The Great Shake-Up: Derivatives Brokerage Rankings in Flux as AIS Securities Falls from the Top 10

The Hanoi Stock Exchange (HNX) has released the top 10 brokerage market share rankings for the second quarter of 2024 for derivatives. The rankings witnessed a shuffle in the middle group, with AIS Securities dropping out of the leading pack.

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The top three spots in the ranking of securities companies (SSCs) remain unchanged, with VPS Securities taking the lead with a market share of 58.77%, creating a significant gap with the second-placed company despite a slight decrease of 0.13 percentage points from the first quarter.

HSC Securities and Techcom Securities (TCBS) secured the second and third positions, respectively, with 6.88% and 5.21% market share.

Unlike the stable top three, the following ranks witnessed significant changes. DNSE Securities rose by 1.1 percentage points, climbing one spot to fourth place, while MB Securities (MBS) inched up by 0.41 percentage points, surging two places to fifth.

A peculiar case occurred as VNDIRECT Securities (VNDS) managed to climb one rank higher to seventh place, despite a 0.38 percentage point drop in market share.

SSI Securities and Phu Hung Securities (PHS) both slipped two spots, with the former experiencing a 0.46 percentage point decline and the latter an 0.88 percentage point decrease.

Mirae Asset Securities (MAS) fared better, retaining its ninth position despite a slight drop of 0.27 percentage points.

The tenth spot saw a change as FPT Securities (FPTS) entered with a market share of 1.97%, replacing AIS Securities.

Overall, in the second quarter of 2024, the top ten SSCs in derivatives brokerage accounted for 93.91% of the total market, slightly higher than the 93.55% recorded in the first quarter.

Top 10 Derivatives Brokerage Market Share in Q2 2024

Source: HNX, Author’s Compilation

Huy Khai

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