{"id":9811,"date":"2025-05-15T15:11:20","date_gmt":"2025-05-15T08:11:20","guid":{"rendered":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/?p=9811"},"modified":"2026-08-05T09:53:45","modified_gmt":"2026-08-05T02:53:45","slug":"short-trong-chung-khoan-la-gi","status":"publish","type":"post","link":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/kien-thuc-kinh-te\/short-trong-chung-khoan-la-gi","title":{"rendered":"Hi\u1ec3u \u0111\u00fang short trong ch\u1ee9ng kho\u00e1n l\u00e0 g\u00ec \u0111\u1ec3 tr\u00e1nh r\u1ee7i ro v\u00e0 t\u1ed1i \u01b0u l\u1ee3i nhu\u1eadn"},"content":{"rendered":"\n

Short l\u00e0 m\u1ed9t trong nh\u1eefng chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 g\u00e2y tranh c\u00e3i nh\u01b0ng c\u0169ng \u0111\u1ea7y ti\u1ec1m n\u0103ng trong th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh. V\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi, kh\u00e1i ni\u1ec7m short trong ch\u1ee9ng kho\u00e1n l\u00e0 g\u00ec<\/strong> c\u00f3 th\u1ec3 kh\u00e1 m\u01a1 h\u1ed3 v\u00e0 kh\u00f3 h\u00ecnh dung. Tuy nhi\u00ean, vi\u1ec7c hi\u1ec3u r\u00f5 c\u01a1 ch\u1ebf v\u00e0 c\u00e1ch v\u1eadn h\u00e0nh c\u1ee7a h\u00ecnh th\u1ee9c n\u00e0y s\u1ebd gi\u00fap b\u1ea1n m\u1edf r\u1ed9ng g\u00f3c nh\u00ecn chi\u1ebfn l\u01b0\u1ee3c v\u00e0 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 linh ho\u1ea1t h\u01a1n.<\/p>\n\n\n\n

\"short<\/figure>\n\n\n\n

Short trong ch\u1ee9ng kho\u00e1n l\u00e0 g\u00ec?<\/h2>\n\n\n\n
\n

Short trong ch\u1ee9ng kho\u00e1n l\u00e0 m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 thu l\u1ee3i t\u1eeb vi\u1ec7c d\u1ef1 \u0111o\u00e1n gi\u00e1 c\u1ed5 phi\u1ebfu s\u1ebd gi\u1ea3m thay v\u00ec t\u0103ng. Thay v\u00ec mua tr\u01b0\u1edbc \u2013 b\u00e1n sau nh\u01b0 c\u00e1ch th\u00f4ng th\u01b0\u1eddng, ng\u01b0\u1eddi th\u1ef1c hi\u1ec7n l\u1ec7nh short l\u1ea1i b\u00e1n tr\u01b0\u1edbc r\u1ed3i m\u1edbi mua l\u1ea1i sau. M\u1ee5c ti\u00eau l\u00e0 b\u00e1n \u1edf gi\u00e1 cao v\u00e0 mua l\u1ea1i \u1edf gi\u00e1 th\u1ea5p \u0111\u1ec3 h\u01b0\u1edfng ch\u00eanh l\u1ec7ch.<\/strong><\/p>\n<\/blockquote>\n\n\n\n

Chi\u1ebfn l\u01b0\u1ee3c n\u00e0y th\u01b0\u1eddng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng trong th\u1ecb tr\u01b0\u1eddng c\u00f3 xu h\u01b0\u1edbng \u0111i xu\u1ed1ng ho\u1eb7c khi nh\u00e0 \u0111\u1ea7u t\u01b0 cho r\u1eb1ng m\u1ed9t t\u00e0i s\u1ea3n \u0111ang b\u1ecb \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao so v\u1edbi gi\u00e1 tr\u1ecb th\u1ef1c. D\u00f9 \u0111em l\u1ea1i c\u01a1 h\u1ed9i sinh l\u1eddi k\u1ec3 c\u1ea3 khi th\u1ecb tr\u01b0\u1eddng gi\u1ea3m, short trong ch\u1ee9ng kho\u00e1n c\u0169ng \u0111i k\u00e8m v\u1edbi m\u1ee9c \u0111\u1ed9 r\u1ee7i ro cao h\u01a1n b\u00ecnh th\u01b0\u1eddng. Do \u0111\u00f3, vi\u1ec7c hi\u1ec3u r\u00f5 b\u1ea3n ch\u1ea5t v\u00e0 c\u00e1ch ho\u1ea1t \u0111\u1ed9ng c\u1ee7a chi\u1ebfn l\u01b0\u1ee3c n\u00e0y l\u00e0 b\u01b0\u1edbc \u0111\u1ea7u ti\u00ean quan tr\u1ecdng tr\u01b0\u1edbc khi \u00e1p d\u1ee5ng v\u00e0o th\u1ef1c t\u1ebf \u0111\u1ea7u t\u01b0.<\/p>\n\n\n\n

C\u00e1ch th\u1ee9c ho\u1ea1t \u0111\u1ed9ng v\u00e0 c\u00e1c h\u00ecnh th\u1ee9c short trong ch\u1ee9ng kho\u00e1n<\/h2>\n\n\n\n

Short trong ch\u1ee9ng kho\u00e1n v\u1eadn h\u00e0nh d\u1ef1a tr\u00ean nguy\u00ean l\u00fd \u201cb\u00e1n tr\u01b0\u1edbc \u2013 mua sau\u201d. Trong m\u1ed9t giao d\u1ecbch short, nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f4ng s\u1edf h\u1eefu s\u1eb5n c\u1ed5 phi\u1ebfu m\u00e0 s\u1ebd vay ch\u00fang t\u1eeb m\u1ed9t b\u00ean trung gian (th\u01b0\u1eddng l\u00e0 c\u00f4ng ty ch\u1ee9ng kho\u00e1n) \u0111\u1ec3 b\u00e1n ra \u1edf m\u1ee9c gi\u00e1 hi\u1ec7n t\u1ea1i. Khi gi\u00e1 c\u1ed5 phi\u1ebfu gi\u1ea3m xu\u1ed1ng nh\u01b0 k\u1ef3 v\u1ecdng, nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd mua l\u1ea1i c\u00f9ng s\u1ed1 l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu \u0111\u00f3 v\u1edbi gi\u00e1 th\u1ea5p h\u01a1n v\u00e0 ho\u00e0n tr\u1ea3 cho b\u00ean cho vay. Ph\u1ea7n ch\u00eanh l\u1ec7ch gi\u1eefa gi\u00e1 b\u00e1n v\u00e0 gi\u00e1 mua l\u1ea1i l\u00e0 l\u1ee3i nhu\u1eadn.<\/p>\n

Nh\u00ecn t\u1eeb nhu c\u1ea7u tuy\u1ec3n d\u1ee5ng th\u1ef1c t\u1ebf, chuy\u00ean m\u1ee5c ng\u00e2n h\u00e0ng \/ ch\u1ee9ng kho\u00e1n tr\u00ean CareerLink hi\u1ec7n c\u00f3 kho\u1ea3ng 1295 tin tuy\u1ec3n d\u1ee5ng, m\u1ee9c l\u01b0\u01a1ng ph\u1ed5 bi\u1ebfn dao \u0111\u1ed9ng 6-100 tri\u1ec7u \u0111\u1ed3ng m\u1ed7i th\u00e1ng t\u00f9y c\u1ea5p b\u1eadc v\u00e0 kinh nghi\u1ec7m, ph\u1ea3n \u00e1nh m\u1ee9c \u0111\u1ed9 c\u1ea7n nh\u00e2n l\u1ef1c c\u1ee7a l\u0129nh v\u1ef1c n\u00e0y. B\u1ea1n c\u00f3 th\u1ec3 tham kh\u1ea3o th\u00eam vi\u1ec7c l\u00e0m ng\u00e0nh ng\u00e2n h\u00e0ng \/ ch\u1ee9ng kho\u00e1n<\/a> \u0111\u1ec3 n\u1eafm r\u00f5 y\u00eau c\u1ea7u v\u00e0 k\u1ef9 n\u0103ng nh\u00e0 tuy\u1ec3n d\u1ee5ng \u0111ang t\u00ecm ki\u1ebfm.<\/p>\n\n\n\n\n

\u0110i\u1ec3m kh\u00e1c bi\u1ec7t l\u1edbn nh\u1ea5t gi\u1eefa l\u1ec7nh short<\/strong> v\u00e0 l\u1ec7nh long<\/strong> n\u1eb1m \u1edf h\u01b0\u1edbng k\u1ef3 v\u1ecdng th\u1ecb tr\u01b0\u1eddng. V\u1edbi l\u1ec7nh long, nh\u00e0 \u0111\u1ea7u t\u01b0 k\u1ef3 v\u1ecdng gi\u00e1 s\u1ebd t\u0103ng \u0111\u1ec3 b\u00e1n ra \u1edf m\u1ee9c cao h\u01a1n trong t\u01b0\u01a1ng lai. Ng\u01b0\u1ee3c l\u1ea1i, l\u1ec7nh short ph\u1ea3n \u00e1nh ni\u1ec1m tin r\u1eb1ng gi\u00e1 s\u1ebd gi\u1ea3m, cho ph\u00e9p ki\u1ebfm l\u1eddi ngay c\u1ea3 khi th\u1ecb tr\u01b0\u1eddng \u0111i xu\u1ed1ng. Tuy nhi\u00ean, m\u1ee9c l\u1ed7 c\u1ee7a l\u1ec7nh long th\u01b0\u1eddng ch\u1ec9 gi\u1edbi h\u1ea1n \u1edf s\u1ed1 ti\u1ec1n \u0111\u1ea7u t\u01b0 ban \u0111\u1ea7u, trong khi l\u1ec7nh short c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn thua l\u1ed7 kh\u00f4ng gi\u1edbi h\u1ea1n n\u1ebfu gi\u00e1 c\u1ed5 phi\u1ebfu t\u0103ng ng\u01b0\u1ee3c k\u1ef3 v\u1ecdng.<\/p>\n\n\n\n

V\u1ec1 t\u00ednh to\u00e1n l\u1ee3i nhu\u1eadn \u2013 thua l\u1ed7 trong short selling, c\u00f4ng th\u1ee9c kh\u00e1 \u0111\u01a1n gi\u1ea3n:
L\u1ee3i nhu\u1eadn = Gi\u00e1 b\u00e1n – Gi\u00e1 mua l\u1ea1i – Ph\u00ed giao d\u1ecbch – L\u00e3i vay (n\u1ebfu c\u00f3).<\/strong>
Tuy nhi\u00ean, n\u1ebfu gi\u00e1 c\u1ed5 phi\u1ebfu t\u0103ng thay v\u00ec gi\u1ea3m, nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1eabn bu\u1ed9c ph\u1ea3i mua l\u1ea1i \u0111\u1ec3 tr\u1ea3 c\u1ed5 phi\u1ebfu \u0111\u00e3 vay, d\u1eabn \u0111\u1ebfn thua l\u1ed7.<\/p>\n\n\n\n

T\u1ea1i Vi\u1ec7t Nam, ho\u1ea1t \u0111\u1ed9ng short \u0111\u01b0\u1ee3c \u00e1p d\u1ee5ng ch\u1ee7 y\u1ebfu theo hai h\u00ecnh th\u1ee9c:<\/p>\n\n\n\n

Short trong ch\u1ee9ng kho\u00e1n ph\u00e1i sinh:<\/strong>
Nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edf v\u1ecb th\u1ebf b\u00e1n h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai v\u1edbi k\u1ef3 v\u1ecdng gi\u00e1 ch\u1ec9 s\u1ed1 ho\u1eb7c t\u00e0i s\u1ea3n c\u01a1 s\u1edf s\u1ebd gi\u1ea3m. \u0110\u00e2y l\u00e0 h\u00ecnh th\u1ee9c \u0111\u01b0\u1ee3c ph\u00e1p lu\u1eadt c\u00f4ng nh\u1eadn v\u00e0 gi\u00e1m s\u00e1t ch\u1eb7t ch\u1ebd.<\/p>\n\n\n\n

Short trong ch\u1ee9ng kho\u00e1n c\u01a1 s\u1edf:<\/strong>
H\u1ea1n ch\u1ebf h\u01a1n do t\u00ednh ph\u00e1p l\u00fd v\u00e0 r\u1ee7i ro cao. M\u1ed9t s\u1ed1 c\u00f4ng ty ch\u1ee9ng kho\u00e1n cung c\u1ea5p d\u1ecbch v\u1ee5 b\u00e1n kh\u1ed1ng c\u00f3 ki\u1ec3m so\u00e1t qua giao d\u1ecbch k\u00fd qu\u1ef9, nh\u01b0ng kh\u00f4ng ph\u1ed5 bi\u1ebfn.<\/p>\n\n\n\n

So v\u1edbi th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf, short selling t\u1ea1i Vi\u1ec7t Nam c\u00f2n kh\u00e1 h\u1ea1n ch\u1ebf v\u1ec1 quy m\u00f4 v\u00e0 c\u00f4ng c\u1ee5 h\u1ed7 tr\u1ee3. D\u00f9 v\u1eady, khi \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u00fang c\u00e1ch, \u0111\u00e2y v\u1eabn l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 chi\u1ebfn l\u01b0\u1ee3c gi\u00fap nh\u00e0 \u0111\u1ea7u t\u01b0 ph\u00f2ng v\u1ec7 r\u1ee7i ro v\u00e0 t\u00ecm ki\u1ebfm l\u1ee3i nhu\u1eadn trong xu h\u01b0\u1edbng gi\u1ea3m.<\/p>\n\n\n\n

R\u1ee7i ro, chi\u1ebfn l\u01b0\u1ee3c v\u00e0 th\u1eddi \u0111i\u1ec3m th\u1ef1c hi\u1ec7n short trong ch\u1ee9ng kho\u00e1n<\/h2>\n\n\n\n

Short trong ch\u1ee9ng kho\u00e1n l\u00e0 m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c h\u1ea5p d\u1eabn v\u00ec n\u00f3 cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 ki\u1ebfm l\u1eddi ngay c\u1ea3 khi th\u1ecb tr\u01b0\u1eddng gi\u1ea3m. Tuy nhi\u00ean, so v\u1edbi c\u00e1c giao d\u1ecbch th\u00f4ng th\u01b0\u1eddng, short ti\u1ec1m \u1ea9n r\u1ee7i ro cao h\u01a1n \u0111\u00e1ng k\u1ec3. R\u1ee7i ro l\u1edbn nh\u1ea5t l\u00e0 thua l\u1ed7 kh\u00f4ng gi\u1edbi h\u1ea1n. N\u1ebfu gi\u00e1 c\u1ed5 phi\u1ebfu kh\u00f4ng gi\u1ea3m m\u00e0 t\u0103ng ng\u01b0\u1ee3c k\u1ef3 v\u1ecdng, nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1eabn ph\u1ea3i mua l\u1ea1i c\u1ed5 phi\u1ebfu \u1edf m\u1ee9c gi\u00e1 cao h\u01a1n, khi\u1ebfn m\u1ee9c l\u1ed7 kh\u00f4ng c\u00f3 \u0111i\u1ec3m d\u1eebng. Ngo\u00e0i ra, n\u1ebfu gi\u00e1 t\u0103ng \u0111\u1ed9t bi\u1ebfn, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 b\u1ecb \u201cmargin call\u201d \u2013 t\u1ee9c b\u1ecb y\u00eau c\u1ea7u b\u1ed5 sung ti\u1ec1n k\u00fd qu\u1ef9 ho\u1eb7c bu\u1ed9c \u0111\u00f3ng v\u1ecb th\u1ebf v\u1edbi l\u1ed7 l\u1edbn.<\/p>\n\n\n\n

\u0110\u1ec3 qu\u1ea3n l\u00fd r\u1ee7i ro khi th\u1ef1c hi\u1ec7n short, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n x\u00e2y d\u1ef1ng chi\u1ebfn l\u01b0\u1ee3c r\u00f5 r\u00e0ng, bao g\u1ed3m gi\u1edbi h\u1ea1n m\u1ee9c l\u1ed7 (cut-loss), qu\u1ea3n l\u00fd t\u1ef7 l\u1ec7 \u0111\u00f2n b\u1ea9y v\u00e0 ph\u00e2n b\u1ed5 v\u1ed1n h\u1ee3p l\u00fd. Vi\u1ec7c \u0111\u1eb7t l\u1ec7nh d\u1eebng l\u1ed7 (stop-loss) gi\u00fap ki\u1ec3m so\u00e1t thi\u1ec7t h\u1ea1i trong tr\u01b0\u1eddng h\u1ee3p th\u1ecb tr\u01b0\u1eddng \u0111\u1ea3o chi\u1ec1u nhanh ch\u00f3ng. Ngo\u00e0i ra, c\u1ea7n theo d\u00f5i s\u00e1t c\u00e1c y\u1ebfu t\u1ed1 c\u01a1 b\u1ea3n v\u00e0 t\u00e2m l\u00fd th\u1ecb tr\u01b0\u1eddng, \u0111\u1eb7c bi\u1ec7t l\u00e0 khi short c\u00e1c c\u1ed5 phi\u1ebfu c\u00f3 \u0111\u1ed9 bi\u1ebfn \u0111\u1ed9ng cao ho\u1eb7c kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch th\u1ea5p.<\/p>\n\n\n\n

Kh\u00f4ng ph\u1ea3i l\u00fac n\u00e0o c\u0169ng th\u00edch h\u1ee3p \u0111\u1ec3 short. Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean ch\u1ecdn th\u1eddi \u0111i\u1ec3m khi th\u1ecb tr\u01b0\u1eddng chung \u0111ang c\u00f3 d\u1ea5u hi\u1ec7u \u0111\u1ea3o chi\u1ec1u t\u1eeb t\u0103ng sang gi\u1ea3m, ho\u1eb7c khi m\u1ed9t m\u00e3 c\u1ed5 phi\u1ebfu b\u1ecb \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao so v\u1edbi gi\u00e1 tr\u1ecb th\u1ef1c. Nh\u1eefng t\u00edn hi\u1ec7u nh\u01b0 kh\u1ed1i l\u01b0\u1ee3ng gi\u1ea3m d\u1ea7n, tin t\u1ee9c ti\u00eau c\u1ef1c, ho\u1eb7c k\u1ebft qu\u1ea3 kinh doanh y\u1ebfu h\u01a1n k\u1ef3 v\u1ecdng c\u00f3 th\u1ec3 l\u00e0 c\u01a1 s\u1edf \u0111\u1ec3 c\u00e2n nh\u1eafc m\u1edf v\u1ecb th\u1ebf short.<\/p>\n\n\n\n

B\u00ean c\u1ea1nh \u0111\u00f3, c\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt c\u0169ng \u0111\u00f3ng vai tr\u00f2 h\u1ed7 tr\u1ee3 quan tr\u1ecdng trong vi\u1ec7c x\u00e1c \u0111\u1ecbnh th\u1eddi \u0111i\u1ec3m short. M\u1ed9t s\u1ed1 ch\u1ec9 b\u00e1o ph\u1ed5 bi\u1ebfn nh\u01b0 MACD (\u0111\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng h\u1ed9i t\u1ee5 ph\u00e2n k\u1ef3)<\/strong>, RSI (ch\u1ec9 s\u1ed1 s\u1ee9c m\u1ea1nh t\u01b0\u01a1ng \u0111\u1ed1i)<\/strong> ho\u1eb7c m\u00f4 h\u00ecnh gi\u00e1 nh\u01b0 vai-\u0111\u1ea7u-vai, \u0111\u1ec9nh \u0111\u00f4i, \u0111\u1ec1u c\u00f3 th\u1ec3 gi\u00fap x\u00e1c \u0111\u1ecbnh d\u1ea5u hi\u1ec7u \u0111\u1ea3o chi\u1ec1u. Khi \u0111\u01b0\u1ee3c k\u1ebft h\u1ee3p h\u1ee3p l\u00fd v\u1edbi ph\u00e2n t\u00edch c\u01a1 b\u1ea3n v\u00e0 chi\u1ebfn l\u01b0\u1ee3c qu\u1ea3n l\u00fd r\u1ee7i ro, short trong ch\u1ee9ng kho\u00e1n s\u1ebd tr\u1edf th\u00e0nh m\u1ed9t c\u00f4ng c\u1ee5 linh ho\u1ea1t v\u00e0 hi\u1ec7u qu\u1ea3 \u0111\u1ec3 t\u1ed1i \u01b0u h\u00f3a l\u1ee3i nhu\u1eadn trong th\u1ecb tr\u01b0\u1eddng nhi\u1ec1u bi\u1ebfn \u0111\u1ed9ng.<\/p>\n\n\n\n

Quy \u0111\u1ecbnh ph\u00e1p l\u00fd v\u1ec1 short trong ch\u1ee9ng kho\u00e1n t\u1ea1i Vi\u1ec7t Nam<\/h2>\n\n\n\n

T\u1ea1i Vi\u1ec7t Nam, ho\u1ea1t \u0111\u1ed9ng short trong ch\u1ee9ng kho\u00e1n \u2013 \u0111\u1eb7c bi\u1ec7t l\u00e0 b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu tr\u00ean th\u1ecb tr\u01b0\u1eddng c\u01a1 s\u1edf \u2013 v\u1eabn c\u00f2n b\u1ecb gi\u1edbi h\u1ea1n b\u1edfi c\u00e1c quy \u0111\u1ecbnh ph\u00e1p l\u00fd nghi\u00eam ng\u1eb7t. Lu\u1eadt Ch\u1ee9ng kho\u00e1n hi\u1ec7n h\u00e0nh kh\u00f4ng cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 th\u1ef1c hi\u1ec7n b\u00e1n kh\u1ed1ng t\u1ef1 do nh\u01b0 \u1edf c\u00e1c th\u1ecb tr\u01b0\u1eddng ph\u00e1t tri\u1ec3n. \u0110i\u1ec1u n\u00e0y nh\u1eb1m h\u1ea1n ch\u1ebf r\u1ee7i ro h\u1ec7 th\u1ed1ng v\u00e0 b\u1ea3o v\u1ec7 nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb kh\u1ecfi c\u00e1c bi\u1ebfn \u0111\u1ed9ng ti\u00eau c\u1ef1c kh\u00f4ng ki\u1ec3m so\u00e1t.<\/p>\n\n\n\n

Tuy v\u1eady, m\u1ed9t s\u1ed1 h\u00ecnh th\u1ee9c short h\u1ee3p ph\u00e1p v\u1eabn \u0111\u01b0\u1ee3c tri\u1ec3n khai trong ph\u1ea1m vi ki\u1ec3m so\u00e1t. Ti\u00eau bi\u1ec3u l\u00e0 giao d\u1ecbch h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n ph\u00e1i sinh, n\u01a1i nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 m\u1edf v\u1ecb th\u1ebf b\u00e1n \u0111\u1ec3 h\u01b0\u1edfng l\u1ee3i khi ch\u1ec9 s\u1ed1 gi\u1ea3m. H\u00ecnh th\u1ee9c n\u00e0y \u0111\u01b0\u1ee3c ph\u00e1p lu\u1eadt c\u00f4ng nh\u1eadn v\u00e0 gi\u00e1m s\u00e1t b\u1edfi \u1ee6y ban Ch\u1ee9ng kho\u00e1n Nh\u00e0 n\u01b0\u1edbc.<\/p>\n\n\n\n

B\u00ean c\u1ea1nh \u0111\u00f3, m\u1ed9t s\u1ed1 c\u00f4ng ty ch\u1ee9ng kho\u00e1n c\u0169ng cung c\u1ea5p d\u1ecbch v\u1ee5 \u201cb\u00e1n kh\u1ed1ng c\u00f3 ki\u1ec3m so\u00e1t\u201d th\u00f4ng qua giao d\u1ecbch k\u00fd qu\u1ef9. Trong tr\u01b0\u1eddng h\u1ee3p n\u00e0y, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 m\u01b0\u1ee3n c\u1ed5 phi\u1ebfu t\u1eeb c\u00f4ng ty ch\u1ee9ng kho\u00e1n \u0111\u1ec3 b\u00e1n, nh\u01b0ng ph\u1ea3i tu\u00e2n th\u1ee7 c\u00e1c t\u1ef7 l\u1ec7 margin c\u1ee5 th\u1ec3 v\u00e0 n\u1eb1m trong danh m\u1ee5c \u0111\u01b0\u1ee3c ph\u00e9p giao d\u1ecbch.<\/p>\n\n\n\n

Vi\u1ec7c vi ph\u1ea1m c\u00e1c quy \u0111\u1ecbnh v\u1ec1 b\u00e1n kh\u1ed1ng c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn c\u00e1c h\u1eadu qu\u1ea3 nghi\u00eam tr\u1ecdng nh\u01b0 b\u1ecb x\u1eed ph\u1ea1t h\u00e0nh ch\u00ednh, t\u1ea1m ng\u1eebng giao d\u1ecbch ho\u1eb7c thu h\u1ed3i gi\u1ea5y ph\u00e9p ho\u1ea1t \u0111\u1ed9ng (\u0111\u1ed1i v\u1edbi t\u1ed5 ch\u1ee9c). Do \u0111\u00f3, tr\u01b0\u1edbc khi th\u1ef1c hi\u1ec7n b\u1ea5t k\u1ef3 chi\u1ebfn l\u01b0\u1ee3c short n\u00e0o, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n t\u00ecm hi\u1ec3u k\u1ef9 v\u1ec1 quy \u0111\u1ecbnh hi\u1ec7n h\u00e0nh, \u0111\u1ed3ng th\u1eddi tu\u00e2n th\u1ee7 nghi\u00eam t\u00fac c\u00e1c y\u00eau c\u1ea7u c\u1ee7a c\u01a1 quan qu\u1ea3n l\u00fd v\u00e0 \u0111\u01a1n v\u1ecb cung c\u1ea5p d\u1ecbch v\u1ee5.<\/p>\n\n\n\n

Nh\u01b0 v\u1eady, short trong ch\u1ee9ng kho\u00e1n l\u00e0 g\u00ec<\/strong> \u0111\u00e3 \u0111\u01b0\u1ee3c l\u00e0m r\u00f5 qua kh\u00e1i ni\u1ec7m, c\u01a1 ch\u1ebf v\u00e0 r\u1ee7i ro \u0111i k\u00e8m. Chi\u1ebfn l\u01b0\u1ee3c n\u00e0y cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1eadn d\u1ee5ng xu h\u01b0\u1edbng gi\u1ea3m \u0111\u1ec3 \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c v\u00e0 t\u1ed1i \u01b0u l\u1ee3i nhu\u1eadn. Tuy nhi\u00ean, m\u1ee9c thua l\u1ed7 c\u00f3 th\u1ec3 v\u01b0\u1ee3t xa d\u1ef1 t\u00ednh n\u1ebfu thi\u1ebfu bi\u1ec7n ph\u00e1p qu\u1ea3n l\u00fd r\u1ee7i ro v\u00e0 kh\u00f4ng tu\u00e2n th\u1ee7 quy \u0111\u1ecbnh ph\u00e1p l\u00fd. \u0110\u1ec3 \u00e1p d\u1ee5ng an to\u00e0n, b\u1ea1n n\u00ean nghi\u00ean c\u1ee9u k\u1ef9, \u0111\u1eb7t l\u1ec7nh d\u1eebng l\u1ed7 h\u1ee3p l\u00fd v\u00e0 lu\u00f4n c\u1eadp nh\u1eadt th\u00f4ng tin th\u1ecb tr\u01b0\u1eddng.<\/p>\n\n\n\n

Tr\u00ed Nh\u00e2n<\/strong><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Short l\u00e0 m\u1ed9t trong nh\u1eefng chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 g\u00e2y tranh c\u00e3i nh\u01b0ng c\u0169ng \u0111\u1ea7y ti\u1ec1m n\u0103ng trong th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh. V\u1edbi nh\u00e0 \u0111\u1ea7u …<\/p>\n","protected":false},"author":58,"featured_media":9812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-9811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kien-thuc-kinh-te"],"_links":{"self":[{"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/posts\/9811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/comments?post=9811"}],"version-history":[{"count":2,"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/posts\/9811\/revisions"}],"predecessor-version":[{"id":27413,"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/posts\/9811\/revisions\/27413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/media\/9812"}],"wp:attachment":[{"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/media?parent=9811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/categories?post=9811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.careerlink.vn\/cam-nang-viec-lam\/wp-json\/wp\/v2\/tags?post=9811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}