Vietnam’s derivatives market posted strong growth in September (Photo: VNA)Hanoi (VNA) – Vietnam’s derivatives market postedstrong growth in September, the second month of its operation, with 9,679accounts trading on the market opened as of September 29 – up 34.5 percent fromthe end of August.
There were always four contract codes traded onthe derivatives market, which official ran on August 10, as in line withinternational practice.
The code of VN30F1709 reached maturity onSeptember 21 and was replaced by VN30F1711.
As of the end of September, four contract codestraded on the market were VN30F1710, VN30F1711, VN30F1712 and VN30F1803.
Up to 131,903 contracts worth 10.3 trillion VNDwere carried out in September, respectively soaring by 126.7 percent and 136percent from the previous month.
[Derivatives market’s first month a success]
Market liquidity concentrated on short-termcontracts, which also matched international practice.
Transaction activities were mainly conducted bydomestic investors. Those by foreign investors also surged with 123 contracts,equivalent to 0.05 percent of the total contracts made on the market.
Investors who were organisations begantransactions on the derivatives market last month, making 397 contracts or 0.15percent of the total number.-VNA
VNA
