HoSE to launch covered warrants in late MarchThe Ho Chi Minh Stock Exchange (HoSE) will officially launch covered warrants in late March to expand investment choice and attract more foreign capital to the market. Covered warrants, also known as options, give investors the right to buy or sell stock or an underlying asset at a particular price within a set time period. Developers at HoSE said they studied covered warrants markets in the US and Europe and that Vietnam will follow the European model and focus on call options first. The trading of covered warrants is similar to that of stocks, as investors are allowed to use their stock trading accounts to buy and sell covered warrants. These securities companies must also not have incurred cumulative losses and must have fully licensed securities operations.

Source: VietNamNet News February 06, 2018 10:41 UTC