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In China, the Shanghai Stock Exchange and Shenzhen Stock Exchange adopt the trading mode of "T+ 1" for stock and fund trading banks, while the China stock market adopts the trading system of "T+ 1", and the stocks bought that day cannot be sold until the next trading day. T+ 1 is essentially a delivery method of securities trading, which is used for A shares, funds, bonds and repurchase transactions. It refers to the completion of the corresponding securities delivery and capital delivery on the next business day of the trading day (T+ 1) after a transaction is completed. A system established to protect the bloated body of bankers in stock trading. Another feature of this system is to stifle the flexibility of retail investors.
In other words, the stocks or funds bought by investors on the same day cannot be sold on the same day, but can only be sold after delivery and transfer the next day; Stocks or funds sold by investors on the same day will not be raised until the next day.
T+ 1 is essentially a delivery method of securities trading, which is used for A shares, funds, bonds and repurchase transactions. It refers to the completion of the corresponding securities delivery and capital delivery on the next business day of the trading day (T+ 1) after a transaction is completed.
Take A shares as an example. Suppose you bought 1 hand A shares on T day, but only registered on T day, then this 1 hand A shares have not been transferred to your account, so you can't sell them on T day. So on the day of "T+ 1", this hand of A shares has been transferred to your account, and you can choose to sell it.
China's T+ 1 system started from 1 995,65438+10,1,mainly to ensure the stability of the stock market and prevent excessive speculation, that is, the stocks bought on the same day will not be sold until the next trading day.
T+ 1 is rare in the world.