When it comes to selling shares, it can be hard to keep up with all of the different options and sale methods that are out there. Fortunately, there are also professional brokerage firms and share selling services that can help you throughout the process, no matter what kind of shares you have to sell or how quickly you need the funds. Speaking of speed, though, the one-off trade is often the preferred method for those who need quick cash. What are one-off trades, though, and how do they work? Keep reading to find out.
What Are One-Off Trades?
Share sales that are conducted as a single-time transaction are allowed to be done without fully registering with and opening an account at a brokerage firm. The idea is that you are going to make a one-time sale, and therefore you won’t need the brokerage account to remain open. This saves everyone the hassle by allowing you to just provide the information about the shares that you want to sell and allowing the service or broker to complete the sale and transfer the funds.
Think of it like checking out at a new online store or restaurant. You generally have the option to create an account and login, which you might do if you intend to order again in the future. However, if you are confident that you’re only going to visit once, you can use the “guest” feature at checkout. This allows you to complete the transaction with the least amount of effort and information on your part. That’s the same way that it works with one-off trades.
Who Do I Call?
You can’t just go out and sell your shares without a broker to handle the transaction. Rather than considering a traditional broker, though, you should look at companies that function primarily as share sale services so that you can get the best options for selling your shares. Whether or not that will be a one-off trade depends on your circumstances. However, when you need something fast and simple, this may be the perfect solution.
To learn more about one-off trades and share sales, contact an investment broker today. They will be able to help you navigate the tricky waters of selling shares and getting the cash that you need on your terms, no matter what that means. If that means a quick, easy sale, this might be the ideal solution.