Why do we remove shares from account?
There are times when you want to remove shares of a security from an account without affecting your cash balance. For example, if the security has been privatized, these transactions are different from Sells, and TradeMax provides you with such a function to better manage your portfolio .

Follow the step-by-step wizard to remove shares from the account.

  1. Select the record from which you want to remove the shares.

    Learn more about: How to select trade records.

  2. Right-click on the selected record and select the Event Append in the context menu, then choose Shares Removed from Account from the dropdown list
  3. A dialog box will pop up:
  4. Type the information into the box:
    • There are two kinds of transaction in the dropdown list: Shares Added to Account and Shares Removed from Account. The default Transaction depends on your location in previous step
    • Select the Transaction Date with your mouse or enter using your keyboard

    • Account is the account to which the selected record belongs .
    • Security Name is the name of the security you have selected. You can select security name from the dropdown list. If the security name dosen’t exist in the dropdown list, you can selectto add a new one through editing the dialog box.Learn more about: Symbol box parameter
    • Enter the number of shares you are removing
    • In Notes field, you can enter a description or leave it blank.
  5. After checking the information, click the OK button to continue the process. You will see the following grid:As you can see from the above picture, the new record is generated automatically.
  6. You can cancel this action with the Undo Button in the trade tab.