Where to sell stocks?
Often, stockholders decide to sell them. But where can they be implemented? To date, there are several options. Let us dwell on where you can sell stocks and securities.
Today there are many investment companies whose purpose is to buy shares from the public. Get on them is easy. Usually they publish purchase announcements of securities in city newspapers. There you can find their contacts. But note that investment companies acquire shares at a price lower than the market (exchange) price. However, plus the cooperation with them is the speed of transactions with securities. Usually this procedure takes only 1-2 days.
To get the most out of your stocks, it’s best to contact a private broker. They keep a relatively low percentage of transactions. Selling securities in this case will occur on the stock exchange. And here many may have a question - why do I need a mediator? The answer lies in the current legislation of the Russian Federation “On the Marketvaluable papers". According to him, only legal entities can sell shares on stock exchanges. They must have a license for dealer activity.
That is why the sale of shares directly to stock markets is impossible. Therefore, you will need to conclude an agreement with a broker. You will also need to make an inter-depositary transfer of securities to the broker's account. After that, he will start selling them on the stock exchange (this may take several days or several months). If the buyer’s price suits you, the broker will make a deal on your behalf. After crediting the funds, he will keep his commission, and the rest of the money will go to your account.
You can also contact one of the brokerage companies. Here, more significant commissions from the sale will be withheld (money after the transaction is credited to the account in 3-4 days). After all, such a company needs not only to pay a broker, but also to get its profit. Nevertheless, many use their services, believing that this option of selling shares is the most reliable.