Knowledge

Knowledge

1.2. HNX Trading Regulations


Trading hours are from Monday to Friday, excluding the Public holidays.

1.1.  Stocks, ETF certificates

Session Trading method   Trading hours Trading types
Morning Session Continuous Order Matching session I (Even lot/Odd lot)         09:00 - 11:30 Even lot: LO, MTL, MOK, MAK
Odd lot: LO
  Put-through (Even lot/Odd lot) 09:00 – 11:30 Put-through order
Advertised order
Intermission 11:30 - 13:00  
Afternoon Session  Continuous Order Matching session II  (Even lot/Odd lot) 13:00 – 14:30 Even lot: LO, MTL, MOK, MAK
Odd lot: LO
  Periodical Order Matching – At the Closing (Even lot/Odd lot) 14:30 - 14:45 Even lot: LO, ATC
Odd lot: LO
  Put-through (Even lot/Odd lot) 13:00 – 14:45 Put-through order 
Advertised order
Post-market Session Periodical Order Matching – Post market (Even lot) 14:45 - 14:55 PLO
  Periodical Order Matching – Post market (Even lot) 14:55 - 15:00 PLO
  Put-through – Post market (Even lot/Odd lot) 14:45 - 15:00 Put-through order 
Advertised order

Note: During the intermission session, the following actions are not allowed:

  • Taking, amending, or canceling orders.

  • Taking or canceling advertised put-through transactions.

  • Executing put-through transactions or canceling awaiting put-through transactions.

1.2.  Corporate Bond:

Session Trading method Trading hours Trading types
Morning Session Continuous Order Matching session I 09:00 – 11:30 LO
  Put-through 09:00 – 11:30 Put-through order
Advertised order
Intermission 11h30- 13h00  
Afternoon Session Continuous Order Matching session II 13:00 – 14:30 LO
  Periodical Order Matching – At the Closing 14:30 – 14:45 LO
  Put-through 13:00 – 14:45 Put-through order
Advertised order
Post-market Session Put-through – Post-market 14:45 – 15:00 Put-through order
Advertised order

1.3.  Restricted Stocks

Restricted stocks will be subject to limitations on trading time. The trading hours for these securities must comply with the regulations set by the Stock Exchange.
 

Contents Details
2.1 Trading units  
2.1.1 Stocks, Fund Certificates      
- Trading unit for order matching 00
- Trading unit for put-through 01
-  Minimum put-through trading volume 5.000
2.1.2 Bond  
- Trading unit  01
2.2    Tick size  
2.2.1 Stock - Order matching: 100 VND
- Put-through: 01 VND
2.2.2 ETF certificates 01 VND
2.2.3 Corporate bond 01 VND

 

Contents Price limit
3.1 Stocks, fund certificates ± 10% relative to the reference price
3.2 Bonds No regulations for corporate bonds
3.3 Exceptional cases      
- The first trading day of newly listed shares or fund certificates (applicable until a closing price is established based on the results of even-lot matching transactions) ± 30% relative to the reference price
- Shares or fund certificates that resume trading after being suspended or halted for twenty-five (25) consecutive trading days or more, until a price is established from even-lot matching transactions.
Shares or fund certificates on the ex-rights date for:
  • Dividend or bonus payments in the form of treasury shares to existing shareholders;
  • Conversion of convertible bonds for existing shareholders;
  • Cash dividends with a value equal to or greater than the previous trading day’s closing price;
  • Resumption of trading following a corporate spin-off.