Off-exchange fund transfer refers to the transfer of funds purchased off-exchange into on-exchange transactions.

So, you have to know what is "inside" and what is "outside".

The "field" here actually refers to the securities trading market. As the name implies, "on-site" is inside the securities trading market and "off-site" is outside the securities trading market.

For example, buying funds through Alipay, banks, brokers and other fund sales channels or fund companies' direct sales channels is an over-the-counter transaction. Buying and selling stocks through the platform of securities companies is an on-site transaction.

Therefore, in the transfer of funds in different places, you can simply understand that the funds purchased in Alipay, banks and other consignment channels or fund companies' direct sales channels are transferred to the stock market and traded like stocks.

Why should I transfer to the stadium?

Off-exchange funds can generally be purchased and redeemed, but they cannot be traded, which affects the flexibility of investment, while on-exchange funds can be traded at any time during trading hours, which is more liquid.

In other words, if an OTC fund is still closed, you can't purchase or redeem it, but you want to buy or sell it for some reason (for example, you are in a hurry to use money and want to take it out; Or if you have some spare money and feel that this fund is very good and you want to invest more), then the role of transfer in different places will appear at this time.

For example, this ant innovation fund is closed for 18 months and cannot be purchased and redeemed off-site.