10Mon·

I have a small mini position of $YNDX yandex NL0009805522
how do I get it out of my portfolio? I don't even want the money. I just don't want the shares anymore. I am a Flatex customer. Do you have any tips?

5 Comments

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At Comdirect, there is a process for this, called derecognition or something. Look at Flatex in the FAQ or call there if they offer such a service.
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Normally, you can have it deregistered. If you don't want to wait until it is tradable again in a few years, I can understand that.
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Book out worthless. There are usually applications for this at the broker. Just write to one of them.
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Brokers have forms for "worthless write-offs". Important: These requested write-offs do not fill the loss pot!
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Why not leave the stock in your portfolio? Can your situation deteriorate again at the moment? I think writing it off will make the loss permanent, but with luck waiting could still save something in 5-10 years. Or am I seeing things wrong?

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