Group 1 - The trading commission for ETF funds is not fixed, with some brokers offering a minimum fee of 0.05% for ETF transactions, which is currently the lowest standard in the market. Investors need to negotiate with their brokers beforehand [1] - The trading hours for ETFs align with A-shares: 9:30-11:30 and 13:00-15:00, with holidays resulting in market closures [1] - Some ETFs support after-hours fixed price trading from 15:05 to 15:30 [2] Group 2 - ETFs can be traded in two ways: on-exchange trading (mainstream) like stocks with real-time execution, and off-exchange subscription/redemption suitable for institutions using a basket of stocks or cash [3] - T+0 trading is available for bond ETFs, gold ETFs, cross-border ETFs, and currency ETFs, while T+1 applies to most stock ETFs [4] - The minimum trading unit is 1 lot, equivalent to 100 shares, although some Sci-Tech innovation ETFs allow for a minimum purchase of 1 share [5] Group 3 - The price fluctuation limits are ±10% for mainboard ETFs, ±20% for ChiNext and Sci-Tech board ETFs, and no limits for cross-border and commodity ETFs [6] - Institutional investors can subscribe or redeem ETFs using a basket of stocks, with minimum units typically set at 500,000 or 1,000,000 shares [7] Group 4 - The full commission structure includes various fees, with stock trading at 0.01%, and ETF trading at 0.005%. Bond ETFs do not incur fees [8]

Group 1 - The article discusses the commission structure for trading ETFs in Chongqing, highlighting that the default commission is typically 0.03%, but some brokers can offer as low as 0.005%, which is currently the market's lowest standard [1] - ETFs are a special type of open-end fund that combines the advantages of closed-end and open-end funds, allowing investors to trade ETF shares on the secondary market or redeem them with the fund management company [1] - The presence of both secondary market trading and the subscription/redemption mechanism allows investors to engage in arbitrage trading when there is a price difference between the ETF's market price and its net asset value [1] Group 2 - Certain types of ETFs, including cross-border ETFs, bond ETFs, gold ETFs, and currency ETFs, allow for T+0 trading, while domestic A-share ETFs do not support this, requiring T+1 for selling after purchase [2] - For individual investors, ETFs can be treated as a "big stock," simplifying the investment process by eliminating the need to select individual stocks and reducing the risk of encountering "black swan" events or "value trap" stocks [2] - The article provides a detailed breakdown of various commission rates for different trading activities, including a 0.005% commission for bond ETFs and a 0.008% commission for Hong Kong Stock Connect [2]

Group 1 - The current market offers a very low commission rate for ETF trading, with some brokers providing a rate as low as 0.05% [1] - Investors need to open a regular fund account to trade ETFs, and can achieve lower commission rates by contacting a dedicated account manager [3] - The commission fee is closely related to the amount of funds in the account; generally, higher fund amounts lead to lower commission rates [4] Group 2 - Different brokerage firms have varying commission rates for ETF trading; it is advisable for investors to compare rates before opening an account [5]

Core Viewpoint - The trading fees for ETF funds in Shanghai can be as low as 0.05%, allowing investors to trade 100,000 yuan worth of ETFs for only 5 yuan in fees, although not all brokers offer this low rate [1] Group 1: Trading Fees and Account Setup - Investors need to open a stock account to trade ETFs, and the commission rates can vary significantly based on the account opening method [4] - Opening an account through the wrong channel can lead to higher commissions, as brokers may classify the investor as a natural client, making it difficult to negotiate lower fees [4] - The official commission rate for securities accounts is approximately 0.03%, but it is negotiable, and contacting an online account manager before opening an account can lead to better rates [4][5] Group 2: Fee Negotiation Strategies - Before opening an account, investors should express their intention to trade ETFs and inquire about specific fee rates to negotiate beforehand [5] - After account setup, contacting the account manager immediately for fee adjustments can lead to savings over time, potentially accumulating significant savings within a year [5] - Higher trading volumes can provide leverage for negotiating lower commissions with brokers [5]

Group 1 - The core viewpoint of the articles emphasizes the advantages and trading characteristics of Exchange-Traded Funds (ETFs), highlighting their popularity among investors due to controllable risks and the ability to trade both on-exchange and off-exchange [1][2] - ETFs can be traded in real-time during market hours like stocks, requiring investors to open a securities account to participate [1] - The trading fees for ETFs are generally aligned with stock trading commissions, with some brokers offering negotiable rates as low as 0.05% [1][2] Group 2 - ETFs exhibit price fluctuations throughout the trading day based on market supply and demand, and they typically track an index, sector, commodity, or other asset combinations to provide matching investment returns [1] - The existence of a primary market for ETFs allows for the creation and redemption mechanism, enabling direct share exchanges with fund companies under specific conditions [1] - Investors can negotiate lower commission rates based on their trading volume, with some brokers offering competitive rates for large fund amounts [2]