From July 1, several previously VAT-exempt brokerage services are subject to a 10% VAT rate, prompting firms to revise their service charges accordingly.
Securities companies are set to switch to the new KRX trading system from April 24 to April 30 for official operation on May 2, said the Ho Chi Minh City Stock Exchange (HoSE).
Competition on digitisation in securities trading is creating a driving force for the development of financial firms, and at the same time bringing many benefits for investors.
The Ho Chi Minh Stock Exchange (HOSE) recently announced the market share of brokerage transaction value in the third quarter of 2022. And there are big changes among the top 10.
The capital scale of securities companies has grown robustly in the past two years. In the context of the current sharp decline in market liquidity, this resource is somewhat redundant, and the race to attract customers is heating up.
Many businesses have experienced losses for the first time or after many years due to disruptions caused by COVID-19 in the third quarter of 2021. Their target is now making efforts to revive in the fourth quarter to complete the yearly plan.
Amid the COVID-19 pandemic, the economy of Vietnam experienced numerous difficulties and challenges during the first half of 2021, but the stock market still posted strong growth, at a pace that is the second fastest in the world.
In the context of impressive growth of the stock market, many companies have flocked to issue shares to raise capital, but not all achieve the expected result.
As banks are offering low interest rates, many securities companies are seeking way to mobilise capital from investors by offering higher interest rates.
Analysts from securities companies are optimistic about stock market movement during the first trading week of this year and betting the positive trend will continue.
Securities companies participating in the new covered warrant market may find it less attractive to trade covered warrants of large-cap State-owned companies due to their low free-floating ratios.
The Ho Chi Minh Stock Exchange (HOSE) held the first trading session of covered warrants (CWs) on June 28, marking the debut of this type of securities product on the Vietnamese stock market.
Covered warrants (CWs) will be officially listed and traded on the Vietnamese stock market from June 28, according to the State Securities Commission of Vietnam (SSC).
The Ho Chi Minh Stock Exchange (HOSE) on January 5 announced the top 10 securities companies with the largest brokerage share and fund certificates in the fourth quarter of 2018.