Today, investors can sell securities, receive money 01 day earlier

The new policy takes effect on August 29, 2022, is the regulations on shortening the transaction time of stock in accordance with the Decision No. 109/QD-VSD dated August 19, 2022, of the Vietnam Securities Depository on the Regulation on activities of offset activities and security transaction payment.

In accordance with the new Regulation, investors are allowed to sell securities bought on T+0 right in the transaction on the afternoon of T+2, instead of having to wait until T+3 as in previous regulations.

The time for being cleared by the bank and completed by the Vietnam Securities Depository is changed from 15:30 - 16:00 to 11:00 - 11:30 on T+2.

Depository members must allocate money and securities to customers as soon as the bank completes the clearance and the Vietnam Securities Depository finishes the payment before 13:00 on the payment date.

At the same time, inform the Vietnam Securities Depository on the performance results at least 16:30 on the same day.

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