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Draft decree on derivatives

Update: March, 11/2013 - 09:59
HA NOI (VNS)— The State Securities Commission is drafting a decree on derivatives products and planning to collect opinions from relevant bodies and market participants on the draft by the end of this month.

To ensure the feasibility as well as careful deployment of these financial products, the draft decree will aim to develop principal derivative products based on Government bonds and stock indices, said Nguyen Son, director of the commission's Market Development Department.

Under the plan, the draft decree will be submitted to the Government for consideration this year.-VNS

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