Exchange-traded index funds (ETF) trading principles
Date:2016-06-14 View:3821
English: Trading Rules of ETFs
Definition: principle should ETF shares in the Stock Exchange followed.
Interpretation: After the entry into force of the ETF fund contract, the fund manager can apply to the stock exchange listing, the listing should follow the following trading rules:
(1) Listed opening reference price on the first day of the previous business day of fund net;
(2) the implementation of the price limit, up to 10% of the decline, began to implement the first day;
(3) Buy declare an amount of 100 parts and an integer multiple of less than 100 parts portion can be sold;
(4) The minimum price fluctuation fund reporting unit 0.001 yuan.