Debt instruments

1. GENERAL REGULATIONS

The general regulations for trading debt instruments on the HNX/HOSE for domestic individual investors are as follows:

Step 1: Margin Requirement

• Investors buying debt instruments must provide a margin deposit equal to 100% of the transaction value.
• For investors selling debt instruments must have sufficient debt instruments balance in the account.

Step 2: Order Placement

• Complete the buy/sell order by filling in SSI’s form for debt instruments, or place orders via SSI’s online platforms.

Step 3: Obtain detailed transaction results at the brokerage firm where the order is placed

Step 4: Settlement

Settlement takes place on the next working day following the transaction date, with cash/securities transferred to the client's account via the securities clearing and settlement system.

2. TRADING HOURS

Trading is conducted from Monday to Friday each week, excluding official public holidays holidays in accordance with the provisions of the Labor Code. 

• Morning Session: 9:00 AM – 11:30 AM
• Afternoon Session: 1:00 PM – 2:45 PM

The time frame for negotiating and preporting transcations priot to the trade date on the debt instrument trading system is extended until 17:00.

3. ORDER TYPES

Trading type	Order type
Standard Purchase and Sale Transaction	Market-Wide Electronic negotiated orders  Lệnh thỏa thuận điện tử toàn thị trường. Optional Electronic Negotiated Orders Transaction reporting orders
Repurchase Transaction (Repo)	Optional electronic negotiation orders Transaction reporting orders
Combination of Sale and Repurchase Transactions	Optional electronic negotiation orders LTransaction reportingorders
Lending and Borrowing Transaction	Optional electronic negotiation orders Transaction reporting orders

 4. TRADING METHODS

• Electronic negotiated transaction: is a type of transaction in which orders are submitted with firm commitment and are executed immedietly upon selection by a counterparty, without requiring further confirmation.
• Conventional negotiated transaction: is a type of transaction in which the buyer and the seller mutually agree on the transaction terms via the messaging tools available on the trading system or through off-system communication channels, and subsequently report the results into the trading system to establish the transaction.

 

5. ORDER MATCHING PRINCIPLES

Put-through Order Matching method is applied.

6. OTHER REGULATIONS