Phái sinh

• Customer opens a derivatives trading account
• Customer pays deposit to derivatives account
• Customer pays deposit to VSD
• Customer trades derivatives
• Securities company records profit/loss daily and sends notice to KHC
• Customer withdraws money from derivatives trading account (if necessary)

Step 1: Open a derivatives trading account

Customers please open a derivatives trading account (GDCKPS) at VFS’s transaction points.

Note: To open a GDCKPS account, customers need to open a base account

Step 2: Deposit deposit to derivatives trading account

To be able to place trading orders on the GDCKPS account, the Client needs to deposit money into the GDCKPS account by 2 methods:

1. Deposit/transfer to GDCKPS account

Customers make payment/transfer at the following banks:

• At the bank: …………………………
• Beneficiary account: …………………
• Beneficiary’s name: Nhat Viet Securities Joint Stock Company
• Content: “Deposit money to GDCKPS account number [094Cxxxxxxx] [Account holder name]

2. Transfer money from the underlying securities account to the GDCKPS account

Customers can do one of the following three ways:

• Customers do it at VFS’s transaction counters.
• Customers call VFS’s switchboard and follow instructions.
• Customers make money transfer via VFS mobile channel, VFS online.

Step 3: Deposit deposit to the Depository Center (VSD)

After depositing money into the derivative account, the Client needs to deposit the deposit to the Depository Center (VSD) by one of the following three ways:

• Customers do it at VFS’s transaction counters.
• Customers call VFS’s switchboard and follow instructions.
• Customers make money transfer via VFS mobi, VFS webtrading channels.

Step 4: Derivatives trading

Customers can place buy and sell orders through VFS’s trading channels as follows:

• VFS webtrading online trading.
• Transactions on the phone via the VFSMobi App
• Transactions at VFS transaction points.

Step 5: VFS records daily profit/loss

Daily, the Securities Depository Center (VSD) and VFS will calculate and pay the profit/loss on the Client’s CKPS trading account.

In case the account has position interest, VFS will record the profit on the Client’s derivative trading account.

In case the account has a position loss, the Customer needs to deposit the deposit to the customer’s margin account at VSD to ensure the trading rate according to the regulations of the management agency.

Step 6: Client withdraws money from GDCKPS Account

Client makes withdrawal in order from Margin Account at VSD -> Securities Trading Account -> Securities Account base ->Cash/Bank Account of Customer.

Note:  Customer  can only withdraw margin from VSD when the derivative account’s margin balance meets the prescribed rates on services of VFS and VSD.