Frequently Asked Questions (FAQ)

UPCOM is a stock exchange for companies not listed on the Stock Exchange, established in 2009 and organized and managed by the Hanoi Stock Exchange (HNX).

Stocks and Bonds,…

HNX opens trading sessions from 9:00 to 15:00 on weekdays from Monday to Friday, with a break from 11:30 to 13:00 for trading again. HNX will close trading on weekends, Saturdays, Sundays and holidays according to regulations…

Even and odd lot trading last from 9:00 to 15:00: Continuous order matching (mid-session break from 11:30 to 13:00).

Odd lot orders are matched continuously from 9:00 to 15:00, mid-session break from 11:30 to 13:00.

Negotiation transactions at UPCOM will be carried out throughout the session from 9:00 to 15:00; break between sessions from 11:30 to 13:00.

Continuous Order Matching.

Be a public company and belong to one of the following entities:

+ Not listed on the Stock Exchange

+ Compulsory delisting or voluntary delisting.

+ Equitized enterprises are subject to registration for trading according to the law on the conversion of state-owned enterprises.

UPCOM only applies the Limit Order (LO) type.

– Matching orders in even lots: 100 shares per order. 

– Odd lots from 1 to 99 shares are executed by both order matching and negotiation methods. 

– Put through transactions: 1 share per order.

Ceiling price = Reference price + (reference price x price fluctuation range)

Floor price = Reference price – (reference price x price fluctuation range)

The reference price is the average price of the even-lot transaction prices according to the order matching method of the most recent previous trading day or the listed price for newly listed securities on the floor.

– For stocks: 100 VND. 

– Put through transactions: 1 VND.