Can funds be bought and sold on the same day? This is a crucial point for beginners who have just come into contact with the fund, because they still have an anxiety in their hearts. Therefore, Bian Xiao specially arranged a question about whether the fund can buy directly on the same day, hoping to answer these people's questions.

Can the fund buy directly on the same day?

No, funds are divided into on-site funds and off-site funds. Both on-site funds and off-site funds are T+ 1 transactions. The funds on the floor need to be sold on the second trading day and traded at the real-time market price.

On the day of OTC fund subscription, the share shall be confirmed on the second trading day, and the share can be sold only after confirmation, and the transaction shall be conducted according to the net value of the fund at the close of each trading day.

What do you mean by inside the fund?

On-site funds are listed and traded on the Shanghai and Shenzhen stock exchanges. Users need to open an account with a brokerage company and have a shareholder account in order to buy shares on the Shanghai and Shenzhen stock exchanges.

Can funds be bought and sold on the same day

The same fund cannot be traded on the same day. If you bought it before 4 o'clock that day, you can't sell it after 4 o'clock that day, because the market closes at 4 o'clock that day and you can't buy or sell it after 4 o'clock.

Fund trading is a kind of circulation and transfer activity with funds as the buying and selling object and at its own risk and income.

According to whether fund units can be increased or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.

According to different investment objects, it can be divided into stock funds, bond funds, money market funds and futures funds.

Buying, including subscription, subscription, fixed investment, etc. ; Selling includes redemption, liquidation, etc.

Can I buy a fund on the day I open a fund account?

After opening an account successfully, you can only trade the next day. Before opening an account, you can make an appointment with the account manager of the brokerage firm to open an account with a low commission. Just get your ID card and a first-class bank card ready. The account opening process is as follows:

1. Get the account opening link of the corresponding brokerage account manager to register, verify my mobile phone number and upload the front and back of my ID card.

2. Fill in the personal data, and correct and improve the mistakes in time.

3. Video witness: It will enter the video witness stage, and the process will take about three minutes. Confirm identity, mobile phone number, etc. To the account holder.

4. Set a 6-digit password (this password can be modified in the trading software after opening an account).

5. Submit an account opening application, click Safe Exit, exit the system, and wait for the staff to inform the account opening result.