Is the fund traded in real time?
On-site funds are traded in real time, while off-site funds are not traded in real time. On-market funds are just funds traded on exchanges, just like stocks. OTC funds are traded outside the exchange, such as those bought on third-party platforms and those bought on platforms such as Alipay.
The trading hours of on-site funds are the same as those of stocks. Monday to Friday 9: 30 am-165438+0: 30 pm and 1:00- 3:00 pm, which are not available outside trading hours. The trading hours of OTC funds are relatively free, and investors can make purchases outside the trading hours, but they will not be confirmed until the trading hours.
Buying funds is similar to buying stocks, but there are many differences. Buying a fund also follows the principle of price priority and time priority, but a fund has only one net value a day, which means that whether you buy it in the morning or in the afternoon, it is the same cost price, but if you buy it after 3 pm, it will be confirmed according to the price of the next trading day. Just like you buy funds online, you can trade around the clock 7*24 hours, but that's just an appointment, and you can't make a deal or confirm it until the nearest trading time.
After reading the above introduction, I believe everyone has a good understanding of whether the fund trades in real time. On-site funds are traded in real time, but the transaction price is not real-time. For example, you bought a fund on 10 in the morning, and you didn't know the cost price of buying this fund until the net value was announced that evening.