Trading system handling up to 5 million orders per day to be launched soon

Trading system handling up to 5 million orders per day to be launched soon

Speaking at the online seminar " Order congestion at the Ho Chi Minh City Stock Exchange: the current situation and solutions" organized by the Securities Journalists’ Club on June 24, Mr. Tran Van Dung, Chairman of the State Securities Commission, said that when order congestion occurred, the Ministry of Finance considered this incident a national emergency, and has concentrated all resources to handle it completely. One of the biggest goals is not to let the market halt for even a day.
HoSE requests securities companies to control amendment, cancellation of orders

HoSE requests securities companies to control amendment, cancellation of orders

After some securities companies reopened the order editing and canceling feature in the previous trading session, on June 10, the Ho Chi Minh City Stock Exchange (HoSE) sent an official dispatch, requesting securities companies to manage the amendment and cancellation of orders during peak hours to avoid putting pressure on the trading system of the HoSE.
Wave of massive net selling by foreign investors

Wave of massive net selling by foreign investors

The month of March saw several foreign investors net sell shares on HOSE to the tune of VND 12,000 bn. This is the sixth consecutive month of net selling by foreign investors, since the massive net selling wave kicked off in February 2020. Analysts are stumped and have been unable to explain the reason for this wave of net selling.

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Private entity steps in to relieve congestion

The entry of the FPT Company last week revealed an unprecedented new solution to the problem of congestion on the trading system on HoSE. So far, when looking at various options and solutions, the setting up of a temporary trading system by a private entity for HoSE had not been taken into account or even considered.
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Some stocks being side lined by investors

Even though the stock market has been vibrant and booming, investors are choosing to ignore and overlook many stocks, despite their value. Investors are seemingly aware that these stocks are more or less defunct, having almost no liquidity to back them up.