ETFs that can be traded on the same day include gold ETFs, cross-border ETFs, currency ETFs and bond ETFs.

ETF trading can adopt T+0 fast trading mode-buy on the same day (some can be sold on the same day) and redeem on the same day. The commission of ETF floor trading is the same as that of ordinary stock trading, which does not exceed three thousandths of the transaction amount and does not charge stamp duty. The most special thing is that the fund shares are redeemed through share subscription and share redemption with the consideration of portfolio securities or cash. In other words, the purchase and redemption can use portfolio securities, that is, one hand pays ETF shares and one hand pays a basket of securities.

ETF allows investors to keep buying and redeeming. Trading at any time is convenient and fast, and it is proposed that open-end funds can only be opened once a day, with only one trading opportunity. ETF redemption is the delivery of a basket of stocks, without retaining cash, which is convenient for managers to operate and can improve the management efficiency of fund investment. The fixed investment of the fund is based on years, which may lead to short-term losses. As long as we look at the long-term returns, ETF fund trading is similar to stock trading, either trend trading or waiting for a good market. It is not appropriate to disperse the fixed investment and concentrate on one or two.

Etfs can be traded in very small fund units. Similar to closed-end, they can be listed and traded like stocks, and the number of transactions is not limited.

: the difference between ETF and stock

In terms of trading methods, ETFs are exactly the same as stocks. As long as investors have a securities account, they can buy and sell ETFs at any time, and the transaction price changes in real time according to the market price, which is quite convenient and highly liquid.

Compared with direct investment in stocks, ETF has the following advantages:

1 Like closed-end funds, there is no stamp duty.

2. Buying an ETF is equivalent to buying an index portfolio. For example, the price trend of ETFs with the above-mentioned SSE 50 index should be consistent with the SSE 50 index, so buying SSE 50 index ETFs is equivalent to buying 50 blue-chip stocks, which can achieve the effect of diversifying risks for small and medium-sized investors.

3. In terms of portfolio transparency, the SSE 50 Index is compiled by authoritative organizations, and the composition of the ETF corresponding to the SSE 50 Index is quite transparent. Investors can directly invest in an ETF instead of investing in a basket of stocks.

In addition to normal market transactions, investors can also choose to purchase and redeem ETFs.