What are the rules for cross-border etf transactions?
1 subscription channel: domestic investors can only obtain cross-border etf shares through OTC subscription or secondary market subscription.
2 trading method: trading cross-border etf shares in the secondary market can be t+0. Simply put, the fund shares bought on T day can be sold on the same day (t+0).
Trading time: redemption transactions are generally arranged at the same time in domestic and overseas stock exchanges, and trading transactions are generally arranged at the trading time in domestic stock exchanges.
4 subscription and redemption: cross-border etfF subscription on T day, fund share is confirmed at the end of t+ 1 day, and it can be sold or redeemed on t+2 day.
5. Arrival time of redemption funds: the fund share redeemed on the same day will be transferred to the investor's account in the form of funds within t+ 10.
What are the advantages of cross-border ETFs?
1 asset liquidity transparency: the investment targets of cross-border ETFs are major global market indexes, with high information disclosure frequency, complete content and strong timeliness, and low liquidity risk in global financial markets.
2 Better risk diversification: Investors can reduce the systemic risk caused by concentrated investment in assets of a country or region through global asset allocation.
Investment is more convenient: you can invest in overseas assets without opening an overseas account.
4 The trading mechanism is more flexible: Different from traditional domestic stock or equity ETFs, cross-border ETFs can realize t+0 trading.
The above are some contents of cross-border etf, so you can pay attention to them.