As we continue to enhance our platform, we are pleased to introduce the ability to place sell trades by value - giving you greater control while reducing unnecessary cash drag.

By selling a specific monetary amount through a raise trade, we avoid overselling, keep clients invested for longer, and remove the administrative overhead of reinvesting surplus cash.

When you follow the internal movement or withdraw journey, you’ll now see two clear options:

• Sell by Value — Ideal when you need to raise a specific amount of cash.
• Sell by Units — Useful when you know exactly how many units you want to sell. (a 10% buffer is included when you sell down via units to ensure enough funds are raised due to market fluctuations)

Please note, the raise trades functionality works differently for the 'Sell journey. You can find out more here: Selling/Disinvesting Tool – Söderberg & Partners Wealth Management

A Quick Reminder on Timings

• When a trade is placed on the platform, it will show on the transactions list and this will have a status of Pending which means the order has been placed, at this point it is not possible to reverse it. 
• ETI's/ETF trades are aggregates; Sell orders are placed at 3pm and Buy orders are placed at 3:15pm. 
• All other fund types are aggregated and sent to market twice a day, once at 7am and 1 hour prior to the valuation point.