Current location - Trademark Inquiry Complete Network - Tian Tian Fund - What are the trading rules and fees of OTC and OTC funds?
What are the trading rules and fees of OTC and OTC funds?
On-site fund trading rules:

1, trading time

Trading time is 9: 30am-11:30am and afternoon13: 00pm-15: 00pm on the trading day, and trading is not allowed on legal holidays. In the morning session, call auction time is 9: 15-9:25, and in the late session, call auction time is 14:57- 15:00. Investors can declare or cancel the declaration between 9: 15-9:20. Between 9: 20 and 9: 25, investors can declare, but they cannot cancel the declaration; Between 14:57- 15:00, investors can declare, but they cannot cancel the declaration.

2. Purchase quantity

On-site funds bought at least 65,438+000 shares, and then bought the whole share. If the subscription quantity is less than 100 shares, it shall be sold at one time.

3. Trading method

Most of the on-site funds implement the trading mode of T+ 1 On-site funds bought by investors on the same day will not be sold until the next trading day; A small number of on-site funds implement T+0 trading, and the on-site funds bought on the same day can be sold on the same day. For example, funds that invest in the Hong Kong stock market.

4. Trading principle

On-site fund trading follows the principle of time priority and price priority. For example, if the same price is declared, the first applicant will be given priority.

5. Trade at the market price.

The price of floor funds fluctuates greatly due to market changes and is updated almost every ten seconds, so the floor funds are traded at real-time market prices.

6. Price limit

Price limit 10%, Growth Enterprise Market and science and technology innovation board ETF price limit 20%.

Charging regulations: only trading commission is charged, and the charging standard of each securities company is different.

OTC fund trading rules:

1, commission time

Take 3: 00 pm of each trading day as the node, and if it is entrusted at 3: 00 pm, it will be calculated according to the net value of the day; Entrusted after 3 pm to calculate the net value of the next trading day.

2. Purchasing unit

There is no minimum transaction unit limit, and the minimum transaction amount is different for different fund types.

3. Price limit

There is no price limit for OTC funds.

4. Trading method

Implement T+ 1 trading mode. The OTC funds bought on the same day need to be sold on the second trading day.

5. Deal with the published net value.

OTC funds are not traded in real time, and the trading price is based on the net value announced at the close of the night, and there is only one trading price every day.

Expenses: including subscription fee, redemption fee and operating fee (management fee, custody fee and sales service fee). The larger the transaction amount, the lower the subscription fee; The longer the holding time, the lower the redemption fee.