Funds are divided into on-site funds and off-site funds. On-site funds, like stocks, are traded on the stock exchange, with T+ 1 trading rules and real-time trading at market prices. On-site funds need to open an on-site fund account.

OTC fund trading is different from stock trading. OTC funds are usually traded on the fund sales platform, not on the stock exchange. The fund trades at the net value at the close of the trading day, and the fund subscribed on the same day needs to confirm the fund share on the second trading day.