Docsity
Docsity

Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity


Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan


Guidelines and tips
Guidelines and tips

Standard Bank Online Share Trading: Placing a Trade, Study Guides, Projects, Research of Banking and Finance

Instructions on how to place a trade on standard bank's online share trading platform. Users can place trades through various methods such as the quick share box, portfolio, find or trade shares menu, or anywhere a share price and code is shown. The steps to use the share look-up box, input order details, and confirm the trade. It also covers the importance of selecting the account, price type, and life of the trade, as well as the projected costs and receiving trade confirmations.

Typology: Study Guides, Projects, Research

2021/2022

Uploaded on 09/27/2022

nath
nath 🇬🇧

4.9

(8)

257 documents

1 / 4

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
Standard Bank Online Share Trading
How to place a trade:
You can place a trade via many places on the website such as
1. quick share box
2. from the portfolio
3. find or trade shares menu
4. anywhere a share price and code is shown (top movers, most active etc) by
clicking on the “T” (stands for Trade) under tools.
You can also place, cancel or amend a trade by calling into the call centre on 0860 121 161.
Example of the share look up box found under “Find or trade shares” menu.
Simply enter the stock code of the share that you want to trade (e.g. Dimension Data’s stock
code is DDT) or enter the first few letters of a company’s name (e.g. dimension for Dimension
Data) and click on the “trade” button.
This will bring up the trade page where you can see various data about the stock as well as
input your order to buy or sell. See the red boxes for details on each input option.
pf3
pf4

Partial preview of the text

Download Standard Bank Online Share Trading: Placing a Trade and more Study Guides, Projects, Research Banking and Finance in PDF only on Docsity!

Standard Bank Online Share Trading

How to place a trade: You can place a trade via many places on the website such as

  1. quick share box
  2. from the portfolio
  3. find or trade shares menu
  4. anywhere a share price and code is shown (top movers, most active etc) by clicking on the “T” (stands for Trade) under tools.

You can also place, cancel or amend a trade by calling into the call centre on 0860 121 161.

Example of the share look up box found under “Find or trade shares” menu. Simply enter the stock code of the share that you want to trade (e.g. Dimension Data’s stock code is DDT) or enter the first few letters of a company’s name (e.g. dimension for Dimension Data) and click on the “trade” button.

This will bring up the trade page where you can see various data about the stock as well as input your order to buy or sell. See the red boxes for details on each input option.

The Trade Page:

Select if you want to Buy or sell

Enter the Quantity of shares to buy or sell. Note that the website will work out how many you can buy based on the cash you have or how many you can sell based on what you own.

Input your logon Password to confirm your trade. This is a security feature.

Life of Trade: good for today only or good for a month. After this date the order will automatically expire if it has not matched.

Once you have input your order and input your password simply hit the “Trade Button”

You can choose to receive an SMS confirmation when your trade matches.

Price type. Place the order at market or for a limit.

Price warning messages

Choose account (if you have more than one account (e.g. a warrants account)

Projected costs: This section works out the projected costs of your trade and how much funds you will have left if the trade is completed. Here you can see how much cash you have available to trade with.

When the order has been placed you will receive a trade confirmation screen as follows:

Trade status and history page: You can check on the status of your orders by clicking on the “Find or trade shares” menu followed by the “Trade status and history” link.

Here you can see your pending purchases or sales, what orders have matched (details costs) and what order have failed. You can also see what orders were placed via the call centre. You can cancel your order from this page. You will be able to access your contract notes from this page. The last 3 months completed trades and failed trades will be displayed.

Should you need any assistance with our website please call us on 0860 121 161 or email us at securities@standardbank.co.za

You can cancel the order by clicking on the Cancel option

Call centre trade. A “yes” will appear if you placed the trade via our call centre

Click here to get your Contract note the following business day