Experts believe that once the KRX trading system begins official operations, many international organisations will re-evaluate the Vietnamese market to upgrade it to an emerging market.
The 10-year government bond future contracts will be officially launched on derivatives market from June 28, according to the Hanoi Stock Exchange (HNX).
Transactions on the derivatives market in July increased compared to June with average trading volume up by 18.59 percent to about 212,623 contracts per session, according to statistics from the Hanoi Stock Exchange (HNX).
The Vietnamese derivatives market has picked up over the last three weeks, with total trading volume nearly reaching the total figure recorded in September.
The derivatives market recorded a sharp fall in the number of transactions in September compared to the previous month, according to the Hanoi Stock Exchange (HNX).
Mitsubishi Corp, Japan's biggest trading house by revenue, said on September 20 that a trader at its Singapore-based unit has lost 320 million USD through unauthorised transactions in crude oil derivatives.
After two years of operation, smaller securities firms in terms of market capitalisation have beaten big players in derivatives brokerage market share.
Vietnam’s stock market has been evaluated as a bright spot in the region in terms of growth speed and foreign capital absorption for years, according to Chairman of the State Securities Commission (SSC) Tran Van Dung.
The launch of Government bond futures contracts will give the derivatives market a larger selection of investments and the contracts promise to become an effective tool to prevent interest rate risks.
Covered warrants, which will be traded on the Ho Chi Minh Stock Exchange (HOSE) from this month, are expected to attract a large number of investors since they have lower investment costs and can be leveraged more than conventional financial products, heard a recent seminar in HCM City.
Government bond futures contract, a new product in the derivatives market, will be traded on the Hanoi Stock Exchange on July 4, the State Securities Commission (SSC) has said.
Trading volume of derivatives plummeted in April in parallel with the sluggishness of the underlying market, showing an increasingly close link between these two markets.
The liquidity on the derivatives market has shown signs of improvement and stabilising in the past two weeks, beating previous projection that the new trading fees may discourage them from derivative trading.
On the first day of the New Year, the Government issued Resolution No 01/NQ-CP/2019 for the robust development of the securities market, especially the derivatives segment.
The Ministry of Finance has issued new securities-related service regulations for trading organisations and commercial banks doing business in Vietnam’s stock market.
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