngân hàng sang tài khoản chứng khoán
Slide 4 – Place orders
● Common order types:
○ LO (Limit Order): Buy/sell at a specific price or better.
○ MP (Market Price): Buy/sell immediately at the best available price.
○ ATO (At The Open): Matched at the opening price.
○ ATC (At The Close): Matched at the closing price.
● Price fluctuation limits:
○ HOSE: ±7%
○ HNX: ±10%
○ UPCoM: ±15%
Slide 5 – Order matching
● Matching principles:
○ Price priority: Higher bid price gets priority for buy orders; lower ask price
gets priority for sell orders.
○ Time priority: If prices are the same, the earlier order gets priority.
Slide 6 – Clearing & Settlement (T+2)
● Clearing: Confirm and net obligations for cash and securities.
● Settlement: Transfer cash and securities 2 business days after the trade (T+2)
(except from Saturday, Sunday or specific holidays) .
đổi màu cho hợp với theme slide cũng được
Slide 7 – Custody & Ownership
● Securities are held at the Vietnam Securities Depository and ownership is recorded.
● Enables receiving dividends, rights issues, or selling the shares later.
*Có thể chèn hình trung tâm lưu ký chứng khoán VN