Your JSE “Tip”

1. Contact a Broker of your choice to buy or sell shares on your behalf.
2. Give him or her clear instructions, whether orally or in writing.
3. The buying/selling process begins when you place an order with your Broker (member / dealer) for a specified number of shares in a company.

THERE ARE THREE (3) TYPES OF ORDERS THAT YOU CAN PLACE:

1. A MARKET ORDER – this is where you ask your broker to buy or sell stocks at the market price.
2. A LIMIT ORDER – this is when you set the price at which you want stocks to be bought or sold.
3. A STOP ORDER – gives an approximate buying or selling price of stock and when the approximate price is reached the stock order becomes a market order.