The trading of closed-end funds is the same as that of stocks. Just enter the corresponding code, price and quantity in the computer and telephone trading system. After the end of the closed period, either automatic redemption liquidation, or artificial closed redemption as an open-end fund.
The advantages of transferring open-end funds from banks or fund companies to securities companies are that the redemption time is greatly shortened and there are arbitrage opportunities. The redemption time is from T+5 to T+7 in the bank channel and below T+3 in the brokerage channel, and the arbitrage operation increases by about 3 ‰ each time.