This is new regulation under the Decision No. 09/QD-UBCK dated January 08, 2013 of the State Securities Commission on amending a number of articles of the Regulation guiding the margin trading of securities, promulgated together with the Decision No. 637/QD-UBCK dated November 30, 2011 of the President of the State Securities Commission.
Accordingly, from February 02, 2013, the State Securities Commission decided to lower the initial margin to 50% and the maintenance margin to 30% (is 10% lower compared with the previous regulation).
At the same time, to create the favorable conditions for customers, the State Securities Commission also annuls the condition of margining at least 10 million to open the account at Securities Company as prescribed under the Regulation.
This Decision takes effect on February 01, 2013.
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