The Hanoi Stock Exchange (Photo: VNA)Hanoi (VNA) - According to reports by the HanoiStock Exchange (HNX), Vietnam’s derivatives market has finished its first monthin operation with significant results and growing attention from investors.
Data from the HNX indicate that for the one-month period fromAugust 10 to September 8, the newly established derivatives market haswitnessed a considerable increase in terms of contracts, options, and accountsopened on the exchange.
By September 8, up to 7,849 accounts trading on the derivativesmarket have been opened, with a total of 85,641 delivered futures contractsworth up to 6.45 trillion VND (287.4 million USD).
On average, each trading session would yield up to 4,078 optionsat 307.1 billion VND (13.68 million USD).
At the end of September 8’s trading session, a total of 2,709 openinterests were on the market.
In the past month, the HNX has recorded 92,812 options on themarket, of which 49,513 have reached maturity.
Since August 10, the HNX has put up five futures contractcodes based on the VN30 index, of which the VN30F1708 code reached maturity onAugust 17, 2017.
Investors have been showing greater interest in contracts withcloser maturity dates, in accordance with international norms.
[Vietnam’s derivatives market officially runs]
At present, the other four contract codes currently being tradedare VN30F1709, VN30F1710, VN30F1712, and VN30F1803.
Since the commemoration of the Vietnamese derivatives market, alltechnological infrastructure including the exchange, market payment system, andinformation disclosure system, have been running smoothly, stably and safelywith no malfunctions.
Systematic transactions and information exchanges among the HNX,the Vietnam Securities Depository Centre, the Vietnam Joint Stock CommercialBank for Industry and Trade, and other participants on the market are up todate and regular, with all maturity payments following regulations.
The HNX has been providing investors with comprehensive marketinformation on their website with frequent updates, helping traders makeappropriate decisions and anticipate market trends.
They also supply a constant stream of derivatives products thatare suitable for various investing purposes, most notably futures contracts basedon government bonds.-VNA
VNA
