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TopUp Derivative
Top-up Derivative is a consulting service that arranges capital from the cooperation with a third party to help investors trading derivative securities to increase the number of derivative contracts created during the day which is larger than the own capital of Investors
Derivative Top-up is a specialized application product package in DTRADE service
OBJECTS
– Clients who have experience in using loans and managing risk in transactions
– Clients who have experience in derivative transactions
– Clients who need capital support to increase purchasing power for derivative transactions, use leverage effectively
PROFIT FROM THE PACKAGE
– Profitability is not limited
– Maximum loss level of 3.26%
– Loan rate: up to 70%
– Interest rate: 0.05% /day
ILLUSTRATION FOR PRODUCT PACKAGE
– Future contracts-VN30 are priced at 1,000 points
– Obligation of initial margin (IM) with ordinary transactions: VND 16,875,000/contract (according to current regulations of VNDIRECT, it is 16,875%)
– Use derivative Top-up for 01 contract:
| Amount the client needs | 5,062,500VND (30%) |
| Clients can borrow | 11,812,500VND (70%) |
| Deposit fee for the day | 0,05% x 11,812,500VNĐ = 5,906VNĐ/day |
| Transaction fee | 8,000 VND |
| Late payment interest (in case the position cannot be ended as prescribed) | 0,05% x 11,812,500VND = 5,906VND/day |
| Processing rate | (when the loss amount in the session hits the level 3,262,500 VND (VM)) (5,062,500 VND – 3,262,500 VND)/ (1000 x 100,000) =1,8% → end required position |
INSTRUCTIONS FOR REGISTRATION & USE
Please contact the Department of the package here for more details.
– Online: Client register via iVND
– Offline:
1/ At Headquarters and the branches of VNDIRECT nationwide
2/ Delivery document (authenticated signature)
3/ Through experts Accounts Executive or Brokers
