DNSE Securities officially listed 10 million corporate bonds, identified as DSE125018, on the Hanoi Stock Exchange (HNX) on 27/11. This significant issuance, totaling 1,000 billion VND, consists of non-convertible, non-warrant, and unsecured bonds with a 24-month maturity period. Investors will receive a fixed interest rate of 8,3% per year for the first two interest payment periods. Subsequent periods will feature a floating interest rate, calculated as the average deposit interest rate of four state-owned banks (Agribank, BIDV, VietinBank, and Vietcombank) plus 3,5% per year. DNSE has committed to semi-annual interest payments, ensuring a steady cash flow for investors throughout the bond's term.

10 million DNSE bonds officially listed and traded on the exchange from 27/11. Photo: DNSE

The successful issuance of these bonds took place in October, with each bond having a par value of 100,000 VND. The capital raised by DNSE will be strategically utilized to support advance payments for sales, facilitate securities margin trading, and expand the company's overall business operations, thereby meeting the growing demands of its investors.

DNSE reported strong financial performance, achieving a total revenue of 1,030 billion VND by the end of Q3. The company's after-tax profit reached 263,3 billion VND, enabling it to meet its full-year financial targets within just three quarters. According to the company's financial statements, this growth was primarily driven by its brokerage, margin lending, and proprietary trading segments. Notably, revenue from securities brokerage activities in Q3 surged by five times compared to the same period last year, contributing significantly to the company's positive business results.

Looking ahead, Nguyen Hoang Giang, Chairman of the Board of Directors of DNSE, shared his insights at the DNSE Future Tech Summit held on 21/11. He anticipates increased market liquidity and activity when T+0 trading is implemented, allowing for quicker security sales and shorter transaction times, thereby accelerating capital turnover and transaction speed.

Nguyen Hoang Giang, Chairman of the Board of Directors of DNSE. Photo: DNSE

This technology-driven securities firm has spent five years developing innovative products to address this anticipated market shift. Key technological pillars include features such as Margin Deal, a risk management and margin lending model tailored to individual transactions; Ensa, a virtual assistant; and AI Order, which optimizes execution prices by breaking down large trading volumes.

In addition to its advanced software solutions, DNSE has invested in robust server infrastructure and developed Open API and Co-location Host solutions. These initiatives provide clients with direct connectivity to DNSE's systems, aiming to minimize transaction latency and support algorithmic and high-frequency traders, ultimately striving for "zero-latency" trading experiences.

In the derivatives market, DNSE's advantage in trading speed and automated tools helped it maintain its position as a top 2 player in derivatives brokerage market share in Q3, capturing 24% of the market. Through these capital-raising activities, the company expects to enhance its financial strength, operational capabilities, and competitive edge, positioning itself to capitalize on new trends and opportunities within the securities market.

Minh Ngoc