How to buy and sell money funds?
Users who want to buy and sell money funds can directly handle the trading business through fund companies, securities companies, WeChat, fund consignment agencies, banks, Alipay and other channels. Money funds are relatively flexible after buying, and the funds usually arrive in 2-3 trading days when they are withdrawn.
Moreover, the money fund is handled in accordance with the trading rules of T-day buying and T+ 1 day confirming the share. Under normal circumstances, the fund will buy shares at T+ 1 and start to calculate the income, and it can be sold on T+2.
It didn't sell on Thursday because it was redeemed after 3 pm on Thursday, and it can't be confirmed until Friday, but it will stop on Friday and the money fund will arrive on Monday, so there will be no interest on Friday, Saturday and Sunday.
Therefore, when trading, observe the principle of not selling on Thursday and not buying on Friday, and generally do not operate after 3 pm. If you buy a fund after 15:00 on the same day, the trading day will be postponed to the next day, which has the same effect as buying before 15:00 on the next day.
To sum up, money funds can be bought and sold through fund companies or fund consignment agencies. In addition, users need to understand that fund trading has its trading rules. The monetary fund shall be handled according to the trading rules of buying on T day and confirming the share on T+ 1 day.