Growth Potential and Investment Appeal
Vietnam’s derivatives market is projected to grow at an average rate of 20-30% annually, according to the Ministry of Finance’s Strategy for the Development of the Securities Market in Vietnam by 2030. With such robust potential, the derivatives market is increasingly asserting its position as an attractive playground for domestic and foreign investors.
The ability to effectively manage risks and the potential for high returns even in a bearish market, coupled with flexible trading mechanisms, have made derivatives a popular investment product. Statistics from the Hanoi Stock Exchange (HNX) illustrate the vigorous growth of Vietnam’s derivatives market. By the end of Q2 2024, the number of trading accounts had reached nearly 1.7 million, and foreign investor transactions had also grown impressively, doubling or tripling compared to the previous year.
The number of derivatives trading accounts is increasing rapidly
The development of the derivatives market is further propelled by the growing number of securities companies entering this space. From an initial modest figure of seven, there are now 24 companies providing derivative services. This competition not only diversifies the product offerings but also reduces transaction costs for investors. Notably, the rise of companies like DNSE, which entered the top four in market share for derivatives brokerage in Q2, just over a year after the launch of their Future X product, underscores the robust potential of this market.
Asserting Your Investment Prowess with “Derivatives Arena”
To meet the increasingly sophisticated demands of investors, DNSE has organized the “Derivatives Arena” contest. This is an enticing playground for those who aspire to master the derivatives market. The competition not only serves as a platform for investors to showcase their trading prowess but also offers opportunities for learning and enhancing investment skills.
With a diverse range of awards, including “Thần long đại short,” “Bá chủ Deal lãi,” “Hảo hán chốt lời,” and “Cao thủ lãi bền vững,” “Derivatives Arena” equips investors with critical skills such as risk management, market analysis, and making swift and accurate trading decisions. Notably, these challenges help investors comprehend the complex fluctuations of the derivatives market and the importance of maintaining a steady psyche during transactions.
“Derivatives Arena” is where top derivatives traders converge to showcase their skills
With attractive prizes and enthusiastic support from the investment community, the “Derivatives Arena” tournament has received over 5,000 registrations in its first three months. Currently, the “Expanded Derivatives Arena” contest continues to be organized by DNSE, establishing itself as a reputable and captivating playground for derivatives investors. Mr. Dao Tran Nam Anh, an investor who has consistently ranked first in the contest, shared: “The Derivatives Arena is a comprehensive test of an investor’s skills and psyche. The contest made me realize that maintaining a steady mindset and refraining from frequent changes are crucial factors for success in derivatives trading.”
The “Secret Weapon” for Derivatives Traders
To succeed in the volatile derivatives market, investors need not only knowledge and experience but also powerful and effective trading tools. DNSE, with its Future X product, has been and continues to be that tool, evidenced by the exceptional growth in the number of investors in just over a year since its launch.
DNSE offers a modern trading platform, enabling investors to place orders swiftly and accurately and manage their investment portfolios effectively. Featuring distinctive functionalities such as order-based administration and lending, direct trading on the underlying securities account, conditional order setup, real-time profit and loss alerts, and, notably, a free trading policy, Future X is not merely a trading tool but a trusted companion that empowers investors to confidently conquer the derivatives market.
With technological tools that ably assist derivatives investors and the allure of the Expanded Derivatives Arena contest, investors now have an unparalleled opportunity to challenge themselves, discover their potential, hone their trading skills, and vie for enticing prizes.
Information about the “Expanded Derivatives Arena” Tournament
DNSE is currently conducting the “Expanded Derivatives Arena” tournament, offering a total prize pool of 200 million VND. The contest will span 12 weeks, from July 1 to September 30. Anyone with a derivatives trading account on the Entrade X platform is eligible to participate and stand a chance to win a slew of attractive prizes.
Register now at: https://s.dnse.vn/vdpsmr-cafeF
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