- Overcoming initial concerns, the stock market has been quick to adapt to and benefit from the afternoon session. Therefore, if the afternoon session was extended for the period despite considerable pressure for securities companies and investors, but the support and expectations will be very high.
Speaking to Business Times, the department in charge of managing broker at a large securities firm, said the company separate account for each customer deposit bank manager, then the increase in the while the afternoon session will create enormous pressure for all investors, securities firms and banks. Before trading securities first afternoon on 5/3/2012, securities companies raced to complete the transaction system, your payment.
More pressure on the
Director of technology - a system of securities companies invested abroad, said during system setup to be able to trade the afternoon, he and his colleagues work to 8-9 pm is normal. Even when the market first session went smoothly, the department custody, accounting and securities companies banking division connection with the payment must also work to 7-8 hours dark.
Currently, when the session lasted more than 14:00, then on some peak days, investors cash advance, cash can make securities firms and banks to work 7-8 hours dark. Thus, the judgment of a veteran stockbroker, when extended to 15:00, add 1 hour, can make the accounting department, depository and settlement work to 9-10 pm that this is "stress".
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Furthermore, investors may also experience difficulty in the application and withdrawal right in the afternoon. Currently, the system individually managed separate accounts of investors in the bank after the transaction, some securities companies and banks will handle the transaction, cash accounting, blockade then cleared for withdrawal ... for about 1 hour.
As such, investors will have a period of time from about 16:00 to 15:00 hours to more cash. 15:00 But if the new end of the transaction, then the securities settlement company needs cash to customers is very difficult. As usual, the period around 1615 hrs will conduct closing cash book should also harder at first. If more than one person at the teller, the pressure for both customers and banks, securities firms will be great.
Professional challenge
The handling of these pressures would indicate capacity, the professionalism of the company stock. Vietnam's stock market is also a step in the standardization of transaction time in international practice. Increasing transaction time also helps to increase market liquidity further, and opportunities for greater profits than before. In addition to the trading system, then the securities firms and investors will have a change in operations, faced with both challenges and opportunities if additional time transactions.
Remember on the first day in the afternoon, have a nap investors ... always at the floor. And this is an opportunity for companies to show stock levels "dimensions" of its customers to the floor while happily backrest securities to the investors.
According to an expert analysis of securities, transaction further 1 hour, the time and effort of the broker in the customer care can be increased by several times. This is no small pressure. Thus, the securities company to take care of our customers better, from what place orders, counseling, support payments, withdrawals will have the opportunity to attract more customers.
For investors, if extended trading hours, the work schedule, investment in the stock market is akin to ... work hours. At this point, investors will be focused more to market and is difficult to do more than the other. This can be detrimental to some people, but it can also increase the level of professional investors, focus is usually doing better.
There is no "play" again which securities have worked really, with decent hours. Pressure, change is very difficult, but the opportunity from time increasing transactions on the stock market is very large.
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