Is there a capital limit for trading ETFs?

There are no capital restrictions on secondary market transactions. The minimum transaction unit 100, and the maximum transaction amount is several hundred yuan. However, if you want to purchase and redeem ETF, there is a minimum capital requirement, because the minimum number of units to apply for redemption of ETF is generally around 500- 1 10,000. Take 50ETF as an example. The minimum number of units to apply for redemption is 1 10,000. At present, the price is around 1.74 yuan, and at least1.8,000 units are needed.

Capital refers to the capital for the operation of industry and commerce, and also refers to the materials or currency used by the state to develop the national economy. Capital is expressed as currency, which is used for turnover and meets the needs of creating social material wealth. It embodies the socialist relations of production based on public ownership of information. Capital is the media value used to create new value and increase the value of social surplus products in the process of social reproduction. It also refers to capital management, which means that only a small part of capital is at risk in any transaction. Trading limit refers to the limit on the number of futures contracts that each person can buy or sell every day in the futures market. The transaction limit of each credit card used by the cardholder shall be granted by the issuing bank according to the credit status of the cardholder. Business exceeding the trading limit can only be accepted by special merchants and business institutions authorized by the issuing bank. The trading limit of specialized banks is stipulated according to the transaction type and card type.

In a sense, the transaction limit is actually the authorized limit of special merchants or commercial organizations, that is, credit card transactions exceeding the authorized limit must be authorized. First of all, it must be explained that Alipay has no quota setting function, so you can spend as much money as you have. It can only be said that when users pay a certain amount, they need to use the verification code bound by the mobile phone. Some banks have payment limits. When you pay with Alipay, if the balance is not enough, you must recharge it. Every bank has a daily limit. At present, users are controlled to use the mobile phone verification code when the single payment amount reaches 200 yuan and the daily accumulated amount exceeds 600 yuan (this limit has been set at present and cannot be modified). Alipay will implement SMS charging system from 20 14 65438+ 10/month 1. Users who open SMS notification are required to send verification code for each payment, and charge 0.6 yuan/month every month. If they don't open the verification code for each payment, and the single payment amount reaches 500 yuan, and the daily cumulative consumption exceeds 1000 yuan, the verification code sent is usually free.