There is no minimum period that you are required to hold a share for. You can sell a share immediately after receiving the trade note (by way of email) confirming the execution.


When you sell a share, it will take up to 5 (five) business days after the date of trade, forĀ the proceeds of the sale to be paidĀ into your account. Eg. If you sell an instrument on a Thursday, the proceeds of the sale will only be available in your account on the Thursday of the following week.


This is in line with the JSE's Equities Rules which currently works on a settlement period of 3 days after the date of the transaction (referred to in Investment terms as T+3) and the EasyEquities Terms and Conditions (which govern the use of the Bidvest Bank Investment platform) which make provision for a maximum of 5 business days for settlement to allow time for conclusion of the settlement processes.