What does the redemption confirmation date of financial products mean?

What does the redemption confirmation date of financial product mean ？

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Take the answer 1：

Fund redemption generally needs two working days to be confirmed by the system , After that, it will be liquidated . The subscription and redemption of the fund need to go through T+2 It can only be said that the redemption is successful after the confirmation of the daily system . The general process of redemption of open-end funds is ：T Daily unreported ,T+1 Reported ,T+2 Already become . Last , The subscription and redemption of the fund need to go through T+2 It can only be said that the redemption is successful after the confirmation of the daily system . On the day of entry （T Japan ） It is normal to display no alarm , Even in 2:50 Order left and right , As long as records are found in the delegated query , Generally speaking, it will be on the second trading day （T+1 Japan ） Become reported , Third trading day （T+2 Japan ） Become a thing of the past , After that, it will be liquidated . So the general open-end fund is 4 About a working day .

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