For purchases made before 3 pm on the trading day, the closing net value of that day shall prevail, and the fund shares purchased shall be confirmed on the second trading day. At the time of settlement, if it is sold before 3: 00 pm on the trading day, it will be settled with the closing net value of that day, and if it is sold after 3: 00 pm on the trading day, it will be settled with the closing net value of the second trading day.

How is the confirmation time of fund trading share stipulated respectively?

Trading funds outside the stock exchange is an over-the-counter transaction. For example, you buy funds in Alipay and Tian Tian Fund Network. Buying funds over the counter corresponds to subscription, and selling funds corresponds to redemption. Whether it is subscription or redemption, it is traded according to the net value of the fund unit, and there is only one price every day. The key is to understand the trading rules of funds according to when the net value of funds is traded and when the shares are confirmed.

1. trading day 15 is an important time for fund trading.

What is a trading day?

The trading day is the opening time of A shares, which is often referred to as the opening of casinos. A shares are closed on weekends and holidays and do not trade. The trading day is represented by the technical term "T day".

Trading applications submitted before the trading day 15 are based on the net value of the day. No matter whether your trading application is submitted at 8: 00 am or 2: 30 pm on February 23, 65438, you will trade according to the net value of the fund on February 23. However, if the transaction application is submitted after 15, the transaction will be made according to the net value of the next trading day (65438+February 24th).

So, if you see the market plummeting today and want to increase your position, remember to submit a buying application before 15. Although the application for fund trading can be submitted on weekends and holidays, if the transaction is not completed, it needs to be postponed to the next trading day. Therefore, it is not recommended to buy funds when the market is closed on weekends and holidays, which will occupy your funds in vain.

Second, different fund share confirmation rules are different.

At present, the subscription and sales of most funds in the market are confirmed on T+ 1 day, and a few QDII funds investing in Hong Kong stocks and overseas markets are confirmed on T+2.