BIDV Securities Company

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1. Purchasing CWs in primary market

a. Payment

i. Customers deposits the amount to BSC HQ account:

Account Name: BIDV Securities Company (BSC)
Account Number: 12310000163777
Beneficiary Bank: BIDV Quang Trung Branch
Remark: <Customer Name>, <Customer ID> deposit to purchase <numbers of CW to purchase> <CW Name>

ii. Customers deposits the amount to BSC HCM Branch account:

Account Name: BIDV Securities Company (BSC) – TP.HCM Branch
Account Number: 11910000051400
Beneficiary Bank: BIDV NKKN Branch
Remark: <Customer Name>, <Customer ID> deposit to purchase <numbers of CW to purchase> <CW Name>

iii. Customers deposits the amount directly at BSC counters

b. Distribution

c. Completion

BSC registers CWs. After 1-2 weeks, customers can trade CWs in HOSE like other normal stocks.

2. Purchasing CWs in secondary market

Customers can purchase CWs in HOSE as a secondary market like other normal stocks.

3. P&L and Payment process

a. P&L

i. At maturity

Profit: if the underlying stock price is above the exercise price at maturity, the payment will be made by transferring the difference.
Loss: if the underlying stock price is below the exercise price at maturity, the capital invested will be loss.
Example:

Type of CW	Call
Underlying Stock	VIC
Price of underlying stock	100,000
Price of CW	10,000
Exercise Price	100,000
Time to Maturity	3 months
Conversion Ratio	1:1
Type of Exercise Rights	European
Price of Underlying Asset at maturity	P&L at maturity
150,000	150,000 – 100,000 – 10,000 = +40,000
110,000	110,000 – 100,000 – 10,000 = 0 (breakeven)
105,000	105,000 – 100,000 – 10,000 = -5,000
100,000	Not exercise, -10,000 capital invested
80,000	Not exercise, -10,000 capital invested

ii. Prior to maturity

b. Payment Process

The payment process will be made within 5 working days from the day customers exercise the CW.