Today, the Shenzhen Stock Exchange issued a formal "rules" the implementation of the Shenzhen stock exchange securities investment fund transactions and the purchase and redemption of fund transactions, current, subscription, purchase and redemption business rules for the system analysis and integration, to change the current fund transactions and business purchase and redemption of gauge are dispersed, the lack of systematic state.
Compared with the existing business rules, fund transactions and foreclosure rules mainly done the following amendments and supplements: one is the clear definition of ETF, LOF, classification of funds and closed-end funds and other four categories listed fund varieties, ETF will be extended to non index fund; two is the relevant business norms increased monetary ETF transactions and purchase redemption inside, to meet monetary exchange traded fund demand; three is to clear the fund share the bulk trading rules, described the use of the provisions of the fund share the bulk trading and auction transactions, the purchase, redemption of the share; four is to increase the provision in principle of investor protection.
In recent years, the Shenzhen stock exchange so "create a fund supermarket" as the goal, to actively promote the market fund market development, has formed a preliminary covers LOF, ETF, hierarchical fund and closed-end fund of four categories of products, fund product line more complete coverage of multiple market abroad. As of September 30th, the number of SZSE listed 323 funds, the net assets of about 125600000000 yuan floor.
The Shenzhen stock exchange relevant responsible person said that the fund transactions and foreclosure rules promulgated and implemented to further improve the basic system of the Shenzhen stock exchange fund market, and reserved space for product innovation and business innovation for the listing of funds. The next step, Shenzhen will improve fund trading platform features, give full play to the market participants initiative, actively promote the innovation and development of fund market. One is to optimize the fund transaction mechanism and platform, improve the relevant supporting system; two is the establishment of long-term mechanism of market cultivation, rich fund product system, improve market liquidity; three is to promote product innovation, as soon as possible money ETF, actively promote the commodity futures ETF and Hong Kong listed fund cross, meet the needs of the market development.