1. Deferred payment of securities trading service

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This service of VCBS allows investors to get a deferred payment of 50% of total trading value and the interest for this amount after a negotiated period of time. After that, VCBS will transfer the ownership of securities to the customers.

2. Securities Repurchase Agreement

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+ Repo: VCBS sell securities and commit to repurchase those securities from the buyer for a greater sum of cash at some later date, that greater sum being all of the cash lent and some extra cash (constituting interest, known as the repo rate).
+ Reverse Repo: It is simply a repurchase agreement as described from the buyer's viewpoint, not the seller's. That means VCBS buy securities and agrees to sell them in a certain day with a specific price. The difference between the selling and the buying price is the interest for VCBS.

3. Derivatives

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+ Futures: The transaction between VCBS and client under the future contract : a contract to buy or sell securities at a certain date in future, at a specified price and volume.
+ Call option/ Put option: The transaction in which VCBS allows client to choose the rights to buy or sell a specified volume of securities at a certain period, at a specified price.There are two kinds of option: American Option : an option that may be exercised on any trading day on or before expiration and European Option: an option that may only be exercised on a specific day.