How to buy and sell equity ETF?
Stock ETF can be bought on the stock trading software of securities companies, because ETF is an on-site fund and cannot be bought outside the securities market. Investors who want to trade equity ETFs can place orders through any securities company during the trading hours of the trading day.
ETF trading is similar to stock trading, and fund shares are bought and sold among investors. The stock ETF implements the T+ 1 settlement system, and the fund shares bought on the same day may not be sold on the same day. Investors are not allowed to withdraw funds on the trading day, but only on the next trading day.
However, it should be noted that users who want to conduct ETF transactions need to open an A-share account or a fund account. Stock ETFs, like stocks, have to pay transaction fees for buying and selling. The more you buy and sell, the higher the cost of intraday trading. Moreover, the declared quantity must reach at least 100 or its integral multiple, and all of them should be sold when selling.
As we all know, ETF is a transactional open index fund, which can be bought and sold at any time like stocks in the securities market. However, ETF redemption has a high starting point and requires specific software operations. If the redemption conditions cannot be met, investors cannot trade stock ETFs.