1, each purchase must be an integer multiple of 10, and when it is sold, it should be sold at one time;

2. T+0 trading, that is, the convertible bonds bought on the same day can be sold on the same day;

3. The buying and selling price should be within the price limit of convertible bonds on that day, otherwise the order is invalid, and the price limit of convertible bonds on that day is 57.3% and 43.3%;

4. The call auction time of Shanghai convertible bonds is 9: 15-9:25, and the continuous bidding time of Shenzhen convertible bonds is 9: 30-1:30, 13:00- 15:00. 9:30- 1 1:30, 13:00- 14:57 is the continuous bidding time, and 14:57- 15:00 is the call auction time;

5. If the intraday trading price rises or falls for the first time by more than 20% of the issue price, the trading will be suspended temporarily for 30 minutes; If the intraday transaction price rises or falls by 30% or more than the issue price for the first time, the temporary suspension will last until that day 14:57. If the temporary suspension time exceeds 14:57, the trading will resume on the same day 14:57. During the suspension period, investors cannot buy or sell convertible bonds.

6. Convertible bonds also follow the trading principle of time priority and price priority;

7. Convertible bonds only charge commission, not stamp duty, and the commission rate of different securities companies is different;

8. The trading of convertible bonds is the same as that of stocks. Click buy or sell, enter the code, quantity and price, and entrust the order.

9. When the positive share price of convertible bonds of listed companies is higher than 130% of the conversion price for 15-20 consecutive days, or the positive share price is lower than 70%-80% of the conversion price for about 30 consecutive days, listed companies will forcibly redeem convertible bonds.

10. Investors newly added after the new regulations need to open convertible bonds, and the opening authority needs to meet the conditions of two years of trading experience +65438+ assets of one million yuan.

Transaction cost of convertible bonds

Shenzhen Stock Exchange: Investors should pay commissions to brokers, and the standard is 2‰ of the total turnover. If the commission is less than that in 5 yuan, it will be charged in 5 yuan. Shanghai Stock Exchange: Investors entrust securities companies to buy and sell convertible corporate bonds. The handling fee for each transaction in Shanghai is RMB 65,438+0 yuan, and the handling fee for each transaction in other places is 3 yuan. The entrustment of the transaction requires investment.

Brokers and securities account managers can negotiate a lower commission, but generally there is a capital requirement, that is, your large transaction volume can make the company charge less.