The Exciting Derivatives Contest: A Top Performer in the HNX Derivatives Brokerage Market Share.

After an exciting 3-month run with over 5,000 participants, a staggering transaction value of 43 trillion VND, and a whopping 300,000 derivatives contracts traded, the "Vo Dai Phai Sinh" tournament hosted by DNSE Securities (HOSE: DSE) is gearing up for its next edition with a total prize pool of 200 million VND up for grabs.

Administrator

16 July, 2024

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“A Comprehensive ‘Trial by Fire’ for Investors”

DNSE Securities’ “Martial Arts of Derivatives” tournament concluded after a thrilling three-month competition. Despite the volatile derivatives market, the tournament remained a hot attraction, drawing over 5,000 participants. After an intense journey, the contest discovered the ultimate “God Dragons of Short Selling,” awarding weekly and monthly cash prizes totaling 165 million VND. Consequently, the total transaction value during the tournament exceeded 43,000 billion VND, equivalent to more than 300,000 derivative contracts.

“Martial Arts of Derivatives” captivates investors with enticing weekly and monthly prizes.

The “Martial Arts of Derivatives” provided individual investors with an engaging platform for interaction and exploration. The weekly rankings reflected fierce competition among seasoned derivatives traders, with positions fluctuating constantly. Due to unexpected market fluctuations, today’s top-scorer could drop off the leaderboard in the next session. Thus, investors needed to devise continuous and sharp trading strategies to maintain their cumulative profits to remain in the rankings.

The competition intensified on the leaderboard for sustainable profit masters (monthly awards). The “Martial Arts of Derivatives” witnessed a fierce battle over several consecutive weeks, with traders achieving a 100% win rate, differentiated only by a few transactions. Through this contest, many investors gained invaluable insights, recognizing that derivatives offer high-profit potential but also carry unexpected risks.

Mr. Dao Tran Nam Anh, an investor who repeatedly ranked first in the contest, described the “Martial Arts of Derivatives” as a comprehensive trial by fire for investors. From this challenge, he learned crucial lessons in trading, emphasizing the importance of maintaining discipline and avoiding frequent position reversals. There were sessions where he lost half of his daily trading profits due to a few uncontrolled minutes at the end.

Given the market’s strong and unexpected fluctuations, many investors also learned a hard lesson about the necessity of staying updated on macroeconomic trends, sticking to their initial session strategies, and setting clear loss or profit thresholds to mitigate risks, especially when employing high leverage.

Choosing the Right Trading Platform is Crucial

A critical factor in derivatives trading success is technology. Derivative tools featuring algorithmic trading capabilities, real-time profit and loss signal filtering, and automatic alert systems enable investors to minimize opportunity costs and promptly respond to market fluctuations. Additionally, platforms with low margin requirements optimize market opportunities.

As the organizer of the “Martial Arts of Derivatives,” DNSE is known for its derivative product, Future X, which has gained investors’ favor for its fast and efficient features. In addition to a user-friendly interface and convenient deposit and withdrawal functions, Future X allows for quick order placement. It also helps investors maximize profits with the lowest contract opening margin ratio in the market, at just 18.48%.

With a focus on developing derivatives securities in 2024 and aiming to make derivatives trading one of the company’s competitive advantages, DNSE concluded the second quarter of 2024 by entering the top 4 in the HNX derivatives securities brokerage market share, just over a year after launching its derivatives trading product.

In Q2/2024, DNSE ranked in the top 4 in HNX derivatives securities brokerage market share.

Mr. Nguyen Hoang Giang, Chairman of DNSE’s Board of Directors, previously shared that the company’s derivatives trading platform is unique and user-friendly. As part of its new product roadmap, DNSE is developing a specialized derivatives platform for clients scheduled for launch in the fourth quarter of this year.

“What makes us happiest is that investors who trade derivatives on DNSE have a near-zero abandonment rate. This positive indicator attests to the potential of our product,” affirmed the Chairman of DNSE.

Sharing his experience with Entrade X by DNSE, investor Dao Tran Nam Anh chose this platform for its smooth performance and ease of use, accessible to both experienced and novice traders.

Another successful investor in the “Martial Arts of Derivatives,” Nguyen Huu Pho, who ranked first in week 1 with a 100% win rate across 22 deals, attributed his cost savings to Future X’s low margin requirements, the lowest in the market. He emphasized that the derivatives market is prone to sudden reversals. “I overcame this by reassessing trends and consistently setting stop-loss thresholds, adhering to my investment principles of avoiding frequent position reversals. The tools in the Entrade X by DNSE app were instrumental in enabling quick trades that aligned with my defined strategy.”

Riding on the enthusiasm of investors and the success of the “Martial Arts of Derivatives,” DNSE is now hosting the “Expanded Martial Arts of Derivatives” tournament, offering a total prize pool of 200 million VND.

The contest will run for 12 weeks, from July 1 to September 30. Investors with a derivatives trading account on the Entrade X platform are eligible to participate and vie for a series of attractive prizes totaling nearly 200 million VND.

Dong Tu