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Selling securities

In order to sell securities it is necessary to do the following:

  • Issue an order to the broker to sell securities (by e-mail, fax, post or telephone)
  • Register securities which are held in the investor's account with the CDA with Antea brokeri Ltd. (on your own or with broker’s assistance) or deliver the original receipt of stock ownership from the company's register of shareholders (this applies for those companies that issued shares but are still not members of the CDA).

After the client decides to sell the securities, the broker will ask the client to sign the issued order.The settlement takes place 3 days after the sale of securities.

The funds (market value of securities from which the commission or fee is deducted) are then transferred to the investor's account with the CDA. The money can then be used for reinvestment (further trading) or, if requested by the client, it can be transferred to the client's current account opened in any bank by the brokerage company.