What are the trading rules and fees of ETF funds?
Since ETF funds can be traded both on-site and off-site, the trading rules in different places will be different.
1, exchange ETF trading rules
Transaction method:
Most ETFs in the market adopt T+ 1 trading mode, that is, they can buy on the same day and sell on the second trading day.
Transaction costs:
On-site ETF funds only charge trading commission, and do not charge transfer fees and stamp duty. Generally, the commission rate does not exceed three thousandths of the transaction amount, and the rates of different securities companies may be different.
Price limit:
The ETF is limited to 10%, and the related ETFs of GEM and science and technology innovation board are limited to 20%.
Both trading hours are 9: 30am-11:30am and13:-15: 00pm on the trading day.
What are the skills of ETF trading?
1, arbitrage
Because ETF funds can be traded on and off the market, some investors will use the OTC spread of ETF to arbitrage.
2. Fixed investment
When investors buy ETFs, they make fixed investment operations, increase the share of positions, spread the cost of positions equally, and disperse and reduce investment risks by constantly buying.
3. Diversified investment
Although the risk of ETF funds is less than that of stocks, investors can also reduce the investment risk and loss probability by diversifying their investments when trading. 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.