How are the rules of fund trading time stipulated? Many people who buy funds may be curious about how the time of fund trading is customized. The following are the rules of fund trading compiled by Bian Xiao, hoping to help everyone.
Fund trading rules
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 regulations 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.
How long can a fund be bought and sold?
If it is a subscription, when the fund is established, it usually has a closed period, which does not exceed 3 months at the longest. At the end of the closed period, that is, open redemption, you can "sell". If it is subscription, the fund has already opened subscription and redemption, but both subscription and redemption have a "confirmation" time. Purchase on the trading day, confirm on the next trading day, and apply for redemption on the third trading day. After redemption, it will still be confirmed on the next trading day, and then the funds will be settled and received within 1-2 trading days. What are the rules for trading funds? Buying and selling funds determines whether you can profit from fund investment. How to buy and sell correctly is also one of the compulsory courses for the growth of fund investors. There are special trading terms for the purchase and sale of subscription, subscription and redemption funds. Subscription refers to the purchase of funds during the subscription period of funds. At this time, the fund has not been formally established, and it is still the fund raising period. At this time, the price of the fund is generally 1 yuan. Subscription also refers to the purchase of funds, which occurs in the open period after the fund is formally established. Buying a fund during the opening period is called fund subscription. At this time, the price of the fund, that is, the net value of the fund, is not necessarily 1 yuan. The net value of the fund fluctuates, depending on the operation of the fund. The net value may be higher than 1 yuan, and the operation is not good, or lower than 1 yuan. The rate generated by the Fund during the subscription period is the subscription fee, which is generated during the subscription period. Generally speaking, subscription is not discounted, and most platform subscription fees will be 1 discount. Redemption refers to the sale of funds. There is a redemption fee for redeeming the fund, but the redemption fee of the fund is generally collected step by step. The longer you hold it, the lower the redemption fee, and even the redemption fee will be waived after one year.