• All clients with a broker or account manager of VDSC.
• Clients who have signed the Securities Trading Account Opening Contract cum Service Registration Application.
• Clients who have registered marginDragon.

• Margin loan term: 03 months.
• Service extension: When a contract expires, the client can submit an extension request for VDSC's approval; the maximum period of extension is 03 months.
• Interest rate: In accordance with VDSC's then-applying rate schedule, Fee schedule.
• Lending ratio: In accordance with VDSC's margin lending policy and the policy of the SSC.

Disbursement and Collection Rules

A client's account may receive one or more disbursements within the lending limit offered by VDSC to finance transactions on the account.

• Depending on the lending limit, the client's borrowing capacity, and VDSC's lending capacity, the system may approve or reject a transaction.

• Once a buy order is filled, the system will automatically settle the buying amount in the following order:

  - Cash (if any);
  - Sale proceeds to wait for settlement (if any);
  - Borrowed cash: The system will automatically disburse cash for settlement and enter a credit entry on the account.
• In the event the account's borrowing capacity allows a buy order and the client wishes to borrow instead of using the cash balance or pending sale proceeds for settlement, the client may contact the assigned broker for disbursement; the maximum disbursement is the value of the buy order.
  

Collection Rules

• Interest collection date: the 25th of each month and may be subject to change.
  + If the client terminates the contract, the collection date is the date of termination.
  + If the collection date is a non-working day or a holiday, the collection shall be performed on the next working day.
• Interest calculation: Interest is calculated based on the actual balance of credit each day, accumulated, deducted from Purchasing power after each trading day to be collected as a lump sum on the collection date.
• If an account has no cash balance on the collection date, VDSC shall perform collection by Requesting a cash deposit by the client, liquidating the collateral, or compounding the interest to the principal amount.
• If an account is overdue, the outstanding principal shall be applied to an overdue rate from the date of overdue.
  Overdue rate equals (=) 150% the interest rate by VDSC schedule.
  

Securities Depreciation 

• Outstanding loan > Borrowing capacity
  
If the account has a cash balance and/or pending sale proceeds, the system shall perform automatic collection to ensure the Outstanding loan equals the Borrowing capacity
• 30% < Margin ratio < 45%                                                      The client is required to supplement account assets to bring the margin ratio back to the required level (Margin ratio of ≥ 45%).                                    
• Margin ratio of ≤ 30%                                                              VDSC has the right to perform any necessary action to collect the loan and bring the margin ratio back to the required level (Margin ratio ≥ 45%).

• Streamlined procedures, quick processing, flexible extension period.
• Diverse eligible stock list.
• Promotional rates.
• Solid and ample financing capacity.
• Computerized and automatic purchasing power calculation, lending limit, and margin ratio management...

m15Dragon

m15Dragon is a margin trading service providing a variety of preferential margin interest rates for each generating debt within 15 days.

Eligible Clients

• Using marginDragon interest rate schedule.
• Using prescribed transaction fee schedule.
  
• High or medium-frequency trading.
• Maximum credit limit at 5 billion dong.

Service Descriptions

Disbursement/Debt Collections is calculated and balanced automatically following the rule: The total margin lending loan is equal to the sum of individual debts while applying the corresponding preferential interest rate for each debt daily.

• Principle of Disbursement:
  + Current debt before registering m15Dragon: subject to marginDragon interest rate schedule.
  + New debt due to Buying: subject to the lowest preferential margin interest rate of m15Dragon.
  + New debt not due to Buying: disburse to the debt with the farthest disbursement date.
  

• Principle of Debt Collections: Customers can choose one of the following two debt collection methods:
  + Method 1: Collect the m15Dragon debt.
  - The debt with the ID "m15Dragon" is a priority for collection, starting from the furthest one and proceeding to the nearest one.
  - Next: Collect the maintained debt before registering for m15Dragon.
  + Method 2: Collect the furthest debt.
  - Prioritize the collection of debts that were disbursed before registering m15Dragon.
  - Next: Collect debts with ID 'm15Dragon' disbursed from furthest to nearest date.

Service Features

• Optimize investment efficiency with a 15-day low-interest rate, with applicable rate up to 0% per year.
• The lowest interest rate schedule is applied daily when there is a matched buy order.
• No apply simultaneously with the Interest-Free Program.
• Free registration, quick and easy procedure.

Preferential Margin Interest Rate Schedule

REGISTER

2-day Interest-free Margin 

02-day Interest-free Margin is applicable to eligible account.

Eligible Clients

• Using marginDragon interest rate schedule.
• Recorded matched buy order among the day.
• No Margin Call at the end of day.

Service Descriptions

The system automatically calculates and applies preferential interest rate to eligible account.

• Operational Mode:
  + Automatically calculated daily based on the account’s transactions.
  + If the account simultaneously meets the conditions for 2-day Fee-free Advance, it will be recorded the more advantageous preferential refund value.
  + The maximum of days be refunded: 2 days.
  + The minimum of refund value: VND50,000.
  
• Processing Time:
  + Calculating and recording accounts meet preferential conditions: Date T.
  + Refunding preferential value: Date T+2.
  

Service Features

• Optimize investment efficiency with 2-day interest-free.
• Receive preferential refund value daily if client purchases.
  
• Available with no registration.

Benefits of the Loyalty Program RongViet is always highly conscious of every Client’s investment journey. To appreciate all Clients accompanying us, the Loyalty Program is launched with the desire to offer specialized benefits for each Client’s membership level.

The incentives for financial services include increasing Financing Ratios, waiving Interest Rate on Margin Trading, reducing Contract Extension Fee, and other promotions that RongViet announces periodically.