Margin Trading Policy
No. | Criteria | Policy |
---|---|---|
1 | List of Margin-Eligible Securities & Haircut Rates | View the latest margin trading-eligible securities list here |
2 | Margin Loan Interest Rate | 0.0361% per day |
3 | Interest Accrual Start Date | T+1 day |
4 | Maximum Loan Term | 90 days |
5 | Penalty Interest Rate | 150% of margin loan rate |
6 | Deposit Interest Rate | 0.15% per annum |
7 | Initial Margin Requirement | Minimum 50% |
8 | Maintenance Margin Requirement | Above 30% to 35% |
9 | Margin Call Threshold | 30% or below |
10 | Loan Extension Fee (for loans >90 days) | 0.3% of approved extended amount, charged on the first business day after day 90 |
11 | Margin Call Notification Method | SMS to registered mobile number and/or email address provided during margin account opening |
12 | Securities Sale Advance Fee (effective 01-Mar-2024) | 0.0361% per day |
Note: Parameters are subject to change per MSVN's periodic regulations.
Notification on Advance Selling Fees and Margin Trading Loan Interest Rates
How to open a margin trading account at MSVN?
To open a margin trading account, you must be a local customer and already have a cash trading account at MSVN.
1. If you are a corporate customer, please contact the supporting staff for guidance or visit the MSVN branches directly.
2. If you are an individual customer with Vietnamese nationality, please refer to the instructions below:
Case 1 - If you already have a standard trading account:
Visit the account opening website.
Enter the phone number and email registered with MSVN.
Select "Register Account." If notified that the phone/email already exists, choose "Continue" to open an additional sub-account.
Follow the remaining steps to complete the account opening process.
Contact your account manager for the timely support.
Case 2 - If you have not yet opened any account:
Visit the account opening website.
Enter your phone number and email currently in use.
Choose to register with or without consulting services. If selecting consulting services, enter the 4-digit ID of the supporting staff. If left blank, staff will be randomly assigned.
Follow the steps to complete the process, ensuring to open both a standard trading account and a margin trading account simultaneously.
Contact your supporting staff or the hotline at 028 44 555 888, then press 2 if you need assistance.
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