Whether the institutional trade is t 1 or t 0

t+1。China's Shanghai ** Exchange and Shenzhen ** Exchange implement T+1 trading methods for ** and ** transactions, and China ** implements the "T+1" trading system, and the ** bought on the same day can only be sold on the next trading day. At the same time, the funds are still "T+0", that is, the funds withdrawn on the same day can be used immediately.

T+1 is essentially a first-class transaction settlement method, and the objects used are A-shares, **, bonds, and repurchase transactions. It means that after the transaction is concluded, the corresponding ** delivery and fund settlement will be completed on the next business day (T+1 day) of the transaction date.

Take A shares as an example, suppose you buy 1 lot of A shares on T day, and you just register the transaction on T day, and the 1 lot of A shares is not transferred to the account, so you can't sell it on T day. Therefore, on the "T+1" day, the lot of A shares has been transferred to your account, so you can choose to sell.

China's T+1 system began on January 1, 1995, mainly to ensure the stability of the market and prevent excessive speculation.

The rules are the same for all people, but institutions generally hold a lot of ** in their hands for a long time, and they can sell the ** they bought before on the same day, and buy some ** closely**, so it is equivalent to T+0.

**It's T+1, the same day**, and it can only be sold on the second trading day, **, options, and some ETFs**.

It is a T+0 transaction, and it can be sold on the same day.

Extended information: **Implement T+1 trading, conduct transactions in real time according to the market, follow the principle of **priority and time priority, Shanghai Stock Exchange, ** and GEM.

Each trading unit is 100 shares and their integer multiples, Science and Technology Innovation Board.

Each trading unit is 200 shares and their integer multiples, and the rise and fall limit of the Shanghai and Shenzhen stock exchanges** is 10%, and the rise and fall limit of ChiNext and the Science and Technology Innovation Board** is limited to 20%.

**Trading Rules:

1. Trading Hours.

Non-statutory sleepy orange holidays.

Monday to Friday, 9:30-11:30 a.m., 13:00-15:00 p.m. All holidays or weekends, A shares.

The market will be closed. 2. Transaction Methods.

Buying and selling are sorted according to the principle of limited and time priority. From 9:15 a.m. to 9:25 a.m., the call auction will be held.

This time period can be started**, before 9:20**can be revoked, after 9:20**can not be revoked, the system collects everyone's buying and selling**, unified in accordance with the principle of ** and time centralized matching, the transaction with the largest turnover, corresponding to ** is the opening price.

9:30-11:30, 13:00-15:00 are the continuous bidding time, and the system will process the effective orders one by one, following the principle of ** priority and time priority.

3. **Trading unit.

**The trading unit is "shares", and the stock price you usually see is per share**, and you must buy at least 1 lot or its integer multiple, 1 lot = 100 shares. If you subscribe for new shares, you must subscribe for at least 1,000 shares. There are not many restrictions on selling**, and a minimum of 1 share can be sold.

For example, we often hear people say that they hold a certain **50 lots, which actually means holding the **5000 shares.

Fourth, the rise and fall.

On each trading day, the price of a single ordinary** (except for special circumstances such as the first day of listing, resumption of trading) shall not rise or fall by more than 10% compared with the price of the previous trading day**; ** starting with ST, the increase and decrease shall not exceed 5%; On the first day of listing, the maximum increase is limited to 44%.

5. Transaction costs.

The transaction commission charged by the ** company, the transfer fee charged by the China Depository and Clearing Corporation, and the stamp duty charged by the State Administration of Taxation are used for the transaction of old stock cracks.

and so on.

The trading system is also T+1, but because the institutions originally held **, and there were always reserve funds, many of the transactions were T+0.

Drag ** up at a low price, and then sell it before yesterday, and then buy back the number of t+1 after suppressing it, but the institution will generally do t+0 in disguise, that is, the pre-split type first holds this **, rents it at a high price and sells a part, or operates the other way around.

"T+0" is a ** (or**) trading system, where the securities (or **) on the day of the transaction of ** (or) and the price of the transaction system, it is called "T+0" trading. To put it simply, investors can sell on the same day. T refers to the trading day, "T+0" refers to the trading day, if Monday is T day, then "T+0" is Monday.

The advantages of implementing "T+0" transaction delivery are:

1. Increase the speed of the flow of the same funds.

2. Increase the number of speculators and pass on the risk of spot dealers. In the ** market, the presence of speculators increases the trading volume, making it easier for spot traders who really need to sell and buyers who need to buy goods to reach deals in an active market.

4. Improve the degree of risk controllability on the day. If you open a position on the same day and go all the way in the opposite direction, you can stop the loss in time on the same day without losing too much.

The disadvantages of implementing "T+0" transaction delivery are:

1. Passive increase the number of transactions and increase transaction costs.

3. Real-time attention is required. Since you can enter and exit multiple times a day, the possibility of profit increases, and the opportunity for risk control increases, so driven by interests, more people will choose to pay attention to the market trend in real time in order to make corresponding operations.

T+0 is an abbreviation of the ** trading and settlement system. In academic research and practical business, T+0 can be subdivided into T+0 trading system and T+0 settlement system.

In layman's terms, it means that the funds obtained from selling ** on the same day can be sold on the same day, and the **noisy ** can be sold on the same day (T+0 transaction), and the transaction is actually completed on the day ** and the funds are cleared and delivered (T+0 settlement). The above two are not to be confused, and T+0 settlement is a sufficient and unnecessary condition for T+0 transactions.

The T+0 trading system refers to a trading mechanism in which "the funds obtained by selling ** on the same day can be **** on the same day, and the ** can be sold on the same day". In fact, T+0 trading is a popular name among market participants in China, and the official name is "intraday turnaround trading". In the "Shanghai ** Exchange Trading Rules (2018 Revision)", it is clear that "the rotary transaction of ** refers to the ** of the investor**, after the transaction is confirmed, and all or part of it is sold before settlement".

What does it mean to trade T+1 and T+0?

Fourth, the general trend: if the day of the sharp fall, the break is even worse, there is a limit do not chase in general, **broken ** on the main force and the psychological impact of the chase plate is also huge, the main force to pull up the determination to weaken accordingly, follow the trend disk also stop chasing up, the main force in the case of no pick-up, often appear the next day helpless immediately ship the phenomenon, so in the ** break the sharp fall when it is best not to chase the limit.

When **in the band**, there are more opportunities for the daily limit, and there are more opportunities overall, so you can be bold in chasing the daily limit; When the ** band is weak, we should be especially careful and try to focus on ST shares, because ST shares and ** may go in reverse, and the other 5% increase will not cause too much selling pressure. If the trend is unclear during the consolidation, it is mainly based on the ** pattern, the morning and evening limit time, and the time-sharing chart performance.

Fifth, the first limit is better, and the reason for the second limit in a row is that the short-term profit plate is too large, and selling pressure may occur. Of course, this is not a certainty, and the leading stocks in the bull market or the stocks with great good news can be exceptional.

Is the transaction T+0 or T+1?

Thirdly, you need to run a simulation before you do the real thing, so that your losses can be minimized.

Fourth, it is necessary to have the basic knowledge of three aspects, and then continuously improve these knowledge in the process of speculation: one is the basic analysis method, the second is the technical analysis method, and the third is the risk analysis method.

Fifth, you should understand that there are still many irregularities in China's current market, so you should also have some technology for China's market, such as the problem and performance of making a bank, and the role and significance of stock evaluation.

Sixth, you should pay attention to both long-term and short-term analysis and investment training, and you can't learn all the financial knowledge just by doing it short.

Finally, you must know that there are some financial knowledge that cannot be learned through China's ** market, so you should step up your efforts to learn other financial knowledge in addition to **, which seems to be of little use to the current **, but it may be an important part of your future livelihood at home and abroad, and achieve huge benefits.

Hello friends, China's **A shares are traded on T+1, that is, the ** bought today can not be sold until at least the next trading day, while the ** in Hong Kong and other foreign countries such as the United States are all T+0 traded, that is, you can sell today if you buy today, I hope to adopt Thank you Thank you for wishing you a happy mood.