Knowledge
3.1. VN30 Index Futures Contract Template
| Articles | Details |
|---|---|
| Contract name | VN30 Index Futures Contract |
| Contract code | The Hanoi Stock Exchange (HNX) is responsible for issuing futures contract trading codes, ensuring that the structure of these codes complies with the regulations set by the Vietnam Stock Exchange |
| Underlying asset | VN30 Index |
| Contract size | 100,000 VND × VN30 Index point |
| Contract multiplier | 100,000 VND |
| Listed date | 10/08/2017 |
| Trading method |
Order matching method Put-through method |
| Expiry month |
The nearest month, the following month, the nearest quarter-end month, and the next quarter-end month Example: if the current month is April, the contract maturity months are April, May, June, and September |
| Trading hours |
Opening: 15 minutes before the stock market Closing: At the same time as the stock market |
| Tick size | 0.1 index point (equivalent to 10,000 VND) |
| Trading unit | 1 contract |
| Reference price | The settlement price of the previous trading day or the theoretical price |
| Price limit | ± 7% relative to the reference price |
| Order limit | 500 contracts per order |
| Position limit |
According to the regulations of VSDC: • Professional securities investor: 20,000 contracts |
| Last trading date | The third Thursday of the expiry month. If it falls on a holiday, the expiry date will be adjusted to the preceding business day |
| Final settlement date | The business day immediately following the last trading day |
| Settlement method | Payment in cash |
| Method for determining the Daily Settlement Price (DSP) | According to the regulations of VSDC |
| Method for determining the Final Settlement Price (FSP) | The simple arithmetic average of the index in the last 30 minutes of the last trading day (including 15 minutes of continuous matching and 15 minutes of periodic closing matching), after excluding the 3 highest and 3 lowest index values from the continuous matching session. The FSP is rounded to two decimal places |
| Margin requirement | According to the regulations of VSDC |
| Fee | Service fees according to the regulations of the Ministry of Finance |