How to sell stocks and bonds?

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Do you still have securities that were purchased directly without brokerage or left over from the time of privatization, and you do not know where and how to sell shares more profitably? You are tormented by doubts: to sell them on the stock market or directly to an investment company? Now tell!

How to sell shares with minimal losses?

Ideal formula for selling stocks: We carry out this sale and purchase transaction, adhering to the market price with a minimum discount. The best way out in this case is to contact an investment company that specializes in acquiring shares from citizens. However, the final result will suit the broker more, since he will take the shares at a lower cost than their market value. Where is it profitable to sell shares in such a situation?

The highlight is that you can independently put up for sale your shares and bonds on the stock market, where buyers and sellers are other people (more often investors or traders). This method is useful if you have a fairly large stock of assets, you want to sell them, but even a significant loss of a certain percentage of the monetary amount of all shares will cause material damage whensale of an investment or trading firm.

Working with brokerage companies

First, you need to draw up and sign an agreement for the provision of brokerage services and an agreement establishing the scope and conditions for the provision of services by a stock market participant to the opposite party (individual or legal entity) - a depositary agreement.

It would be wise to consider large brokerage companies that provide relatively inexpensive prices for brokerage and custody services. Next, you will have to clarify exactly where your assets are currently located. Basically, they are kept by the holder of the register of shareholders, namely, by the registrar who signed the service agreement with the joint-stock company. If your shares are not held by the holder of the joint-stock company, then they are most likely located in the depositary. In any of these two cases, the plan for further work will be as follows:

• Request a transfer order (a document that allows you to transfer ownership of securities to another person) on the transfer to a broker - if the registrar is the custodian of assets.
• Request an inter-depository transfer.

Most often, these transactions require no more than 3 days, of course, for those who are worried that the ownership is leaving, we hasten to reassure you: no, the broker acts as a nominal holder of securities.

But there are some nuances here too: probably, the depository where your shares were located allows the possibility of withdrawing shares tostock market - in this case it is more logical and expedient to resort to its services. After the securities appear on the broker's account, you must fill out a form for the transfer of shares to your account with the depository of the investment company.

What's next?

Are stocks in your account? And here it is the last step - the sale of securities in the secondary market. Ask: what is it and how to sell shares there? The secondary securities market is considered to be the MICEX-RTS exchange, it is within the framework of this exchange that a huge, one might even say, the vast majority of transactions are made. You can sell shares here using a special program that you can get from your broker, everything happens in this trading terminal in online trading mode or with the help of a trader from your brokerage firm.

Funds from sold shares can be found in your brokerage account. There are two withdrawal methods here: cashless transfer from a brokerage account to your bank account; come for cash at the cash desk of the brokerage company.

This is how you can sell shares: Sberbank, Gazprom, Lukoil, etc. Remember that you are required to pay dividends for the entire time you own securities. If this does not happen, you can safely apply, but only for 3 years or more, if indicated in the contract.

Peculiarities of the sale of Gazprom shares

There are 2 options to sell Gazprom shares: through the Moscow Stock Exchange or independently to a specific person on the over-the-counter market. The share price is setdirect owner, based on information about market quotations. Sale through the Moscow Stock Exchange takes place on the principle of sale through a brokerage company.

If you are going to implement the sale of Gazprom's securities on your own, you already have a certain candidate on the over-the-counter market, then in theory you can handle it without resorting to intermediaries. The seller and the buyer enter into a printed contract in the presence of the registrar of the company, and the seller writes the transfer order.

Secrets of success, or can you make money by selling shares?

You can make good money selling assets, but how do you do it right? The positive result of work in the stock market is directly proportional to the capabilities and analytical thinking of the investor. When buying and selling stocks, keep in mind:

• Shattered dreams, set goals. When investing in the stock market, you should not hope for a sudden increase in capital. Working on the stock exchange is a huge risk, so emotions should not take precedence over rational decisions.
• Thoughts as a company owner. Yes, as strange as it may sound, it is. When acquiring a company for the purpose of buying, you examine its operation, strengths and weaknesses, what was done right and what mistakes were made, with buying or selling shares in a plant, for example, things are the same.
• Buy lows, sell highs. A very obvious principle, but some do not follow it and receive very little income. If astocks are already moving up, please wait a bit.

Be patient and stubborn!

Shares in OAO

JSC is an open joint stock company. Here, the algorithm for selling shares is quite simple if the stake being sold is no more than 30%. Otherwise, a complex procedure for the sale of shares awaits.

• When an OJSC is established, the placement of capital takes place in the form of securities - shares. Their first batch is being registered with the Federal Financial Markets Service (without this, no manipulations with shares are possible).
• A person who puts up for sale 30% or more of the shares is obliged to: notify the sale of shares and offer to purchase these shares first to his partners.

The main thing - remember that the sale of shares is not just a profitable business, but a whole craft. Success in this matter depends only on you!