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Raiffeisen Brokers

 

BROKERAGE SERVICES

Manual for customers from B&H

 

 Sales of Securities
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 FAQ

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©2012 Raiffeisen Brokers

 

 

 

Sales of SecuritiesProdaja

I would like to sell my shares.

What do I need to do?
What documents do I need?
What is the value of my shares?
What kinds of orders exist?

 

SALES OF SHARES

What do I need to do?

Procedure for purchase and sale of shares through Raiffeisen BROKERS is so simple.

  • ?You just conclude an agreement with Raiffeisen BROKERS and open an account with Raiffeisen bank,
    Only your identity card is necessary for agreement conclusion and account opening.

  • Give the order for sale.
    You only need Certificate from Securities Register of FBiH

  • Withdraw the money from sales.
    After sales is performed your money will be paid to an account with Raiffeisen bank.

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What documents do I need?

All that you need for sale of shares is the following:

  • Your identity card for identification and agreement conclusion,

  • Certificate from Securities Register of FBiH for giving order for sale

  • A card with your account with Raiffeisen bank for withdrawing money from sales.

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What is the value of my shares?

It is simple. You just ask authorised persons of Raiffeisen BROKERS at counters of Raiffeisen bank. They will be glad to give you the latest information on price trends. You may give order for sale per market price on that day or you may determine minimum price below which you do not want to sell your shares.

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What kinds of orders exist?

Orders for sale and purchase of shares may have different limitations:
Regarding the time necessary for execution there are three kinds of orders:

  • Open – order is valid until execution (i.e. 180 days from order input) or withdrawal.

  • Daily - order is valid for only one day of trade

  • Limit – order is valid until specified date

Regarding the price also three possibilities exist:

  • Market order – order is executed per market price on the date of trade

  • Limit – minimum price for sale orders or maximum price of purchase is determined

  • Prudence order – is a special kind of order by which a principal give a broker the choice to make decision on price for which the order will be executed taking into account the best principal’s interests.

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