Overview of on-site fund trading On-site fund refers to the fund products listed and traded on the stock exchange, which are mainly characterized by trading fixed fund shares. Its trading rules are similar to those of stocks, but compared with stocks, on-site funds have more advantages, such as high market transparency, good liquidity and low cost. The trading rules of on-site funds are also relatively simple and clear.
Trading time: the trading time of funds in the market is generally 9: 30 am-3:00 pm on weekdays, which is the same as the trading time of stocks. At the same time, in particular, the on-site fund also has a late trading session, that is, 3:00-3:30 pm, during which the fund can be purchased and redeemed for the last time. It should be noted that the trading hours of the Fund may be adjusted due to special circumstances, and investors should pay attention to relevant announcements.
There are two ways to buy and sell on-site funds, one is real-time trading, and the other is call auction trading. Real-time trading means that investors can buy and sell at any time in the form of market price or limit order during the trading time. Call auction trading means that investors submit the fund shares and prices they want to buy and sell to the exchange through securities companies before the trading day opens, and the exchange will make centralized matching. Although the two trading methods have different characteristics, investors can choose the appropriate trading method according to their own needs and market conditions.
The transaction cost of the fund in the expense field is relatively low, which is mainly composed of transaction fees and commissions charged by the stock exchange. Among them, the transaction fee refers to the fee that investors need to pay to the exchange when trading, which is generally one tenth of the transaction amount. Consignment fee refers to the fee that investors need to pay to securities companies when purchasing funds, which generally does not exceed six ten thousandths. It should be noted that there are other expenses such as management fees and custody fees for on-site funds, and investors need to know the relevant expenses before purchasing funds.
Conclusion The trading rules of on-site funds are relatively simple. Investors only need to know the trading time, trading method and cost before they can trade funds. At the same time, investors need to pay close attention to market changes, as well as factors such as fund investment strategy and performance, and choose appropriate fund products to achieve investment goals.