Futures Contracts on VN30 Index

A futures contract is an agreement between the buyer and the seller about a transaction taking place in the future at a predetermined price.

Futures contract on the VN30 index is a type of futures contract with the underlying asset being the VN30 index, simulating the price expectation of the VN30 index at the time of maturity; is a standardized product traded on the Exchange.

VN30 index futures contracts trade with 4 codes corresponding to 4 expiration months: Current month, next month, last 2 months of the 2 most recent quarters. Futures contract maturity date is the 3rd Thursday of the maturity month.

The VN30 Index is calculated based on a basket of 30 stocks with the highest market capitalization and liquidity on the HOSE exchange.

1. How to read Futures Contract code:

Futures contract codes listed after May 2, 2025, will consist of 9 characters following the ISIN code format, including:

2. Advantages of VN30 index futures

• Allow T0 transactions: Allow investors to buy & sell during the day, recording profits immediately; Contracts can be traded multiple times a day.
• Profit opportunity when the market declines: Allows investors to short sell the VN30 index by opening a sell position when investors expect the general market and the VN30 index to be in a downward trend. Investors earn profits when the VN30 index drops lower than the price when NDTD opens a sell position.
• High leverage without Margin fee: Underlying securities have a minimum margin ratio of 50%, equivalent to the securities company lending investors up to 50% of the money to buy securities (maximum leverage ratio 1-1 ). While the VN30 index futures contract only has a margin rate of only about 20% for trading, equivalent to a leverage ratio of 1-4 allowing investors to utilize capital 4 times higher than the underlying stock..
• Open and transparent when based on the VN30 index: The VN30 index includes 30 stocks, each stock does not account for more than 10% and the list of 30 stocks is restructured periodically every 6 months.

3. Futures contract information of VN30 index