Glossary of Terms

Glossary of Terms

 

Term Definition

 

Accept Price Movement This is a function when buying Shares which, if accepted, your purchase will go through even if the price of the Shares moves during the transaction.

 

Bet

 

This refers to a fixed-odds bet on the ‘future success’ of a footballer on the platform. Your Bets/Shares are shown in your Portfolio.

 

Dividend It is a fixed daily payout on Shares held in your Portfolio.

 

Dividend Table Here

 

Football Index A revolutionary gambling platform, similar to a stockmarket, where traders can bet with real money on the future success of the world’s top footballers.

 

Eligible Competitions The top leagues in Europe (Premier League, La Liga, Bundesliga, Serie A, and Ligue 1), the main two European football tournaments (Champions League and Europa League) and the main two national team competitions (World Cup and European Championship). The Eligible competitions may also include additional competitions as and when they are available. These are the eligible competitions in which you can win Match Day Dividends.

 

Eligible Matches The Premier League, La Liga, Bundesliga, Serie A, Ligue 1, Champions League, Europa League, World Cup, European Championship and Nations League. These are the eligible matches in which you can win In-Play Dividends.

 

Footie A daily measurement of the performance of the whole Football Index market.

 

Game Rules These are the official rules of Football Index. It is really important that you read and understand these Game Rules before placing a Bet, particularly as these may change from time to time. They may also have a material influence on whether and how you place any Bet and/or otherwise use Football Index.

 

Initial Player Offering (IPO) We may introduce up to 50 footballers per day (Mon-Fri) at the price of our discretion.

 

In-Play Dividends (IPD) These are payouts on all positions that score goals/get assists, and goalkeepers that keep a clean sheet. See In-Play Dividends for more info

 

Instant Sell This means you can cash out your Bet early allowing you to sell your Shares instantly.

 

Live Rankings

 

 

 

1.     Media Rankings is our proprietary daily monitor of specified UK online football news, which drives a daily ranking score published in list form on www.footballbuzz.guru. See Media Dividends for more info.

2.     Match Day Rankings  is our proprietary daily monitor of footballing performance on Match Days across the Eligible Competitions.

 

Match Day Dividends (MDD) These are payouts on footballers who finish top of the Match Day Rankings. See Match Day Dividends for more info.

 

Media Dividends (MD) These are payouts on footballers in the Top 200 who finish top of the Media Rankings. See Media Dividends for more info.

 

Portfolio A list of all your Shares held in one place showing cost, current value and profit/loss.

 

Published Price It is the price we publish of each footballer that reflects the levels of demand for buying or selling each footballer.

 

Sell Queue When selling and you choose ‘Join Sell Queue’ your Shares are placed in a queue for others to buy.

 

Share It is what we call a Bet. See definition above.

 

Spread The difference between the Buy price and Sell price.

 

Squad Players A list of all remaining tradable footballers. All these footballers are only eligible to win Match Day Dividends and In-Play Dividends but not Media Dividends.

 

Top 200 A list of the 200 highest priced footballers. Only these footballers are eligible to win Media Dividends, Match Day Dividends and In-Play Dividends.

 

Trackers The purchase of 1 x Share for every one of the top 10, 25, 50 or 100 footballers in the Top 200.

 

Trader The name we use to describe a customer/user on Football Index.

 

More on the Footie:

The FOOTIE is a Sentiment Index that acts as a barometer of momentum within the Market; essentially, how well FI is performing. Much like the FTSE 100 which was launched on 3 January 1984 and had a start value of 1,000.0, the ‘Footie’ launched in October 2015 with a base value of 1,000 points.

Commission

Whichever way you choose to sell; you will be subject to a 2% commission when the sale completes. This is automatically deducted from your balance as part of the sell transaction.

There is a 1p minimum commission per transaction, so in some instances, this exceeds 2%, for example, if you sell a player for 25p.

Commissions are common on trading platforms, and 2% allows us to be competitive vs industry standards and helps us maintain and improve the platform.’

Spread

The difference between the Buy price and the Sell price is known as ‘The Spread’. This is common to all financial and bettings markets. You may have even noticed the difference between the buy and sell price when you change currency to go on holiday.

The spread can change on individual players, or the market as a whole, from time to time.  Low liquidity can result in a temporarily larger spread while the market adjusts.

IPO

Initial Player Offering or IPO for short, is the process on Football Index where new footballers are introduced to the platform and are available to purchase from the market.

Traders will be informed the day before of the release what players are being promoted to the platform, and what price they will enter the market at. Traders will be able to find the list of players that are being promoted and their price on www.footballindex.news. The price of a footballer is predetermined, and this will decide whether the player will be introduced directly into the Top 200 or Squad Players.

Traders can request players to be added to the market via email to our Customer Support team at support@footballindex.co.uk or by tweeting us at @FootballIndexUK.

 

Learn more about Football Index:

Learn How To Buy and Sell Shares

What Is A Dividend

Media Dividends

Match Day Dividends

In-Play Dividends

Top 200 and Squad Players

Still not sure? Watch our videos

Ready? Start trading here or register here

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