
Client Guideline
1.1. HSX Trading Regulations1.2. HNX Trading Regulations2. Unlisted Securities Trading Regulations (UPCOM)3.1. VN30 Index Futures Contract Template3.2. VN100 Index Futures Contract Template1. Listed Securities Trading Regulations3. Futures Contract Trading Regulations5. Trading Regulations of Privately Placed Corporate Bonds
Roles of the Issuer - HSC
ISSUING & LISTING
- Choose an underlying to issue warrants
- Decide the specific terms of such warrant
- Submit dossier for issuance to SSC, distribute to investors during IPO period
- Submit listing and depository registration dossier to HOSE and VSD
LIQUIDITY PROVIDER (LP) & HEDGING
- Calculate theoretic prices of warrants and submit bid-ask quotes around this price on HSX
- Provide liquidity for the market
- Reduce bid/ask spread
- Hedge in the UL/option market for the outstanding warrants
SETTLEMENT AT EXPIRY/DELISTING
- Pay the settlement amount to investors for ITM warrants at the expiry date, or when the warrants are delisted prematurely.
- Be responsible for all obligations related to the warrants it has issued