股票中交割是什么意思：中英文双语解读

中文版

股票中交割是什么意思？

在股票市场中，“交割”是指买卖双方按照达成的交易条件，在约定的时间内完成股票和资金的交付过程。简单来说，交割就是实际上的“一手交钱，一手交货”。

交割通常发生在股票交易的T+1日，即交易完成后的第一个工作日。这是为了保护市场的公平性和稳定性，防止过度投机和操纵市场。在交割日，买方需要支付相应的款项，而卖方则需要交付相应的股票。

交割方式有多种，包括实物交割和现金交割。实物交割是指买卖双方实际交付股票和资金，而现金交割则是指通过结算机构进行资金的清算，而不涉及实际股票的交付。

交割是股票交易的重要环节，它确保了市场的公平性和透明度，维护了市场的稳定。同时，交割也是投资者权益保障的重要手段，它确保了投资者在交易中的合法权益得到保护。

英文版

What Does "Settlement" Mean in Stock Trading?

In the stock market, "settlement" refers to the process where buyers and sellers complete the delivery of stocks and funds in accordance with the agreed trading conditions within a designated time frame. Simply put, settlement is the actual "exchange of money for goods."

Settlement typically occurs on the T+1 day of stock trading, which is the first working day after the transaction is completed. This is to ensure market fairness and stability, preventing excessive speculation and market manipulation. On the settlement date, the buyer is required to pay the corresponding amount, while the seller needs to deliver the corresponding stocks.

There are several types of settlement methods, including physical settlement and cash settlement. Physical settlement involves the actual delivery of stocks and funds between buyers and sellers, while cash settlement refers to the clearing of funds through a settlement institution without involving the actual delivery of stocks.

Settlement is a crucial aspect of stock trading, ensuring market fairness and transparency while maintaining market stability. It is also an important means of protecting investors' rights, ensuring that their legitimate interests in transactions are protected.