ETF fund is an open-end index fund, also known as exchange-traded fund, which refers to an open-end fund that is listed and traded on an exchange and its fund share can be changed. So what are the trading rules and fees of ETF? What are the skills?

what are the trading rules and fees of p>ETF funds?

since ETF funds can trade both on-site and off-site, their trading rules will be different in different places.

1. trading rules of on-exchange ETFs

trading mode:

most on-exchange ETFs implement T+1 trading mode, that is, they can only be sold on the next trading day if they buy on the same day.

transaction costs:

ETF funds in the market only charge trading commissions, not transfer fees and stamp duty, and their commission rates generally do not exceed three thousandths of the transaction amount, and different securities companies may have different rates.

Price limit:

The price limit of p>ETF is 1%, and that of GEM and science and technology innovation board-related ETFs is 2%.

both trading hours are from 9: 3 am to 11: 3 am and from 13: pm to 15: pm on the trading day.

what are the skills of p>ETF trading?

1. Arbitrage

Because ETF funds can be traded both on-site and off-site, some investors will use the off-site price difference of ETFs for arbitrage.

2. Fixed investment

When investors buy ETFs, they make fixed investment operations to increase the share of positions and spread the cost of positions evenly by constantly buying in, thus dispersing and reducing investment risks.

3. Diversified investment

Although the risk of p>ETF funds is smaller than that of stocks, investors can also reduce the investment risk and reduce the loss probability by diversifying their investments in this transaction. When diversifying investment, it is not recommended to have too many investment targets, generally 3-5 are better, and too many will only increase the burden and transaction costs.