Currently, the types of funds that can be traded on T+0 are as follows:

Bond exchange-traded open-end index funds;

Gold exchange-traded open-end securities investment funds;

< p>Cross-border traded or listed open-end index funds;

Exchanged money market funds (currency ETF funds)

: What does etf T+0 mean?

1. ETF:

Etf refers to a traded open-end index fund, also commonly known as Exchange Traded Funds ("ETF" for short). An open-end fund that is listed and traded on an exchange and has variable fund shares.

Traded open-end index funds are a special type of open-end funds. They combine the operating characteristics of closed-end funds and open-end funds. Investors can subscribe or redeem funds from fund management companies. At the same time, ETF shares can be bought and sold in the secondary market at market prices like closed-end funds. However, subscription and redemption must be in exchange for a basket of stocks for fund shares or for fund shares to be exchanged for a basket of stocks. Due to the simultaneous existence of securities market transactions and subscription and redemption mechanisms, investors can conduct arbitrage transactions when there is a difference between the ETF market price and the net value of the fund unit. The existence of the arbitrage mechanism enables ETFs to avoid the discount problem common to closed-end funds.

2. T+0:

T+0 refers to a securities (or futures) trading system. Any trading system in which securities (or futures) and price clearing and delivery procedures are completed on the day the securities (or futures) are traded is called T+0 trading. In layman's terms, securities (or futures) bought on the same day can be sold on the same day.

T+0 trading has been implemented in China's securities market. Because it is too speculative, in order to ensure the stability of the securities market, my country's Shanghai Stock Exchange and Shenzhen Stock Exchange now regulate stock and fund transactions. Implement the "T+1" trading method. To put it simply, what you buy on the same day cannot be sold until the next trading day. At the same time, "T+0" is still implemented for funds, that is, the funds withdrawn on the same day can be used immediately. The Shanghai Futures Exchange implements a "T+0" trading method for steel futures trading.

At present, my country's stock market implements a T+1 clearing system, while the futures market implements a T+0.