Buying and selling shares in successful companies can be profitable. This fully applies to operations with securities issued by banking institutions. Nevertheless, in order to correctly dispose of your shares, you must follow certain rules that are binding on all participants in the securities market.
Instructions
Step 1
Determine how necessary the sale of the bank's shares at your disposal is. In some cases, it is advisable to analyze the market and the dynamics of changes in the value of shares in order to correctly assess the market value of paper assets and determine the right moment to sell them. Sometimes the analysis shows that it is more profitable to hold the bank's shares if they show a tendency towards a steady increase in their market value.
Step 2
Find out if the shares of the bank you are interested in are quoted on the RTS (Russian Trading System) and MICEX (Moscow Interbank Currency Exchange) stock exchanges. For example, Sberbank shares are in high demand among domestic and foreign investors. This interest increases the liquidity of the securities.
Step 3
To sell your bank shares, use the services of a brokerage company that carries out transactions for the purchase and sale of securities. Choose a reseller with a solid reputation in the market; read the terms of cooperation, in particular, find out the size of the commission for the services of a broker.
Step 4
Enter into an agreement with your chosen brokerage company. In some cases, the bank, the shares of which you own, may itself be licensed to carry out brokerage activities, which simplifies the procedure for settlements for brokerage services. As a rule, you can conclude an agreement at any branch of a large bank.
Step 5
After the conclusion of the brokerage service agreement, deposit the securities you have on the broker's deposit. Indicate the price at which you intend to sell the bank's shares. Wait for the broker to complete your order to sell securities. After the completion of the transaction, the proceeds from the sale of shares will be transferred to your personal account or transferred to you through the cashier of the brokerage company.
