Fund on-site purchase refers to purchasing funds through the securities company’s trading software after opening an account with a securities company.
Steps for purchasing funds on the exchange: To purchase funds on the exchange, you must first go to the securities company to consult on relevant matters, learn about the banks that have cooperative relationships with the securities companies and are connected to the Internet, and then bring your ID card to this bank to apply for a bank card and open a bank-securities transfer.
, deposit cash.
Then bring your ID card to the stock exchange to open a shareholder account and capital account (also known as a margin account), sign an entrustment agreement, obtain shareholder seats in the Shanghai and Shenzhen stock exchanges, and obtain relevant passwords and information.
After that, you can buy the fund on the exchange.
If you sign an online trading entrustment with a securities company after opening an account, you can also download the stock trading software designated by the securities company that opened the account on your home computer and buy and sell funds on your home computer.
The operation method of on-site funds: The trading method of on-site funds is the same as that of stocks. They can be purchased at any time and traded in real time. The transaction price is bid by buyers and sellers and is traded according to the market price. There are five prices for each of the listed buying and selling prices.
If the price quoted by the participating traders is the same as the seller's bid, the transaction will be completed. If you want the transaction to be completed immediately, just quote Sell 1. You can also quote a lower price, but you have to wait. If the price reaches your price, the transaction will be completed.
If it cannot reach your price, the transaction cannot be completed.
Extended information: The market is the stock market, which is what everyone calls the secondary market.
OTC refers to outside the stock trading market, which is the consignment sales of banks and securities companies, and the direct sales method of fund companies, which are the familiar open-end fund sales channels.
Closed-end funds and ETF funds can only be purchased on the exchange (for large investors, ETFs can be purchased in the "primary" market), that is, they can only be purchased in the stock market.
Other open-end funds can be purchased over-the-counter, in a well-known way, and LOF funds can be purchased on-site.