In fund trading, investors can mainly buy in two ways, one is to buy funds by pending orders; The second is to buy funds directly. The so-called fund pending orders are submitted during non-trading hours and then traded on the next trading day. Buying a fund pending order and buying a fund directly belong to two different trading methods, so there are certain differences. The following details the difference between fund pending orders and direct purchase.

What is the difference between fund pending orders and direct purchase?

1 has different meanings: a pending order for purchasing funds means that the time for investors to purchase funds is non-trading time. After submitting a pending order application, the transaction will generally be completed within the trading hours of the next trading day; Direct fund purchase refers to real-time transactions, placing orders directly at the current price, and closing the transaction immediately.

2 The cancellation situation is different: under normal circumstances, if there is no transaction on the purchase date of the fund pending order, it will be automatically cancelled. If you want to continue pending orders, you need to operate after the funds are settled; After direct fund purchase, if you want to cancel, you need to cancel the order first and then confirm the share.