Currency ETF fund is a transactional open-end fund with currency-based assets, and its trading rules are different from those of ordinary ETF funds. The specific analysis is as follows:

Trading rules of currency ETF funds:

1, trading time

The trading hours of money ETF funds are the same as those of stocks, that is, 9: 30 am-11:30 am from Monday to Friday and 13:00- 15:00 pm. Trading is closed on weekends and legal holidays.

The trading hours of money ETF and money market are different. Money market trading hours are from 9: 00 am to 9: 30 pm 16:30 from Monday to Friday. In this way, the trading time of currency ETF is shorter.

2. Trading method

Currency ETFs are traded in the same way as ETF funds, that is, they can be traded on the stock exchange (in the open market of the exchange, according to the quotations of buyers and sellers, the trading time is from the opening to the closing of the exchange, and the trading method is similar to that of stock trading) or on the counter. Only investors need to open relevant stock accounts for on-site trading, and the price of off-site trading is determined by the relationship between market supply and demand.

3. Number of transactions

At least entrust 100 shares. For example, if the price of money ETF is 100 yuan, then at least 10000 yuan is needed to successfully participate. There is no upper limit on the trading volume of currency ETF, but traders need to pay attention to the liquidity risk of currency ETF.

4. Trading system

T+0 trading is implemented, that is, funds bought on the same day can choose to sell on the same day, and the number of operations is not limited.

5. Price limit

Implement a price limit of 10%.

Transaction costs of money ETF funds:

Since currency ETF transactions can be traded over-the-counter or over-the-counter, their handling fees are charged in different ways. Only trading commissions are charged for on-site transactions, and certain subscription fees, redemption fees and management fees are also charged for off-site transactions. Therefore, if you trade in the OTC market, the cost may be lower.

Trading commission: The trading commission is determined by the securities company, and generally does not exceed 3 ‰ of the transaction amount. Some securities companies may negotiate with brokers to reduce the transaction commission rate if there is a single transaction that is not lower than 5 yuan's requirements.