如何进行ETF套利（中）

Group 1 - The core concept of intraday swing arbitrage strategy is based on delayed trading, also known as intraday trend trading, which carries higher risks compared to premium/discount arbitrage [1] - Intraday bullish trends involve two operational methods: buying sufficient ETF shares at relatively low levels to redeem a basket of stocks and selling them after market rebounds, or buying a basket of stocks at low levels to subscribe to ETF products and selling ETF shares after market rebounds [1] - Intraday bearish trends allow investors to short sell ETF shares at relatively high levels and buy them back after market declines, with the potential need to pay overnight interest due to the inability to return shares on the same day [1] Group 2 - Investors engaging in intraday swing trend trading must pay attention to the liquidity of constituent stocks and ETFs, as well as the premium/discount situation at the time of purchase [2] - The specific operational steps for intraday swing arbitrage require quick decision-making and real-time risk control, necessitating sensitivity to sudden information events regarding individual stocks and sectors [1]