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Escrow time
All shares purchased with funds from your Mandatory Account will be held in escrow for 30 days. You may then choose to sell these shares or keep them in your portfolio. This also applies to shares purchased from NASGO Account during Soft launch (which ends Feb 12th 2014). After the Soft Launch period, share purchased from NASGO Account vill have no escrow time.
30
ESCROW
DAYS
Selling Shares
When you want to sell shares in NASGO: 1. Click on Companies and go to the company you want to sell shares in. 2. Go to Trade [company name] w- shares , select how many wshares you want to sell and to what price. 3. Click Place SELL Order. NOTE! Available after Soft Launch only! (Feb 12th)
AUTO PURCHASE
Every sunday 14:00 CET during soft launch
Courtage Fee
For each sell trade in NASGO, there is a courtage fee for that transaction. This is a small fee which all trades and stock exchanges use to cover their expenses and administration. All sell orders will be subject to a 4% fee. We will distribute 75% of all courtage fees back to the Wenyard members as a Recurring Bonus
4%
Terminology
Total amount of w-shares is the number of shares you have in your portfolio. Total Value of w-shares is the total value of all your shares in your portfolio. WFO escrow value represents the value of WFOs that are not yet released to your Mandatory Account NASGO account balance shows the balance of the account which you can use to transfer both from and to your Wenyard Account. You can also buy W-shares using this account and will then receive shares which are not locked (escrowed). Mandatory account balance shows the balance of the account which you use to buy locked W-shares with. These shares will be locked (escrowed) in 30 days before you can sell them again.