What does T+0 mean?
One of the characteristics of T+0 trading is two-way trading, which means buying and selling. Generally speaking, the securities (or futures) bought that day can be sold that day.
T+0 is a widely used securities (or futures) trading system in the world.
On the day when securities (or futures) are traded, the trading system that handles the settlement and delivery procedures of securities (or futures) and prices is called T+0 trading.
Characteristics of "T+0"
1, trading mode, two-way trading, buy up and buy down, buy now and sell now.
2, short-term speculation, stock operation 15 minutes after the liquidation.
3. Speculation is enhanced and speculative opportunities are increased, which is suitable for the operation mode of short-term speculators.
4. The increase of investors' transaction times and transaction costs will lead to the increase of transaction costs, thus increasing the speculative risk.
At present, the "T+0" trading system is implemented for government bonds, corporate bonds, convertible bonds and warrants in China Shanghai and Shenzhen Stock Exchanges. Both A-shares and funds implement the trading system of "T+ 1".