Account Management Entrustment

Solution overview
Term and Conditions
Service fees
Customers should take note of the following information when trading on a Margin trading account (Ký quỹ):
1. Product Eligibility:
Customers must belong to eligible categories as per legal regulations and have signed a Margin trading account opening contract with VCBS.
2. Loan Tenure for Margin Trading:
- Minimum Loan Tenure: 01 day (No interest accrues if customers borrow and repay before 16:00 daily).
- Maximum Loan Tenure: 90 days.
3. Applicable Portfolio Ratios:
- Initial Portfolio Ratio: 100%.
- Maintenance Portfolio Ratio: 83% (Customers need to maintain a higher portfolio ratio to avoid immediate margin call).
- Warning Portfolio Ratio: 83%.
- Liquidation Portfolio Ratio: 71.5%.
4. Margin Extension Regulations:
- Maximum number of extensions: 01 time.
- Maximum extension period: 90 days from the extension date.
- Extension methods: Extensions can be made through online trading channels or at VCBS trading locations.
For detailed information about Margin trading, please refer to the provided documentation here.