Trading principles

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It refers to the maximum money an investor can use for buying securities at a given time. It is calculated as follows:

Purchasing power = Cash + Proceeds from unsettled sales

Where: Cash is in the regular sub-account.

Proceeds from unsettled sales are sale proceeds not yet settled in the account for T+2 days (after deducting advance payment fees).

Yes, transaction fees and taxes are factored into the investment returns. These fees and taxes are directly subtracted from the end-of-day portfolio value, the selling value, and added directly to the buying value in the calculation.

For comprehensive information about these order types, please refer to the following link here.

TCBS offers free stock trading for its part of the transaction fee, and only collects a handling fee of 0.03% as regulated.

The depository fee is a charge imposed by the Vietnam Securities Depository (VSD) on investors when they trade securities to ensure ownership rights of securities in the market through the securities company. Customers with securities in their accounts are subject to a depository fee of 0.3 VND per share/month. This fee accrues daily and is displayed in the ‘Debt’ section of the customer’s Assets. It is settled at the end of the month or the beginning of the next month.

You can place orders to buy or sell odd lot shares (quantities from 1 to 99) on the Trading stock of TCInvest.

  • Trading hours: 9:15 AM – 2:30 PM.
  • Manually input the quantity of odd lot you want to buy.
  • Choose the order type LO (limit order) and enter the desired price.
  • You can cancel or modify your order in the Stock Order Book.
  • Odd lot orders will only match when there is a corresponding odd lot buy or sell order (not matched with board lot).

The conditional order will remain valid for the duration set by the customer.

During that time, if the order meets the conditions to activate and is pushed to the exchange, it will remain effective in the following trading sessions. However, if the conditional order is not activated and the trading session ends, the order will no longer be valid, and no further orders will be generated in subsequent sessions.

Customers can place additional conditional orders if desired.

A 24/7 order will remain effective for the duration set by the customer.

If the order meets the activation conditions during this time, it will be sent to the exchange and continue to be effective in subsequent trading sessions.

Orders are matched on the exchange based on the priority of price and time. Placing an order at the closest bid/ask does not guarantee a match (although the probability is very low) if other orders at the same price were placed earlier.

It suggests the 3 closest bid/ask prices for customer reference when placing orders.

It applies to the Limit Order (LO) and enables buying or selling securities at a specific price or better.
After entering the stock code, the system auto-fills the market price for quick order placement, and customers can check the session’s trading price range for any adjustments.

• Shark (CM) represents significant investors or organizations who make substantial investments and dominate the market. (They typically place orders with a value > 1 billion VND per order).
• Grey Wolf (SG) refers to experienced investors who place high-value orders. (They typically place orders ranging from 200 million VND to 1 billion VND per order).
• Sheep (CN) are individual investors with smaller portfolios, characterized by lower trading activity and order values. (They typically place active Buy or Sell orders valued < 200 million VND per order).

Please log in TCInvest, choose “Stock Priceboard” section and select “VNOddlot” under the HOSE column for monitoring odd lot prices.

A conditional order is activated when the account meets the pre-established conditions.

The stock depository fee accumulates daily and is shown in the ‘Debts’ section of the customer’s Assets. It is settled either at the end of the month or the beginning of the following month.

  • Ceiling price: The highest price level at which investors can place buy or sell orders for a stock during a trading day.
  • Floor price: The lowest price level at which investors can place buy or sell orders for a stock during a trading day.
  • Reference price:

For stocks listed on the Ho Chi Minh City Stock Exchange (HSX) and Hanoi Stock Exchange (HNX): The reference price is based on the closing price, which is the last price at which a trade was executed on the preceding trading day. It serves as the foundation for determining the ceiling and floor prices for the current trading day.

For stocks listed on the Upcom exchange: The reference price is calculated as the weighted average of even-lot trading prices executed through the continuous matching method on the nearest trading day that employed continuous matching.

  • HNX: 5,000 shares/transaction
  • HSX: 20,000 shares/transaction
  • Upcom: No minimum trading volume limit

The investment amount is determined by multiplying the number of shares by the stock price at the time of investment. Each stock trade conducted by a customer is subject to a transaction fee based on TCBS’s fee schedule for the respective period.
1. Stock prices are continuously updated on the TCBS’s Priceboard
2. The minimum trading volume depends on the regulations:
– Even lot trading unit: 100 shares per lot.
– Odd lot trading unit: from 1 to 99 shares.

A stock put-through order allows investors to independently agree on price and volume within the day’s market price range. TCBS enables customers to perform these transactions online with provided instructions here.