Transactions in derivatives market fall sharply in September

The derivatives market recorded a sharp fall in the number of transactions in September compared to the previous month according to the Hanoi Stock Exchange HNX
transactions in derivatives market fall sharply in september

Investors watch share prices at the Bao Viet Securities Company in Hanoi

The average number of contracts traded each session was 56,674 in September, down 26.7 percent month on month.

However, the market’s open interest (OI), which is the total number of outstanding derivative contracts that have not been settled, increased 12.29 percent, reaching 19,849 contracts on the last trading day of September. The month’s highest OI, 22,998 contracts, was recorded on September 12.

On September 30, there were 83,981 trading accounts on the derivatives market, up 3.03 percent from August, the HNX said.

Meanwhile, the number of transactions on the five-year Government bond futures contract also declined strongly in September, when there were only 42 contracts traded, equivalent to 36.5 percent of the figure in August.

The OI on this type of derivative product was 10 contracts at the end of September, equivalent to 7.14 percent of that during the last trading session of August, statistics show.

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