ETF交易指南：一文读懂交易时间与买卖单位规则

Group 1 - The trading hours for ETFs are generally the same as those for stocks, which are from 9:30 AM to 11:30 AM and 1:00 PM to 3:00 PM on working days [1][3] - Some special ETFs, such as cross-border ETFs, may have different trading arrangements due to time zone differences, and may also have a T+0 trading mechanism [3][5] - The trading unit for ETFs is 100 shares, which is different from stocks where one unit typically refers to 100 shares [5][7] Group 2 - The minimum subscription and redemption amounts for some ETFs can be quite large, often in the tens of thousands of shares, which primarily applies to institutional investors [7] - Ordinary investors can trade ETFs in the secondary market according to the 100 shares per unit rule [7]