T+ 1 is a trading mode. T+ 1 of stocks and OTC funds refers to buying on the same day and selling on the second trading day. OTC funds T+ 1 refers to buying on the same day, confirming the share on the second trading day, and calculating the income after confirming the share.
Stocks and funds trade at T+ 1 Trading hours are: Monday to Friday from 9: 30-1:30, and in the afternoon 13: 00- 15: 00. Trading is not allowed on legal holidays, futures, options and foreign exchange T+0 trading.
China's Shanghai Stock Exchange and Shenzhen Stock Exchange trade stocks and funds with T+ 1, while China's stock market adopts the T+ 1 trading system, and the stocks bought on that day cannot be sold until the next trading day. T+ 1 is essentially a delivery method of securities trading, which is used for A shares, funds, bonds and repurchase transactions.
It refers to the completion of the corresponding securities delivery and capital delivery on the next business day of the trading day (T+ 1) after a transaction is completed. Another feature of the system established in stock trading to protect bankers' bloated bodies is to stifle the flexibility of retail investors. In other words, the stocks or funds bought by investors on the same day cannot be sold on the same day, but can only be sold after delivery and transfer the next day.
A brief history of stocks:
Stock has a history of nearly 400 years since 20 17, and it appeared with the emergence of joint-stock companies. With the expansion of business scale and insufficient capital demand, the company needs a way to obtain a large amount of funds. As a result, enterprise organizations appeared in the form of joint-stock companies, and shareholders jointly invested and operated.
The change and development of joint-stock companies have produced financing activities in the form of stocks; The development of stock financing has produced the demand for stock trading; The demand for stock trading has promoted the formation and development of the stock market; The development of the stock market finally promoted the perfection and development of stock financing activities and joint-stock companies. Stocks first appeared in capitalist countries.