Football Index is a real money virtual stockmarket licensed and regulated by the Jersey Gambling Commission and the UK Gambling Commission. This is a betting platform and should not be viewed as an investment vehicle.
Selling Shares on Football Index is cashing out your bet on a footballer. If your player has played well, won Dividends and reached his potential, you can Sell them - hopefully at a profit. In order for Shares to be bought or sold on Football Index, they need to be Matched with other Traders (or with Football Index through Share Issuance).
Traders place Buy Orders to purchase Shares and place Sell Orders to sell Shares. When a Buy Order matches with a Sell order, a Match occurs and a Trade takes place.
There are two ways to place Sell Orders on Football Index:
You'll be charged a 2% commission on each Share matched via Sell Orders (both Offers and Instant Sell).
All the Shares in your Offer are matched with Buy Orders.
Some of the Shares in your Offer have matched with Buy Orders, but some remain unmatched. The unmatched Shares will remain active until they’re matched or cancelled.
Shares in your Offer have not matched. You decide to cancel your Offer, and your Shares are returned to your Portfolio. You are not charged commission for unmatched Shares.
Please note Offers do not expire.
The Offer Zone is the price range you can place an Offer within. The Offer Zone Ceiling (the upper limit) is £1.50 above the Buy Now price. The Offer Zone Floor (the lower limit) is 1p above the Instant Sell price. You won’t be able to place Offers outside of the Offer Zone.
Note: You’ll be able to place a maximum of 3 Offers of up to 300 Shares per Offer per footballer at any one time.
You'll be charged a 2% commission on each Share matched via Sell Orders (both Offers and Instant Sell).