Margin trading is transactions in which customers use loans from PHS to buy stocks and use those assets in the margin account as mortgaged assets.

  1. Total mortgaged assets: includes cash available and incoming cash, marginable stocks (available margin stocks and incoming margin stock).
  2. Margin ratio will change through certain period of time but max ratio is 50%.
  3. Margin list are stocks listed in the marginable stocks portfolio which is published at www.phs.vn
  4. Margin interest: 11.5%/year -13.5%/year (Year is on 360 days basis)
  5. Loan term: 90 days (calendar day). Maximum loan term 180 days.
  6. For using this service, customer needs to:
  • Opened a securities trading account at PHS
  • Sign a Margin contract