Buying and selling Mount Vema securities at the Gollexi – Explainer

​January 07, 2021 – The Mount Vema Stock Exchange provides a semi 'request for quote' based system where clients place orders which are confirmed some-time later usually within 6, 12 to 24 hours depending on the volume of trade. During this period, you can continue trading but not the securities which you just bought or sold which will be marked as pending although you may not see it on your screen, until the transaction is completed.

You must also keep in mind that some orders may take up to 48 hours, but this would be a very unusual scenario which would only happen when there is a need for extra security checks in connection with a particular trader or transaction. The service is efficient and works almost like a live streaming prices platform with near instant execution of orders for various Mount Vema financial products from anywhere in the world. The products include MVG-Bond, MVG-Note, MVG-Bill, and Mount Vema stocks which can be bought and sold at any time.

It is also important to remember when trading securities at the Gollexi, you are liable to 2.5% income from investments tax regardless of your geographic location. The Gollexi will withhold 2.5% from any income you generate and submit it to His Mount Vema Majesty’s Revenue Services.
 
How to trade Mount Vema Securities

1-Visit the official homepage of Mount Vema Stock Exchange at the Gollexi ( https://www.mount-vema.com/gollexi.html ) and click on the Sign Up link.
 
2-When on the Sign-Up page of the Stock Market, fill out the form and submit with your newly created password and 8-digit reference number (it can be any number with 8 digits), and that’s it. Make sure you have your GolleCard details when filling out the form. You will not be charged but you need to register your GolleCard with your account.  

3-If you don’t have a GolleCard you can buy a GolleCard gift card at the GolleMARKET ( https://www.mount-vema.com/gollemarket-store-in-stock-gift-cards/gift-card-gollecard-gollemarket ), to set up your trader account. Note: The Mount Vema Securities and Exchange regulator has not yet authorised transactions with non-Mount Vema credit cards (such us Visa or Mastercard) when trading Mount Vema securities, unless the trader has a Mount Vema Bank account for the purpose of investment or trading securities at the Gollexi.
 
4-Once you have your GolleCard ready, you have filled out the form to sign up and submitted it, you will need to allow at least 24 to 48 hours to set up your account. After that, you can then visit the Mount Vema Postal Service Online ( https://www.mount-vema.com/postal-services-online.html ) to find the information you need to access your account and start trading Mount Vema securities.