πŸ“š NEW VIDEO: FOOTBALL INDEX ORDER BOOKS EXPLAINED πŸ“š



  • Hey all, made a quick video running through what the order book announcement means for us!

    Watch here: https://www.youtube.com/watch?v=PtId41xIkSo&ab_channel=FootballIndexGuide



  • Thanks for the video but still not going in for me yet haha.

    Don’t get what the point of offering above buy now price would be as why would anyone match that with a bid when they can buy instantly for less at buy now price?

    Also if you buy now wouldn’t they be newly minted shares? How could they be shares at the lower offer price; where would the difference in price go or do FI claim that (I’m paying buy now price and seller is getting lower than buy now).

    I think I’m gonna have to tread carefully until it hopefully sinks in.



  • @Erased-Citizen I'm with you, this has blown my simple mind haha. I'm sure the cleverer guys on the forum will patiently keep explaining it until it sinks in



  • @Erased-Citizen

    Hey mate, no worries let me try and help

    1. If there's great demand for a player, and that player gets bought at say 2.00, 2.01 etc. - and you're sitting at 2.10 - you will then sell your shares at 2.10, before anyone else.
      2)FI will mint new shares at all time highs, so in the scenario above they're minting at 2..00, 2.01, 2.02 etc.


  • @The-FIG said in πŸ“š NEW VIDEO: FOOTBALL INDEX ORDER BOOKS EXPLAINED πŸ“š:

    @Erased-Citizen

    Hey mate, no worries let me try and help

    1. If there's great demand for a player, and that player gets bought at say 2.00, 2.01 etc. - and you're sitting at 2.10 - you will then sell your shares at 2.10, before anyone else.
      2)FI will mint new shares at all time highs, so in the scenario above they're minting at 2..00, 2.01, 2.02 etc.

    Thanks. I now fully understand point 1).

    I’m still a bit confused by point 2) though as in the video you say that anyone buying at the buy now price would be matched by the lower offers. I thought buy now was buying newly minted shares from FI. As if I’m buying at buy now (say 50 shares at 2.10) how could that be matched by the lower offers (50 shares at 1.80, 1.81, etc). Do FI pocket the difference?



  • @Erased-Citizen So the buy now price is now made up of offers, the lowest offers (average of the lowest 300 shares). If there's no shares there, FI will provide a price, that they will sell at - which you can instnatly buy at. Whatever happens, there will always be a 'buy now' price. Does that make sense or have I misinterpreted the query haha?



  • @The-FIG said in πŸ“š NEW VIDEO: FOOTBALL INDEX ORDER BOOKS EXPLAINED πŸ“š:

    @Erased-Citizen So the buy now price is now made up of offers, the lowest offers (average of the lowest 300 shares). If there's no shares there, FI will provide a price, that they will sell at - which you can instnatly buy at. Whatever happens, there will always be a 'buy now' price. Does that make sense or have I misinterpreted the query haha?

    Yeah that makes sense. Thanks for explaining it as I’m completely new to order books. Looks like initially then, the buy now prices could well drop from where they are now.



  • @Erased-Citizen said in πŸ“š NEW VIDEO: FOOTBALL INDEX ORDER BOOKS EXPLAINED πŸ“š:

    @The-FIG said in πŸ“š NEW VIDEO: FOOTBALL INDEX ORDER BOOKS EXPLAINED πŸ“š:

    @Erased-Citizen So the buy now price is now made up of offers, the lowest offers (average of the lowest 300 shares). If there's no shares there, FI will provide a price, that they will sell at - which you can instnatly buy at. Whatever happens, there will always be a 'buy now' price. Does that make sense or have I misinterpreted the query haha?

    Yeah that makes sense. Thanks for explaining it as I’m completely new to order books. Looks like initially then, the buy now prices could well drop from where they are now.

    Not necessarily mate - when everyone unlists, the prices are going to rise dramatically on some players. So we might find prices settle to near to where they are now on a lot of players

    Ive got some real dogs that are going to come back to bite me on the arse though (Tammy bloody Abraham!!)



  • @ScouseSte said in πŸ“š NEW VIDEO: FOOTBALL INDEX ORDER BOOKS EXPLAINED πŸ“š:

    @Erased-Citizen said in πŸ“š NEW VIDEO: FOOTBALL INDEX ORDER BOOKS EXPLAINED πŸ“š:

    @The-FIG said in πŸ“š NEW VIDEO: FOOTBALL INDEX ORDER BOOKS EXPLAINED πŸ“š:

    @Erased-Citizen So the buy now price is now made up of offers, the lowest offers (average of the lowest 300 shares). If there's no shares there, FI will provide a price, that they will sell at - which you can instnatly buy at. Whatever happens, there will always be a 'buy now' price. Does that make sense or have I misinterpreted the query haha?

    Yeah that makes sense. Thanks for explaining it as I’m completely new to order books. Looks like initially then, the buy now prices could well drop from where they are now.

    Not necessarily mate - when everyone unlists, the prices are going to rise dramatically on some players. So we might find prices settle to near to where they are now on a lot of players

    Ive got some real dogs that are going to come back to bite me on the arse though (Tammy bloody Abraham!!)

    Yeah that’s true but I’m not sure which players will see the biggest rises. I’ve currently got a port of 41 of which only about 5 or 6 have medium/large spreads. The rest have pretty small spreads so not sure what that means for me.

    The big boost to prices from the dividend announcement at least gives some cushioning to any effects. A few weeks back I was wallowing around 0.52% profit after the FI horrors and ensuing price crashes. At that point I was hoping and maybe a little overly optimistic that I might get up to 8% by Christmas with a bit of luck and using ME when possible. However, I’m already at 8.6% and it’s only early September.



  • This post is deleted!


  • @Erased-Citizen No worries pal, glad I could help!



  • @Erased-Citizen I'm assuming if the spread is close and you think a player may score and want to get ahead of the game ?

    In theory, lots of bids going in, buying up the lower offers, drives the price up, but you've guaranteed your shares ?

    It will be interesting to see if this is used, how often and who on

    FOMO I guess


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