FAQ

• On which markets may I invest?
  
• What are “real time quotes” and how may I consult them?
  
• Example real time quotes : Mr Jones has a trading account and activated the real time quotes. What can happen on his trading account?
  
• Example real time quotes: Mr&Miss Jones have each a logon with which they have access to the same trading account. The real time quotes are activated on it. What can happen on the trading account?
• How do I settle my trading account?
  
• How do I know whether my transaction has been executed?
  
• Is day trading possible?
  
• What is the difference between a stop order and a stop limit order?
  
• General risk warning concerning financial instruments
  
• How is the BEP calculated?
  

  The break even price (BEP) is a general concept in the financial world, but can be calculated in various ways.
  The break even price (BEP) of a position of your trading account is the selling price which should be obtained to reconstitute your start-up capital, taking into account the operations (buy/sell) that you will have carried out on this position.
  
  Imagine this situation: You buy 1000 shares X at € 50.00. At that moment you will have a BEP of € 50.00.
  However, if you sell 500 shares X at € 65.00, the BEP will change to € 35.00.
  

  Calculation:

  • buy 1000 * 50.00 = 50,000
  • sell 500 * 65.00 = 32,500
  • The total value of the purchase is now reduced with the value of sale and that result will be divided by the number of available shares X in your portfolio.
  • 50000 - 32500 = 17500
  • 7500/500 = 35
  Attention: In case that you would liquidate a position one day, and that you would take again a new position on the same share the same day. In this case, the two transactions carried out on the same day will be understood as an activity of "day-trading", and they will be excluded from the calculation of the BEP. Consequently, the calculation of the BEP will continue to consider the values of the preexistent position.

• Which are the value dates for the revenue of a sell?