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CONTRACT SPECIFICATION OF VN30 INDEX FUTURE
| No. | Provisions | Descriptions |
|---|---|---|
| 1 | Contract name | VN30 index future |
| 2 | Contract code | According to regulations on trading code of HNX, for example: VN30F1709 |
| 3 | Underlying asset | VN30 index |
| 4 | Contract size | VND 100,000 × VN30 Index point |
| 5 | Multiplier | VND 100,000 |
| 6 | Expiry month | Current month, next month, 2 end months of the next 2 quarters. For example: current month is April. Expiry months are April, May, June and September. |
| 7 | Trading time | Open 15 minutes prior to the underlying market Close at the same time as the underlying market |
| 8 | Trading method | Matching and Negotiation |
| 9 | Trading unit | 01 contract |
| 10 | Reference price | Daily settlement price of the previous trading day or theoretical price |
| 11 | Trading collar | 7% |
| 12 | Tick size | 0.1 index point |
| 13 | Order limit | 500 contracts per order |
| 14 | Listing date | 10/08/2017 |
| 15 | Final trading day | The third Thursday of the expiry month. In case it is a holiday, it will be the previous trading day |
| 16 | Final settlement day | The working day after the final trading day |
| 17 | Settlement method | Cash settlement |
| 18 | Daily settlement price | Regulated by VSD |
| 19 | Final settlement price | Underlying index value on the final trading day of futures contract |
| 20 | Position limit | Regulated by VSD |
| 21 | Margin requirement | Regulated by VSD |
| 22 | Trading fee | Not applicable |
CONTRACT SPECIFICATION OF 5-YEAR GOVERNMENT BOND FUTURES
| No. | Provision | Description |
|---|---|---|
| 1 | Contract name | 5-year Government Bond Futures |
| 2 | Contract code | According to regulations on trading code of HNX |
| 3 | Underlying asset | 5-year Government Bond, par value: VND 100,000, coupon: 5%/year, periodic interest payment at the end of every 12-month period, one-time principal payment at maturity date |
| 4 | Contract size | VND 1 billion |
| 5 | Multiplier | 10,000 |
| 6 | Expiry month | Three last months of three nearest quarters |
| 7 | Trading method | Order matching and Negotiation |
| 8 | Trading time | Open 15 minutes prior to the underlying market Close at the same time as the underlying market |
| 9 | Trading collar | +/- 3% |
| 10 | Tick size | VND 01 |
| 11 | Trading unit | 01 contract |
| 12 | Final trading day | The fifteenth day of the expiry month. In case it is a holiday, it will be the previous trading day. |
| 13 | Final settlement day | Thethirdworking day after the final trading day |
| 14 | Settlement method | Physical settlement |
| 15 | Daily settlement price | Regulated by VSD |
| 16 | Final settlement price | Daily settlement price of final trading day |
| 17 | Reference price | Daily settlement price of the previous trading day or theoretical price (on the first trading day) |
| 18 | Criteria of deliverable bonds | Government Bonds issued by Vietnam State Treasury, with remaining maturity from three to seven years on final settlement day, a minimum of VND 2,000 billion listing value. Conversion factor is calculated on the basis of coupon (5% per year). |
| 19 | Margin requirement | Regulated by VSD |
| 20 | Order limit | 500 contracts per order |
| 21 | Position limit | Regulated by VSD |
| 22 | Listing date | On launch date of the contract |
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