HFT Securities – Free of all securities trading fees
HFT Securities customers increased in two weeks after the company free trading all products from 9/16.
The free trading program at HFT takes place from September 16 to November 30, applicable to all stocks, fund certificates and warrants. The representative of the company said that after only two weeks of announcing the program, the number of new customers and transactions increased sharply.
Representatives of the Korean capital securities company said that this is the right time to deploy the free trade offer, when the units that reduced the fee to 0% previously returned to apply the initial fee.
This year, before HFT, a series of companies such as VNCS, VPS, NHVN, announced free transactions of some or all products for about 1-2 months.
HFT is the latest securities company to join the free trading race.
The free movement of securities companies in line with the world trend. Currently many large companies such as Vanguard, Charles Schwab, JPMorgan Chase … are all free of charge for customers on the digital platform. The reduction or free of transaction also helps motivate investors in Vietnam market in the context of fluctuating stock market.
According to experts, in September, Vietnam’s stock market continued to face many complicated variables, such as foreign investors’ transactions or macro factors. US-China trade tensions and rising global risks are the story across the stock market in August. Meanwhile, 70% of the sessions of the VN-Index moved in sync with the S&P 500 (US). ), affecting the movements of the index in the context that the US market lacks motivation to increase.
According to some forecasts, in October, expected positive business results of consumer goods and services, book publishing, natural rubber companies and pharmaceuticals will create momentum. for the market sales. Shares of many businesses with impressive business results are likely to attract investors.
In general, in 2019, Vietnam’s macro economy has many favorable factors with high and stable growth momentum, which is assessed to have many growth prospects.
HFT is a subsidiary of Hanwha Investment & Securities, belonging to Hanwha Group – one of the 7 largest economic groups in Korea. In April 2019, Hanwha Investment & Securities invested in Vietnam’s stock market through the acquisition of HFT stock and increased its capital to more than 6 times (over VND 600 billion) by the end of August 2019.
Hanwha Group Headquarters in Korea.
HFT receives a lot of support from the parent company about capital, brand, management and modern technology system to promote development in Vietnam market. As a part of expansion and market development strategy, HFT plans to launch many products with great incentives to attract investors.