Frequently Asked Questions (FAQ)

– The closing price of the previous trading day or the listed price for newly listed securities on the floor.

– On the ex-rights trading day (ie the trading day when stocks and ETF certificates are not entitled to dividends or accompanying rights), the reference price is determined according to the principle of taking the closing price of the most recent day to adjust according to the dividend value or the value of rights.

– In some sessions where the closing price cannot be determined, the market operator may apply another method of determining the reference price with the approval of the State Securities Commission.

– The priority of the order remains unchanged if only the volume is edited to decrease. 

– The priority of the order is calculated from the time the edited order is entered into the trading system in cases of editing to increase volume/or edit price.

Unexecuted negotiated transactions can be canceled, but not if the order has been matched. In case the Securities Company enters the wrong agreed order of the Investor, the Company is allowed to modify the order but must present the original order, and must have the partner agree to modify the order and be approved by HNX.

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.