How to trade in shares, ETFs and certificates in George

You can trade in all titles that are offered in the “Find and Buy” offer. Our bank offers trading on leading local and global stock exchanges in all relevant currencies (Belgium, Finland, France, Italy, Japan, Germany, Netherlands, Poland, Austria, Spain, Switzerland, USA and Great Britain).

Shares, ETFs and certificates can be bought at any time via George. The order will be sent to the market during the trading hours of the market where you want to buy. If you place the transaction outside trading hours, the order is in “entered” status and is waiting for the given stock exchange to open. As soon as the stock exchange opens, the order will be sent and its status will change to “active on the market”. You can always check the order in George in the history of open orders.

This is a form of trading when you buy a security and sell it on the very same trading day. In George you cannot make these transactions. You can continue to trade with bought securities only after settling the transaction, i.e. once they are credited to the asset account. (T+2 up to 4 days after completion of the order on the market).

The bid/buy price is the highest price that the buyer is willing to pay for the security at a given time. The ask/sell price is the lowest price that the seller is willing to sell the security for at a given time. The bid/buy price will almost always be lower than the ask/sell price.

Yes, the so-called first market depth level is displayed in George. The values are always connected with the prices and you can find them on the search page of the new security from the “Find and Buy” offer and when filling in the buy order.

• MARKET – Order that can be carried out without a defined limit. The actual realisation price depends on the market trend and can differ significantly from the last available price at the time the trading order was entered. This can result in an overdraft of available funds or a sale for a significantly lower price.
• STOP MARKET – Order will become active only and if the transaction is made on the market for the same or high (buy order) / lower (sell order) price than the activation price entered by you (does not apply to certificates). An order with no defined limit for its execution, i.e. with no sell/buy price limit.
• LIMIT – Maximum buying/minimum selling price for which it is possible to trade a security on a given market is determined by the limit price you set.
• STOP LIMIT – Order will become active only and if the transaction is made on the market for the same or high (buy order) / lower price (sell order) price than the activation price placed by you (does not apply to certificates). The limit price determines the maximum buying/minimum selling price for which a security can be traded.

For selected investment products, such as shares, ETFs, bonds, so-called "money cover" is required already at the time when the client submits an buy order of a security. At this moment, an investment reservation is created on the cash account, from which the purchase will be paid for, and lasts similarly to the card payment until the transaction is completed and settled. The duration of the reservation varies and depends on the type of product

An order can be cancelled if its status allows. After opening the order detail in Order History (open orders) the “Cancel” button is either active or inactive.

The actual transaction is not settled until the so called Settlement Date − Transaction Settlement Date. This differs depending on the security and selected market. On this date there is activity in the asset (securities) and settlement account (money).