2. It can be seen that the fund's opening and closing places are all funds traded on the floor. Such funds include closed-end funds, LOF funds and ETF funds. These funds, like stock trading, are real-time price comparison transactions. This is different from the general open-end fund trading model. The general open-end fund transactions are over-the-counter transactions, which do not need to be traded at real-time prices, but at the daily net value of the fund.