“T+0”回转交易制度的发展历程我国证券市场在发展过程中,采用过两种交易方式:“T+0”和“T+1”回转交易制度。“T+0”回转交易制度是指证券成交当日办理好证券和价款清算交割手续的交易制度。“T+1”回转交易制度是指证券成交次日办理好证券交割手续的交易制度,当日买进的证券,要到下一个交易日才能卖出,但当日回笼资金仍实行“T+0”。我国证券市 “T + 0 ” the development history of the swing transaction system China’s stock market in the development process, the use of two transactions: “T +0 ” and “T +1 ” swing transaction system. “T + 0 ” swing transaction system refers to the transaction on the very day the securities deal with the settlement of securities and settlement of the transaction price system. “T + 1 ” swing transaction system refers to the securities transaction the next day to do a good delivery of securities trading system, the day to buy the securities, to be sold until the next trading day, but the day the return of funds is still implemented “T +0 ”. China’s stock market