1, different transaction objects.

Fund redemption is a transaction between investors and fund companies; Fund sales are transactions between investors and have nothing to do with fund companies.

2. trading places is different

Fund redemption is generally used for over-the-counter fund transactions, such as trading money funds and bond funds; Fund selling is generally used for on-site fund transactions, such as ETF funds and closed-end funds.

3. No transaction price is required.

The redemption price of the fund is settled according to the net value of the fund after the close of the day; Fund selling depends on the transfer market, similar to stock trading.