HNX issues new regulatory items for stock trading

Friday, Sep 09, 2016 09:08

The Ha Noi Stock Exchange (HNX) has issued some new regulatory items for stock trading, which come into effect on September 12. The new items are expected to increase market trading liquidity in the future. — Photo doanhnghiepvn.vn

HA NOI (Biz Hub) — The Ha Noi Stock Exchange (HNX) has issued some new regulatory items for stock trading, which come into effect on September 12. The new items are expected to increase market trading liquidity in the future.

Two main items are:

1. Investors cannot correct and cancel their orders set during the At The Close Order (ATC), including orders that are set at the uninterrupted trading period during the session.

This item aims to prevent investors from manipulate trading prices during the ATC.

2. Investors can set buy and sell orders at the same time for a specific stock during the uninterrupted trading period of the session.

This item will help investors to buy and sell a stock at the same time during the session, however, selling and buying a stock at the same time are forbidden during the ATC to avoid price manipulation. — VNS

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