What is the time law of fund trading? What rules do we need to follow? What is the point that needs careful attention? Which fund budding newcomers must know! The following are the time rules for trading funds compiled by Bian Xiao, hoping to help everyone.

Time law of fund trading

Fund trading hours: Monday to Friday, 9: 30am-1:30am, and afternoon13: 00pm-15: 00pm. Saturday, Sunday and national holidays are non-trading days of the fund, and no transaction will generate income, except for monetary funds.

Relevant provisions on fund trading hours:

1 Buy before 3pm on the trading day, calculated according to the net value of the day; For purchases made after 3 pm on the trading day, the net value of the next trading day (T+ 1) shall be adopted.

2 If the fund is purchased or redeemed before 3pm on the trading day, it will be counted as the transaction of the day, which will be confirmed on the next trading day (T+ 1) and the profit and loss will be checked on the next trading day (T+2).

3 The fund subscription or redemption after 3: 00 p.m. on a trading day is counted as a transaction on the next trading day (T+ 1), which is confirmed on the next trading day (T+2), and then the profit and loss can be checked on the next trading day (T+3).

Do not trade funds on weekends. Although the fund can trade 7x24 hours a day, it is only an appointment, and the transaction can be confirmed at the latest trading time.

Is there a time limit for fund trading?

Fund trading can be done at any time, as long as it is a working day, there is no limit.

It's just that the net worth calculation is different. Transactions before 15:00 on that day shall be calculated according to the net value of that day. If it is after 15:00, the rest day will be postponed to Monday according to the net value of the next day.

In addition, try not to trade between 14:30- 15:00, because the network is crowded at this time, and the transaction may not be completed, resulting in unnecessary losses.

When does the fund trading start?

The trading of funds needs to follow certain trading rules.

The purchase and sale of funds are calculated by share, and there will be a starting purchase amount, which is generally 100 yuan.

If the net value of the fund is 2 yuan at this time, then buying 100 yuan means buying 50 fund shares.

Many funds started with the fixed investment of 10 yuan.

If the subscription of the Fund is submitted on T day, the share will be confirmed on T+ 1 day.

T+ 1 update the net value at night to see the profit and loss, and the fund has only one net value every day.

Therefore, as long as you submit it before 3 pm that day, your purchase price is calculated according to the updated price of the net value that night.

If it is submitted after 3 o'clock, it will be postponed to the next trading day.

The sale of the fund is also submitted on T day, and T+ 1 confirms the share, but the time for the fund to arrive at the bank card will vary according to different trading channels. For example, the daily funds arrive at the bank card on T+4.

The redemption time of money funds will be faster. Generally, T+ 1 can get the bank card.

Moreover, the CSRC stipulates that those who hold it for less than 7 days will be charged a redemption fee of 1.5%, except for monetary funds.

It is also to encourage investors to make long-term investments.