ETF means transactional open index fund. Through ETF, investors can invest in the index, thus avoiding the step of selecting individual stocks and reducing the risk of stock fluctuation. So what are the trading rules of ETF funds?

what are the trading rules of p>ETF funds?

1 subscription and redemption: the minimum subscription and redemption unit is generally 5, shares or 1 million shares. Share subscription and share redemption are adopted. Investors need to use a basket of stocks to purchase, and after redemption, they will also get a basket of stocks.

2 trading rules in the secondary market: you need to use a stock account for trading; Implement the trading system of T+1; The price limit is 1%; The minimum buying unit is 1 lot, and 1 lot is 1 copies; The minimum change unit of ETF price declaration is .1 yuan.

in fact, most investors only trade in the secondary market, and few of them involve subscription and redemption. When trading in the secondary market, the advantage of ETF is that it can realize the investment in the index and reduce the influence of individual stock fluctuation.