Trades
A security can be a share, a bond or an investment certificate. You should always create an investment profile to ensure your investment matches your risk profile, investment horizon and capacity for loss.
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Types of trade
When you trade via Danske eBanking and want to place an order for an amount in DKK and use ‘market order’ or ‘market order with limit’, the order is placed in the market in units, as the amount is converted into units at the latest available price or at a limit price if applicable.
To avoid excessive discrepancies, you should only place an order in units when you use ‘market order’ or ‘market order with limit’.
Types of trade Immediate trade: Executed immediately. That is, the trade is executed when updated in the system. Market order with limit: The ‘Market order with limit’ trade type means that the bank chooses the trading venue and seeks to execute the order in the manner most beneficial for you while taking into account the applied limitation, according to the principle of ‘Best execution’.
The limitation states a minimum price when selling and a maximum price for buying, and also states how long the limit order should be valid.Market order: You may get the most recent trade price. In a very volatile market where prices are continuously rising and falling, you will probably be able to trade at a price very close to the most recent trade price.
What to do- Log on to Danske eBanking
- Click ‘Investment’ in the top menu
- Under ‘Trade’ select ‘Create trade’
- Select ‘Buy' or 'sell’ for the relevant securities
- Click the question mark in the upper right corner. This is where you can find more help with trading securities and the various types of trade
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Trading limits
When entering an order under ‘immediate trade’, you may encounter the text ‘Trading limit for immediate trade has been exceeded’. Perhaps you have entered an amount in DKK without changing the label in the system from unit to amount in DKK.
For example, if you entered 10,000, the system thinks you want to trade 10,000 units and not for DKK 10,000. Therefore, the trading limit for an immediate trade will in many cases be exceeded.
What to do Mobile Banking- Log on to Danske Mobile Banking
- Select ‘Investment’ on the top menu
- Tap 'Search and trade'
- In the exceeded order select amount in DKK instead of units
What to do Danske eBanking- Log on to Danske eBanking
- Click ‘Investment’ in the top menu and under ‘Trade’ select 'Create trade'
- Click the drop-down in the order and select amount in DKK instead of units
Note
Trading limits: The trading limits for immediate trades vary from one security to another depending on how frequently the security is traded on the market. Trading limits are regularly adjusted. If you want to trade for an amount that is higher than the trading limit, call us or use the order type ‘market order with limit’. - Log on to Danske Mobile Banking
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Immediate trade not possible
You want to execute a trade, but the system does not give you the option of selecting this order type. This is because Danske Bank does not offer immediate trading in the selected security.
Danske Bank offers immediate trades in a range of Danish and international securities. Immediate trades are typically available for the most frequently traded bonds and shares (market securities). Changing market conditions give rise to regular changes in the securities that can be traded immediately.
Immediate trades can be executed Monday to Friday between 9.00am and 10.00pm
The time period for immediate trades in international securities depends on the opening hours of the stock exchange on which the security is traded.
If you cannot execute an immediate trade, you may instead execute your trade using a different method. -
Changing a limit order - Danske eBanking
You delete the order in Danske eBanking and create it again with a new limit price or a new number of units.
What to do – shares- Log on to Danske eBanking
- Click ‘Investment’ in the top menu
- Under ‘Trade’ select ‘Active orders’
- Click the arrow next to the order and click ‘Delete’
What to do – bonds
Contact us or wait for the order to expire. You cannot change or delete a bond order via Danske eBanking.
What does it cost?
Deleting your order is free of charge. -
Price changed before the trade was accepted
If you are in the process of placing an immediate trade order, you may be stopped by the text ‘Price changed before the trade was accepted. The trade has NOT been created’. This means that- the price has changed since you entered your personal password and clicked ‘OK’
- the trade has not been created
How to create the order again - Mobile Banking- Log on to Danske Mobile Banking
- Tap ‘Investments’ in the top menu
- Tap ‘Search and trade’
- Enter your order again
How to create the order again - Danske eBanking- Log on to Danske eBanking
- Click ‘Investment’ in the top menu and select ‘Create trade’
- Enter your order again
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Investment profile
When you have an investment profile, you receive a recommended allocation for your investments in shares, bonds or cash. Your investment profile takes into account your wishes, when you need the money, how great a risk you are prepared to take, and how much of a loss you can tolerate.
What to do
Book a meeting
What does it cost?
Creating an investment profile is free of charge.
