Your broker will provide a confirmation for the sale of your shares.
Review the confirmation and affirm the number of shares sold and the sale price of each, as well as the costs incurred to sell the securities.
It is accepted that an Employer has the right to liquidate the performance bond if the Contractor has clearly defaulted on its obligations, such as in the event of abandoning the works or refusing to proceed with the works for no reason.
However, when the relationship turns sour between the Employer and the Contractor, there appears to be a tendency by employers to liquidate the performance bond even without sufficient causation.
In instances where the Contractor is not in default or its default is not sufficiently grave to warrant the liquidation of its performance bond, the Employer has no right to liquidate the performance bond.
During the Dubai financial crisis that started towards the end of 2008, many employers have relied on performance bonds as a quick method of receiving liquidity.
Create the sell order by stating the number of shares you want to sell.
Before you liquidate your stock, consider the tax implications of doing so.If you sell the share at a loss, that loss can offset any capital gain you earned from the sale of another investment.Consequently, when you sell, you might pair shares that have risen in value with shares that have decreased in value. If the shares are publicly traded, you can find their current market price on the appropriate exchange.If you enter a sell order using your brokerage account, you enter the number of shares for each stock you want to liquidate.In either case, you can specify the lowest acceptable sales price per share using special order types.
If you own a large number of shares or if the share value has appreciated significantly, you should work with a stockbroker to liquidate your portfolio for a number of reasons.