Securities company wishing to trade derivatives must have fully approved financial statements, no accumulated losses in the most recent fiscal year ...
According to the draft decree guiding the Securities Law, which is being consulted by the Ministry of Finance, the conditions for obtaining a derivative securities trading certificate are more stringent.
Securities companies must meet the charter capital and equity capital for proprietary trading and brokerage activities of VND 600 billion and 800 billion respectively. For derivative securities investment advisory, a decree issued in 2015 that does not regulate the minimum charter capital is now required to be over VND 250 billion.
See more about Bitcoin transactions: btc to skrill
Securities company must meet full provisioning provisions, have no accumulated loss in the most recent fiscal year and a minimum financial safety ratio of 220% continuously in 12 months prior to filing. In addition, the opinion of the auditor on the most recent annual or semi-annual review financial report must be fully approved.
This regulation shows a clearer degree of quantification, as the previous decree only required "meeting the requirements of business results, capital availability and professional maintenance under the guidance of the Ministry of Finance" .
The only loose provision in the new draft is that in addition to the Director and Deputy Director in charge of operations, each derivative securities trading operation only needs to add at least 3 employees, instead of 5 people as before. In return, derivative securities traders will not be allowed to concurrently work in other departments of the company.
The draft Decree also adds conditions to grant certificates to securities investment fund management companies. The minimum charter capital for these businesses is VND 25 billion, together with requirements for financial status, audit reports and not in the state of reorganization, bankruptcy, dissolution or suspension. moving.
The State Securities Commission may suspend a number of derivative securities trading activities for up to 12 months when it detects that the application file is forged, contains false information or does not satisfy one of the number of conditions for 6 consecutive months. After the suspension period cannot be overcome, the enterprise must terminate the derivative activities.
The derivative stock market was inaugurated in August 2017, there are currently two derivative products on the underlying assets, the VN30 stock index and 5-year government bonds. In particular, government bond futures are a product for institutional investors.
As of the end of July, the derivative stock market had 19 trading and clearing members, with more than 132,000 accounts.
In three years, nearly 68 million futures were traded. The derivative stock market is particularly active when the underlying market is volatile. In 2019, the average transaction volume per session was 88,740 contracts, the first seven months alone increased approximately 95%, reaching over 173,000 contracts. A new volume record was set at more than 356,000 contracts during the July 29 session.
The Phosphorus & Derivatives Market is mainly driven by essential nutrient for body functioning, increasing population, introduction and development of Halogen Free Flame Retardants (HFFR), decreasing arable land, increasing use of bio-fuels, and increasing demand for water treatment.
The key factors restraining this market include regulations on phosphorus usage in detergents, conservation of resources, decreasing quality of phosphate rock.
The opportunities for phosphorus & derivatives market are Improved Hard Process (IHP) for kiln phosphoric acid production and use of phosphorus in batteries for electric vehicles.Fertilizers are the key application of phosphorus & derivatives followed by detergents and the food industry.
Fertilizers are the largest application in the phosphorus & derivatives market and account for more than 86.1% share of the market.
The flame retardants material application is projected to register the highest CAGR of 7.7% between 2015 and 2020.The leading players in the market include the Agrium Inc. (Canada), OCP S.A. (Africa), The Mosaic Company (U.S), Eurochem (Russia), Yara International ASA (Norway), Akron OAO (Russia), CF Industries Holdings, Inc. (U.S.), Innophos Holdings, Inc. (U.S.), Israel Chemical Ltd. (Israel), Lanxess AG (Germany), and United Phosphorus Limited (India).Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1148The report includes the phosphorus & derivatives market and its trends in six regions, Asia, Americas, Europe, Africa, Oceania, and The Middle East.
The market has also been analyzed on the basis of applications, such as fertilizers, detergents, the food industry, water treatment chemicals, metal finishing, and flame retardants material.
iBTC Asia's most popular bitcoin trading platform, Hong Kong dollar trading bitcoin, one-stop trading bitcoin, ether, EOS, Litecoin, Ripple!.
Diversify your investment portfolio and can trade quickly.
Flexible payment, bank transfer and cash transactions are possible.https://ibtc.com.hk/
For the utilization as a spread record, a blockchain is consistently controlled by a scattered system everything considered adhering to a convention for between focusing point correspondence and supporting new blocks.
The outcome is a liberal work process where people's lack of protection with respect to information security is inconsequential.
Blockchain has been delineated as a respect trades convention.
This blockchain-based trade of important worth should be possible speedier, more secure and quicker than with customary structures.
The essential use of blockchain today is as an appropriated record for cutting edge money related measures, most conspicuously bitcoin.
Solidifying an open and Personal key builds up a solid computerized character reliant on holding specialist.
Cryptocurrency has been a revolution since the day of its emergence in the digital world.
Obviously, you’re here to understand about Bitcoin, and how things work in this coin.
We'll provide a comprehensive study about the Bitcoin, and it’s a complete guide about Bitcoin!
