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Why are fund price limits different?

The reason why the fund's price limit is different is because the trading rules stipulated by the exchange are different. Currently, only exchange-traded funds have a rise and fall limit. The rise and fall limit of ordinary exchange-traded funds is 10%, while the exchange-traded funds related to GEM and Science and Technology Innovation Board have a limit of 10%.

The fund's price limit is 20%.

OTC fund trading rules: implement T+1 trading, buy on the same day, and confirm the share on the second trading day. Each transaction is completed according to the net value at the closing time. There is no price limit, no minimum trading unit, and a minimum

Transaction amount (different for each fund).

On-site fund trading rules: T+1 trading is implemented. Buying on the same day can only be sold on the second trading day (excluding cross-border ETFs, bond ETFs, currency fund ETFs, and gold ETFs, T+0 trading is implemented). According to market real-time

Transactions are based on price and follow the principles of price priority and time priority. The increase or decrease is limited to 10% (the increase or decrease of ETF funds related to GEM and Science and Technology Innovation Board is limited to 20%), and each transaction unit is 100 units.