Buying shares of Yandex and Google is possible with the help of one of the brokerage companies that provide services for transactions with securities on American stock exchanges. The order of interaction between the client and the broker is prescribed in the agreement concluded before the purchase of shares.
The purchase of shares of the most popular IT companies in Russia is possible through one of the American stock exchanges (for example, AMEX or NASDAQ). Yandex is registered as a limited liability company in Russia, which does not provide for the issue of shares. Therefore, it is not possible to purchase Yandex securities directly on Russian stock exchanges. You can become the owner of a part of the capital of the Russian IT giant by purchasing shares of its actual owner - Yandex N. V company, registered in the Netherlands.
Yandex N. V. are listed on the aforementioned stock exchanges, and the order of their purchase is no different from the purchase of securities issued by Google and other joint stock companies.
To become the owner of google or Yandex securities, an investor must follow these steps:
1. Choosing an investment company
You can find out the list of companies providing services in the city of residence of the investor by typing the corresponding request using one of the search engines. With the exception of Moscow and St. Petersburg, where the list of brokerage companies reaches several dozen, most Russian cities, even rather large ones, are served by several firms.
After contacting representatives of each of the brokerage companies, you need to find out if they provide services for buying shares in the US stock markets to individuals who are not qualified investors.
2. Conclusion of an agreement for brokerage services
A service agreement is necessary to delegate to the broker the authority to buy and sell the client's shares according to his wishes. In order to familiarize yourself with the terms of the agreement in advance, you need to request an electronic copy from the brokerage company, as well as a list of services with a detailed indication of tariffs. This, as well as the preliminary preparation of electronic copies of documents, will reduce the time required to conclude an agreement in the office.
3. Opening a bank account
To replenish a brokerage account and then withdraw money after the sale of shares, you must open an account with a bank and link it to a brokerage account by signing a payment order and an order to convert funds.
4. Choosing a favorable time to buy shares
By tracing the dynamics of changes in the price of shares, you can determine the most appropriate moment to purchase them. Price fluctuation charts allow you to analyze the behavior of stocks over a selected period, which somewhat simplifies the analysis task.
5. Conclusion of the transaction
The scheme of a client's work with a brokerage company assumes the possibility of submitting an order for the purchase or sale of shares over the telephone. For this, the client is given several payment passwords, each of which has its own serial number. During a customer's telephone request for the purchase or sale of securities, the broker asks for the password number and its value, and then carries out the operation.
