3 Key Reasons To Dematerialise Your Share Certificates
The whole world is going digital. And not for nothing. Queues in banks have been shrinking ever since net banking arrived. Plastic money is all the rage now. Send someone a digital greeting card today and they will probably not be offended. You will have to think long and hard to recall when was the last time you bought movie tickets from a ticket counter. What does all this suggest? Just one thing; minimise paper use and if an e-version is there for the taking, pounce on it.
So, if you have share certificates in your bank locker or a safe at home and see them as your prize possessions, why not see whether these can be held electronically?
Below, you will learn 3 key reasons to dematerialise share certificates:
1. Electronic shares are difficult to lose
There is a risk of paper share certificates of getting lost if they are not handled carefully. You can get them back but not easily and the new there will be a cost. This issue will not arise if your shares are held online.
2. Lower dealing fees when transacting online
There is a cost to buying and selling shares which can vary greatly. Dealing online is generally cheaper than dealing with paper certificates.
3. You can track performance on smartphone
You can see how your shares are performing online and keep a minute-by-minute tab on their performance. If any of your shares is underperforming, you can liquidate quickly and allocate the proceeds elsewhere.
Contact Clear Capital Markets and we can help dematerialise your share certificates. Clear Capital Markets also deals in various kinds of finance-related products and services.
Meanwhile, Clear Capital Markets has released an exclusive report named ‘5 Reasons to Dematerialise Your Share Certificates’ that will assist you in making an informed decision. To download the report, click the link below:
Risk Warning: The value of shares can fall as well as rise; you may not necessarily get back the amount you invested. Past performance is no guarantee of future performance. Clear Capital Markets Limited is authorised and regulated by the Financial Conduct Authority FRN 706689.
This blog post is written by Daniel Pellard, Director at Clear Capital Markets, Senior finance professional with 10+ years experience in a front office environment.
Chartered MCSI, FCA CF30 Registered, Fully RDR Compliant (Valid SPS)
Areas of expertise:
wealth management, portfolio management, HNW private and professional client relationship management, long/short and hedging strategies, risk management, equities, cfds, options, private equity.