Brokerage service at NORVIK BANKA


We take into consideration a variety of investment interests of our clients. The brokerage services of NORVIK BANKA provide the opportunity to perform operations on all world major stock exchanges and work with the whole spectrum of investment instruments via a single broker.

> Fees on Brokerage services


Experts of NORVIK BANKA will advise a client on all issues relating to his investment activity, including:

  • explain the advantages of various financial instruments
  • advise on particular financial instruments for purchase
  • inform about latest events and trends on stock markets
  • go into more detail about types of orders and the process of auctions 

Trade in Financial Instruments

Assisted by NORVIK BANKA experts, you can trade in the following financial instruments:

Financial instruments Description
Bonds
  • government
  • corporate
  • municipal
  • emerging markets
  • eurobonds
  • rouble bonds
Equities
  • Russian market (RTS [“Russian Trading System" Stock Exchange], ММВБ [MICEX – Moscow Interbank Currency Exchange])
  • US market (NYSE, NASDAQ, AMEX, NYMEX)
  • European markets
  • Baltic market
  • Index funds
Options

Futures contracts  
  • exchange rates (EUR, JPY, GBP, CH)
  • stock exchange indices (DJIA, S&P500, NASDAQ 100)
  • interest rates (prices of the USA state bonds)
  • single equities
  • metals
  • oil and energy carriers
CFD contracts for difference in prices of financial instruments (equities, stock indexes, currencies etc.) on exchanges in US, Europe and Asia

Orders for Transactioning

Orders for transactioning are accepted by brokers via telephone, fax as well as in the e-NORVIK Internet banking system 9 a.m. to 9 p.m. Riga time (10 a.m. to 10 p.m. Moscow time). By prior arrangement the broker’s business hours may be extended to 11 p.m. Riga time. Twenty-four-hour trading is available within the Internet trading service.
 
Orders for transactioning are taken by calling: (+371) 67011561, (+371) 67011616.

Types of orders for transactioning

At the time of ordering the terms of the forthcoming transaction are negotiated with the broker, who also can:
  • inform about current market quotations
  • acquaint the client with the latest events on stock markets
  • present trading ideas and recommendations
  • execute orders at market price and confirm their execution to the client
  • all types of orders are accepted for execution (Market, Limit, Stop, Short, OCO and other)
Client Identification: 
  • name of the client´s investment account
  • number of the client´s investment account 
  • password
Necessary Terms of Transactions
  • type of operation (purchase, sale, etc.) 
  • denomination of securities or financial instruments
  • their quantity 
  • price or its identification mechanism (for example, market price)

Additional Opportunities

Apart from prompt and high-quality execution of trading orders we offer to our clients: 
  • free access to stock markets in US, CIS and European countries
  • VIP-level service at the most competitive and best for you tariffs in the Baltic countries
  • additional financing of transactions (REPO transactions)
  • unified bookkeeping of your accounts and a package of depositary services (custody of securities)
  • transactioning with odd lots
  • transactioning after-hours (on particular markets)
  • the opportunity to participate in primary distributions of securities issues (IPO-initial public offering)
  • consultations by bank experts and analytic support  
Our clients can also subscribe for analytic materials from leading analysts of the Russian stock market and markets of futures contracts. The experience of the bank’s investment managers allows them to provide clients with trading ideas on a regular basis.

Within Internet Trading we give our clients the opportunity to independently perform online trade in financial instruments on all world financial markets by means of electronic trading systems.