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23.08.2022

Notice of Shortening the Settlement Time for Securities with T + 2 Settlement Cycle

According to Decision No. 109/QD-VSD and Decision No. 110/QD-VSD signed by the Vietnam Securities Depository (VSD) on August 19, 2022, HSC would like to inform you about the shortening of settlement time for securities with the T+2 settlement cycle, specifically as follows:

  • Effective date: from August 29, 2022
  • Applicable securities: Stocks, fund certificates, covered warrants
  • Adjustment content:

Time

Current Regulations

New Regulations

Trade date

Date T+0

Date T+0

Complete payment

15h30-16h00 on T+2

11h00-11h30 on T+2

Start a new trading cycle

Date T+3

From 13:00 on T+2

Accordingly, investors who have transactions to buy and sell securities on August 25, 2022 (Date T+0) will receive securities and money before 13:00 on August 29, 2022 (Date T+2) to buy and sell securities in the afternoon session of the same day.

Note: Customers can only trade when VSD confirms account opening successfully.

The content of the Decision is posted on the website of VSD; please see it here.

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