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Announcement on adjustment of trading regulations

-    Pursuant to Decision No. 341/QĐ-SGDHCM dated August 22, 2016 regarding issuing Regulations for securities trading at Ho Chi Minh City Stock Exchange;

-    Pursuant to Decision No. 342/QĐ-SGDHCM dated August 22, 2016 regarding issuing Regulations about trading time, trading band, tick size, applicable types of orders at Ho Chi Minh City Stock Exchange;

-    Pursuant to Decision No. 529/QĐ-SGDHN dated August 25, 2016 regarding issuing Regulations for trading securities listed at Ha Noi Stock Exchange.

Rong Viet Securities Corporation (Rong Viet) would like to inform Valued Clients regarding some adjustments of trading regulations for securities listed at Ho Chi Minh City Stock Exchange (HSX) and Ha Noi Stock Exchange (HNX) effective from Monday September 12, 2016 with the following details:

 

  1. HO CHI MINH CITY STOCK EXCHANGE:

1.1 Maximum volume per order: Increase maximum volume per order for order matching to 500,000 shares/ fund certificates.

1.2 Tick size

- For stock, close fund certificate:

Price level (VND)

Tick size

< 10.000

VND 10

10.000  ->  49.950

VND 50

>=  50.000

VND 100

 

- For ETF certificate: tick size of VND 10 is applicable for all price level.

1.3 Order cancellation:  Cancellation is not permitted in opening and closing periodical matching sessions (including orders from previous continuous order matching session).

1.4 Trading band:

- For stocks, close fund certificates, ETF certificate resuming trading after being suspended to trade more than 25 days, trading band for the first trading day is +/- 20% of the reference price.

- For stocks, close fund certificates paying dividend or bonus shares using treasury shares for existing shareholders, HSX shall determine the trading band on the ex-right date after being approved by State Securities Commission of Vietnam.

1.5 Other regulations:

- Regulations about controlled securities: Controlled securities are only traded in the afternoon session through order matching and put through methods until further notice by HSX.

- Addition of occurrences when reference price is not adjusted:

Additional issuance of stocks, fund certificates with issuance price equal to the closing price of the day before ex-right date after being adjusted for any other entitlements (if any).

Additional issuance due to stock swaps from merger deals, paying dividend /bonus shares using treasury shares for existing shareholders.

  1. HANOI STOCK EXCHANGE:

2.1 Order adjustment and cancellation: Order adjustment and cancellation are not permitted in closing periodical matching session (including orders from previous continuous order matching session).

2.2 Tick size for ETF certificates: VND 1 (one Vietnam Dong)

For further inquiry, please call 08.62992020.

Best regards.

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