1. The trading hours are different.

T+ means the settlement on the same day, and T+1 means the settlement on the next day.

2. The number of fund transactions is different.

T+ can be traded repeatedly. T+1 The funds involved in the transaction cannot be traded again on the same day.

3. Different use markets

At present, China stock market implements T+1 clearing system, while futures market implements T+.

a trading system in which the securities (or futures) and the price settlement and delivery procedures are handled well on the day when the securities (or futures) are traded is called T+ trading. Generally speaking, the securities (or futures) bought on the same day can be sold on the same day.

T+ trading was once implemented in China Stock Exchange. Due to the immaturity of the stock market, the market price fluctuated abnormally. In order to ensure the stability of the stock market, China Shanghai Stock Exchange and Shenzhen Stock Exchange adopted the "T+1" trading method for stock and fund trading.

Extended information:

Operation skills

There are two kinds of T+. One is to buy first and then sell, that is, to make up the position first and then reduce the position, and the other is to reverse it, that is, to reduce the position first and then increase the position.

there is an important condition to observe when adding to t, that is, don't operate if your stock is unilaterally rising or unilaterally falling. This is because if you do reverse T plus when it goes up unilaterally, the stock price will keep rising instead of falling. This will not only reduce the cost, but also make it easy to step on the air.

if you add to T in a clockwise direction when you are unilaterally falling, you may make up for it, and your new position will be locked up. Therefore, when doing T plus to reduce the cost, it depends on whether the disk surface is mainly oscillating, and then operate if it can be confirmed.

Take a 2-dollar stock as an example, the amplitude of a day will be three to five points, so the amplitude of this oscillation will generally exceed one dollar. If you go to the round-trip handling fee, say 4 cents, then you still have a difference of 6 cents to earn.

if you can't buy the highest or sell the lowest, you will also buy or sell the second highest according to my method yesterday, so you will also have a profit of 34 cents.

Generally, a round-trip fee of 3 cents is enough for a stock with a price of about 1 yuan, while a stock with a price of about 1 yuan usually has a space of 78 cents. The higher the stock price, the higher the value of doing it.

Baidu encyclopedia -T+

Baidu encyclopedia -T+1