VN100 - New opportunities for Vietnam's derivatives market

Lễ khai trương giao dịch Hợp đồng tương lai chỉ số VN100. Ảnh: Báo Đầu tư

Opening ceremony of VN100 Index Futures Contract trading. Photo: Investment Newspaper

Immediately after the Vietnamese stock market was officially upgraded to emerging status according to FTSE Russell standards, market members welcomed a new product. This morning (October 10), the VN100 Futures Contract product was officially launched, which is considered a highly anticipated product contributing to the journey of building and developing a Vietnamese stock market that is increasingly high-quality, transparent, sustainable and achieves higher goals.

At the Opening Ceremony of VN100 Index Futures Trading organized by Vietnam Stock Exchange, leaders representing ministries, departments as well as market members highly appreciated the significance of this new product for the derivatives market in particular and the Vietnamese stock market in general.

As of September 15, in terms of capitalization, the VN100 index (including the top 100 stocks) represents about 88% of the entire stock market listed on the Ho Chi Minh City Stock Exchange (HOSE). Of which, the capitalization value of the 10 largest listed companies in the VN100 index only reached 50.51% of the total capitalization value of the index. As for the VN30 basket, this figure was up to nearly 64%.

This shows that the VN100 index is less affected by fluctuations in the top 10 stocks with the largest market capitalization, contributing to limiting the unusual impacts of the underlying market on the derivatives market. At the same time, it contributes to diversifying products, increasing the representativeness and depth of the Vietnamese derivatives market in the context of foreign investors still not being interested in this market.

Source: https://vtv.vn/vn100-co-hoi-moi-cho-thi-truong-phai-sinh-viet-nam-100251010153823192.htm