{"id":30682,"date":"2023-12-07T09:43:20","date_gmt":"2023-12-07T09:43:20","guid":{"rendered":"https:\/\/masterskills.org\/blog\/phi-thanh-toan-bu-tru-clearing-fee-la-gi-dac-diem-phi-thanh-toan-bu-tru.html"},"modified":"2023-12-23T06:14:11","modified_gmt":"2023-12-22T23:14:11","slug":"phi-thanh-toan-bu-tru-clearing-fee-la-gi-dac-diem-phi-thanh-toan-bu-tru","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/phi-thanh-toan-bu-tru-clearing-fee-la-gi-dac-diem-phi-thanh-toan-bu-tru.html","title":{"rendered":"Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb (Clearing Fee) l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb"},"content":{"rendered":"<div class=\"vnbcbc-body vceditor-content wi-active\" data-role=\"content\">\n<figure class=\"VCSortableInPreviewMode\" type=\"Photo\" style=\"\">\n<div><\/div><figcaption class=\"PhotoCMS_Caption\">\n<p data-placeholder=\"[nh\u1eadp ch\u00fa th\u00edch]\">Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Euronext.com<\/p>\n<\/figcaption><\/figure>\n<h2><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb<\/font><\/h2>\n<p><b>Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n<p><b>Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb<\/b> trong ti\u00ea\u0301ng Anh la\u0300 <b>Clearing Fee.<\/b><\/p>\n<p><b>Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb<\/b> l\u00e0 m\u1ed9t kho\u1ea3n ph\u00ed \u0111\u01b0\u1ee3c thu trong c\u00e1c giao d\u1ecbch ch\u1ee9ng kho\u00e1n b\u1edfi m\u1ed9t <span>trung t\u00e2m thanh to\u00e1n b\u00f9 tr\u1eeb<\/span> \u0111\u1ec3 ho\u00e0n th\u00e0nh c\u00e1c giao d\u1ecbch s\u1eed d\u1ee5ng c\u00e1c ngu\u1ed3n l\u1ef1c ri\u00eang c\u1ee7a c\u01a1 quan n\u00e0y.\u00a0<\/p>\n<p>Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb th\u01b0\u1eddng c\u00f3 trong c\u00e1c giao d\u1ecbch h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai, bao g\u1ed3m t\u1ea5t c\u1ea3 c\u00e1c h\u00e0nh \u0111\u1ed9ng k\u1ec3 t\u1eeb khi cam k\u1ebft \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n cho \u0111\u1ebfn khi giao d\u1ecbch \u0111\u01b0\u1ee3c gi\u1ea3i quy\u1ebft xong.\u00a0<\/p>\n<p><i>Ph\u00ed giao d\u1ecbch th\u01b0\u1eddng bao h\u00e0m ph\u00ed m\u00f4i gi\u1edbi v\u00e0 ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb, nh\u01b0ng hi\u1ebfm khi bao h\u00e0m ph\u00ed chuy\u1ec3n giao t\u00e0i s\u1ea3n, v\u00ec y\u00eau c\u1ea7u chuy\u1ec3n giao t\u00e0i s\u1ea3n c\u01a1 s\u1edf trong h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai l\u00e0 t\u01b0\u01a1ng \u0111\u1ed1i \u00edt.\u00a0<\/i><\/p>\n<p>Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb th\u1ef1c t\u1ebf c\u00f3 th\u1ec3 thay \u0111\u1ed5i v\u00ec n\u00f3 d\u1ef1a tr\u00ean lo\u1ea1i h\u00ecnh giao d\u1ecbch v\u00e0 qui m\u00f4 giao d\u1ecbch.\u00a0<\/p>\n<p>C\u00e1c kho\u1ea3n ph\u00ed \u0111\u01b0\u1ee3c chuy\u1ec3n cho c\u00e1c nh\u00e0 m\u00f4i gi\u1edbi th\u00f4ng qua c\u00e1c s\u00e0n giao d\u1ecbch n\u01a1i giao d\u1ecbch \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n.\u00a0<\/p>\n<h3><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">\u0110\u1eb7c \u0111i\u1ec3m Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb\u00a0<\/font><\/h3>\n<p><span>Trung t\u00e2m thanh to\u00e1n b\u00f9 tr\u1eeb<\/span> s\u1ebd ho\u1ea1t \u0111\u1ed9ng nh\u01b0 m\u1ed9t b\u00ean th\u1ee9 ba cho giao d\u1ecbch v\u00e0 thu m\u1ed9t kho\u1ea3n ph\u00ed \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 <b>ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb<\/b>.\u00a0<\/p>\n<p><span>Trung t\u00e2m thanh to\u00e1n b\u00f9 tr\u1eeb<\/span> nh\u1eadn ti\u1ec1n m\u1eb7t t\u1eeb ng\u01b0\u1eddi mua v\u00e0 nh\u1eadn ch\u1ee9ng kho\u00e1n ho\u1eb7c h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai t\u1eeb ng\u01b0\u1eddi b\u00e1n.   Hay, <span>trung t\u00e2m thanh to\u00e1n b\u00f9 tr\u1eeb<\/span> qu\u1ea3n l\u00ed vi\u1ec7c trao \u0111\u1ed5i gi\u1eefa b\u00ean mua v\u00e0 b\u00ean b\u00e1n, \u0111\u1ed5i l\u1ea1i h\u1ecd thu m\u1ed9t kho\u1ea3n ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb.\u00a0<\/p>\n<p><i>S\u1ef1 t\u1ed3n t\u1ea1i c\u1ee7a <span>trung t\u00e2m thanh to\u00e1n b\u00f9 tr\u1eeb<\/span> \u0111\u00f3ng vai tr\u00f2 gi\u00fap c\u00e1c nh\u00e0 giao d\u1ecbch v\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 an t\u00e2m r\u1eb1ng ph\u00eda b\u00ean kia c\u1ee7a h\u1ee3p \u0111\u1ed3ng giao d\u1ecbch s\u1ebd kh\u00f4ng th\u1ec3 g\u00e2y \u1ea3nh h\u01b0\u1edfng l\u00ean c\u00e1c \u0111i\u1ec1u kho\u1ea3n giao d\u1ecbch c\u1ee7a h\u1ee3p \u0111\u1ed3ng b\u1eb1ng c\u00e1ch h\u00e0nh \u0111\u1ed9ng thi\u1ebfu minh b\u1ea1ch.  \u00a0\u00a0<\/i><\/p>\n<p>Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb l\u00e0 m\u1ed9t chi ph\u00ed bi\u1ebfn \u0111\u1ed5i (hay kh\u1ea3 bi\u1ebfn) do n\u00f3 ph\u1ee5 thu\u1ed9c v\u00e0o qui m\u00f4 giao d\u1ecbch, m\u1ee9c \u0111\u1ed9 d\u1ecbch v\u1ee5 c\u1ea7n thi\u1ebft hay lo\u1ea1i c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh \u0111\u01b0\u1ee3c giao d\u1ecbch.\u00a0<\/p>\n<p>Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 th\u1ef1c hi\u1ec7n nhi\u1ec1u giao d\u1ecbch trong ng\u00e0y c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t con s\u1ed1 \u0111\u00e1ng k\u1ec3.\u00a0<\/p>\n<p><i>Trong tr\u01b0\u1eddng h\u1ee3p hai b\u00ean giao d\u1ecbch h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai, ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c t\u00edch l\u0169y cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 th\u1ef1c hi\u1ec7n nhi\u1ec1u giao d\u1ecbch trong m\u1ed9t ng\u00e0y do v\u1ecb th\u1ebf mua d\u00e0n tr\u1ea3i ph\u00ed trong m\u1ed9t kho\u1ea3ng th\u1eddi gian d\u00e0i h\u01a1n.  \u00a0 \u00a0<\/i><\/p>\n<h3><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">T\u1ea7m quan tr\u1ecdng c\u1ee7a Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb<\/font><\/h3>\n<p><span>Trung t\u00e2m thanh to\u00e1n b\u00f9 tr\u1eeb<\/span> \u0111\u00f3ng vai tr\u00f2 trung gian trong c\u00e1c giao d\u1ecbch \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o kho\u1ea3n thanh to\u00e1n v\u1eabn di\u1ec5n ra trong tr\u01b0\u1eddng h\u1ee3p m\u1ed9t trong hai b\u00ean tham gia h\u1ee3p \u0111\u1ed3ng v\u1ee1 n\u1ee3 giao d\u1ecbch v\u00e0 kh\u00f4ng th\u1ec3 \u0111\u00e1p \u1ee9ng c\u00e1c ngh\u0129a v\u1ee5 h\u1ee3p \u0111\u1ed3ng c\u1ee7a giao d\u1ecbch.\u00a0<\/p>\n<p>C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 nh\u00e0 giao d\u1ecbch tr\u1ea3<b> ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb<\/b> \u0111\u1ec3 s\u1eed d\u1ee5ng c\u00f4ng ngh\u1ec7, k\u1ebf to\u00e1n, l\u01b0u tr\u1eef h\u1ed3 s\u01a1, r\u1ee7i ro \u0111\u1ed1i t\u00e1c gi\u1ea3 \u0111\u1ecbnh v\u00e0 thanh kho\u1ea3n c\u1ee7a <span>trung t\u00e2m thanh to\u00e1n b\u00f9 tr\u1eeb<\/span>.<\/p>\n<p><span>trung t\u00e2m thanh to\u00e1n b\u00f9 tr\u1eeb<\/span> gi\u1eef cho th\u1ecb tr\u01b0\u1eddng hi\u1ec7u qu\u1ea3 v\u00e0 khuy\u1ebfn kh\u00edch nhi\u1ec1u ng\u01b0\u1eddi tham gia v\u00e0o th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n h\u01a1n.   R\u1ee7i ro \u0111\u1ed1i t\u00e1c v\u00e0 r\u1ee7i ro tr\u01b0\u1edbc thanh to\u00e1n (pre-settlement risk) th\u01b0\u1eddng \u0111\u01b0\u1ee3c c\u00e1c c\u01a1 quan n\u00e0y ch\u1ea5p nh\u1eadn v\u00ec vai tr\u00f2 thanh to\u00e1n b\u00f9 tr\u1eeb c\u1ee7a h\u1ecd.  \u00a0\u00a0<\/p>\n<p><span>trung t\u00e2m thanh to\u00e1n b\u00f9 tr\u1eeb<\/span> ph\u1ea3i ch\u1ecbu s\u1ef1 gi\u00e1m s\u00e1t ch\u1eb7t ch\u1ebd t\u1eeb c\u00e1c c\u01a1 quan qu\u1ea3n l\u00ed.<\/p>\n<p>V\u00ed d\u1ee5 nh\u01b0 \u1edf M\u1ef9, \u1ee6y ban giao d\u1ecbch h\u00e0ng h\u00f3a t\u01b0\u01a1ng lai (CFTC) l\u00e0 c\u01a1 quan qu\u1ea3n l\u00ed h\u1ec7 th\u1ed1ng thanh to\u00e1n b\u00f9 tr\u1eeb.\u00a0<\/p>\n<p><i>V\u00e0o cu\u1ed1i , ba nh\u00e0 thanh to\u00e1n b\u00f9 tr\u1eeb l\u1edbn c\u1ee7a M\u1ef9 \u0111\u00e3 v\u01b0\u1ee3t qua c\u00e1c \u0111\u1ee3t ki\u1ec3m tra thanh kho\u1ea3n c\u0103ng th\u1eb3ng v\u00e0 ch\u1ee9ng minh h\u1ecd c\u00f3 th\u1ec3 duy tr\u00ec \u0111\u1ee7 thanh kho\u1ea3n \u0111\u1ec3 gi\u1ea3i quy\u1ebft c\u00e1c ngh\u0129a v\u1ee5 k\u1ecbp th\u1eddi ngay c\u1ea3 khi hai th\u00e0nh vi\u00ean l\u1edbn nh\u1ea5t c\u1ee7a h\u1ecd (ng\u00e2n h\u00e0ng v\u00e0 \u0111\u1ea1i l\u00ed m\u00f4i gi\u1edbi) v\u1ee1 n\u1ee3.  \u00a0 <\/i><\/p>\n<p>(Theo <i>Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"vnbcbc-sapo\" data-role=\"sapo\">\n                            Ph\u00ed thanh to\u00e1n b\u00f9 tr\u1eeb (ti\u1ebfng Anh: Clearing Fee) l\u00e0 m\u1ed9t kho\u1ea3n ph\u00ed \u0111\u01b0\u1ee3c thu trong c\u00e1c giao d\u1ecbch ch\u1ee9ng kho\u00e1n b\u1edfi m\u1ed9t t\u1ed5 ch\u1ee9c thanh to\u00e1n b\u00f9 tr\u1eeb \u0111\u1ec3 ho\u00e0n th\u00e0nh c\u00e1c giao d\u1ecbch s\u1eed d\u1ee5ng c\u00e1c ngu\u1ed3n l\u1ef1c ri\u00eang c\u1ee7a c\u01a1 quan n\u00e0y.\n                        <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30682"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=30682"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30682\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}