Pursuant to Circular No. 203/2015/TT-BTC guiding transactions on the securities market, Decision No. 341/QĐ-SGDHCM and 342/SGDHCM dated 22/08/2016 by Ho Chi Minh City Stock Exchange, Decision No. 529/QĐ-SGDHN dated 25/08/2016 by Ha Noi Stock Exchange, HSC would like to announce some key changes valid from September 12, 2016 as belows:

A. HSX

1. The maximum trading volume per order is 500,000 shares

Trading volume of put through transactions remains unchanged: 20,000 shares

2. Price tick

•   For stocks, closed-end fund certificates:

• For ETFs:

3. Amendment/Cancellation of orders

• Investors are not allowed to cancel orders in opening periodic order matching session time
• Investors are not allowed to cancel orders in closing periodic order matching session time (including orders in previous continuous order matching session)

4. Price range for suspended securities which are allowed to be re-traded  

If stocks, closed-end fund certificates or ETFs are allowed to be re-traded after being suspended for more than 25 days, price range on the first trading date is +/-20% compared with the reference price.

5. Trading regulation for under monitoring securities

Trading time of securities under monitoring will be restricted (only traded on afternoon session) until further notice from HOSE

6. Reference price is not adjusted in these additional cases:

•   Issuing additional shares of: stocks, closed-end fund certificates, ETFs, of which issued price is same with closing price of the date before ex-right date, after other price adjustments are applied (if any)
•  Issuing additional shares under swap option from merger transactions, dividend payment/bonus by treasury stock for current shareholders. If current shareholders of stocks, closed-end fund certificates are paid treasury stock for dividend/bonus, HOSE will adjust the price range on ex-right date after getting approval from SSC

B. HNX

1. Amendment/Cancellation of orders

Investors are not allowed to cancel orders in closing periodic order matching session time (including orders in previous continuous order matching session)

2. Price tick for ETFs is VND 1.