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

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).

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.