Introduction¶
Overview¶
Products in the derivatives market are financial instruments which are valued based on the value of one or more underlying assets, expressed in a variety of contractual forms
For component of derivative products:
[A] Underlying asset namely non-financial assets (food, energy ...) and financial assets (stocks, bonds, interest rates, exchange rates, derivative securities)
[B] In terms of contracts, derivatives have four basic types of contracts: forward contracts, futures contracts, option contracts and swap contracts
For investors, futures contracts help diversify investment instruments and implement effective hedging risk strategies for price fluctuation of underlying asset. On the management side, futures contracts meet the need to diversify investment products of the public, reform financial market structure including capital mobilization market and risk diversification market, thereby promoting international integration of Vietnam.
Specifics for Vietnam market¶
For Vietnam market, the derivatives has been authroized by Ha Noi Stock Exchange.
In 2025, there are available 3 derivative products:
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VN30 Index Futures
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5-year Government Bond Futures
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10-year Government Bond Futures
Source Reference¶
- [1] Official website of HNX about derivatices. Introduction of derivatives by HNX