Securities transactions can bring real income if these assets are properly disposed of. If you have shares of companies that have risen in value, you can sell them profitably. In this case, the difference between the purchase price of the shares and the sale price will be your profit. In order to competently make a transaction for the purchase and sale of securities, you need to know some of the subtleties of operations with them.
Instructions
Step 1
Today, it is very common to buy and sell shares by concluding an agreement between a client and an investment company that has the appropriate license to carry out such operations. Therefore, start by finding the right company that you can trust to complete the transaction.
Step 2
Check out the brokerage and investment terms and conditions of several companies that come to your attention. At the same time, take into account the reputation of the company, the duration of its work in the market, the professional training of personnel, as well as the terms of cooperation, including the size of the commission, the deadlines for fulfilling the obligations under the contract and other parameters of the transaction.
Step 3
To sell your shares under a sale and purchase agreement, you need to personally appear at the investment company of your choice and sign a securities sale and purchase agreement. Then submit the transfer order to the relevant Register and receive in the same Register a statement on the movement of funds on the account, which must be provided to the company. After that, receive the money owed to you (cash and non-cash settlements are possible).
Step 4
The second option for selling shares is through opening a brokerage account with an investment company. Choose this method when selling low-liquid stocks, as well as in those cases when you have time to wait for a rise in prices for this type of securities.
Step 5
To complete the above procedure, open a brokerage or depository account, guided by the rules of the investment company and the regulation on brokerage services. Then deposit the shares you hold into your own client (custody) account. After that, submit to the company's specialist an application for the purchase and sale of shares, indicating their price and quantity.
Step 6
After completing the sale of shares, submit an order to withdraw funds and receive the amount at the company's cash desk. The second option is to apply for a wire transfer of funds. In most investment companies, the withdrawal of funds from the sale of shares takes no more than three business days.
