WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Jan 05, 2019 / 15:24

VCSC leapfrogs SSI to top HoSE’s brokerage market share in Q4/2018

SSI remained the largest broker in the HoSE for the whole year, reaching a market share of 18.7%, followed by HSC and VCSC with 11.24% and 10.95%, respectively.

In the fourth quarter of 2018, Viet Capital Securities Company (VCSC) leapfrogged SSI Securities Corporation (SSI) to top the brokerage market share in the Ho Chi Minh City Stock Exchange (HoSE).
 
Illustrative photo.
Illustrative photo.
According to the HoSE, VCSC held a market share of 17.04% in the quarter, while that of SSI was 14.99%. Ho Chi Minh Securities Company (HSC) claimed the third place with 9.52% of market share. 

The fourth and fifth places belong to VNDirect and MB Securities (MBS), with market shares of 6.36% and 5.41%, respectively. 

However, SSI remained the largest broker in the HoSE for the whole year, reaching a brokerage market share of 18.7%, followed by HSC and VCSC with 11.24% and 10.95%, respectively. 

On December 27, 2018, a group of investment funds managed by Dragon Capital have purchased nearly 113,000 shares of SSI Securities Corporation (SSI), to become the latter's major shareholder.

In addition to SSI, Dragon Capital is currently a major shareholder in Ho Chi Minh City Securities Corp (HSC) and Viet Capital Securities Company (VCSC), holding stakes of 30.27% and 8%, respectively.