How to buy and sell money funds in the market? What is the transaction cost of the funds on the floor? How to calculate?
What is on-site fund trading?
On-site trading, also known as exchange trading, refers to the trading mode in which all supply and demand sides concentrate on the exchange for bidding trading. OTC is also called OTC or OTC market. Securities are not traded by competitive bidding in the centralized market, but by bargaining at the business counter of securities companies, which is called OTC trading.
What are the on-site open-end funds?
* Information is incomplete and is for reference only.
Matters needing attention in on-site fund trading:
Generally speaking, open-end funds need to pay subscription fees and redemption fees, while on-site funds only need to pay brokerage commissions. The brokerage commission rate of LOF and ETF is one thousandth. For small and medium investors, buying LOF and ETF funds in the secondary market is a very good investment strategy. After the secondary market is sold, the funds will reach T+ 1, and it will take more than T+3 to redeem the funds. There may be some differences in specific funds
What investors should pay attention to is that if they buy fund shares at designated outlets and want to sell them online, they need to go through certain transfer custody procedures. or vice versa, Dallas to the auditorium