In accordance to the Decision No. 211/QĐ-VSD date 18/12/2015 of Vietnam Security Depository (VSD) on enactment of Regulation of securities transaction settlement, substituting Decision No. 28/QĐ-VSD date 13/03/2015, VNDIRECT Securities Corporation is pleased to announce:

According to the general regulations, settlement cycle for stock and fund certificate transaction will be shortened from 8:45 AM on the 3rd working day after the transaction (T+3) to 4:00 PM on the 2nd working day day after the transaction (T+2).

At VNDIRECT, cash from stocks and investment certificate proceedings will be available to customers at 8:00 AM of T+2. Customers may use the cash without having to bear additional advanced fees.

Stock and bond certificate transactions occur in 29th, 30th and 31st December, 2015, will be settled on 4th, 5th and 6th January, 2016 respectively.

Regulation of securities transaction settlement (T+2) will be applicable to Stocks and investment certificates transactions from 04/01/2016.
06/01/2016 (Wednesday) will be the payment date for transactions on 31/12/2015 and 04/01/2016 effectively, as follows:

Stocks and investment certificates transacted on 31/12/2015 will be settled at 8:45 AM on 06/01/2016.

Cash received from stocks and investment certificates transactions on 04/01/2015 will be available at 8:00 AM and purchased stock and investment certificates will be settled at 4:00 PM of the same day.