Did Order Books Kill the Market?
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The whole fiasco in regards to portfolios losing a huge % of value after order books caused a lot of traders to lose confidence in FI. Ever since, we've seen the market stagnate and perform poorly. Covid has for sure had an impact, but compared with other financial markets, FI was relatively stable.
Beforehand, when a player scored 2 goals his price would skyrocket with huge amounts of activity on the index. Now - Fernandes scores 2 goals and there's no change in his price at all.
I don't see how they can rejuvenate this market without trashing order books off.
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The above is not accurate at all. His price has moved, a lot.
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@Millerman said in Did Order Books Kill the Market?:
The above is not accurate at all. His price has moved, a lot.
U mean his sell price has gone up? Buy price is now 7.14 before the game his buy price was 7.30
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A -37p change in 24 hours despite 2 goals definitely counts as moving, sure.
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No I mean check out his price. His price in the last 24has changed. And a massive amount since kick off.
The new norm at the moment is cashing in on a good performance. Not holding and watching the price rocket.
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I hope he doesn’t score more
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@Dav said in Did Order Books Kill the Market?:
U mean his sell price has gone up? Buy price is now 7.14 before the game his buy price was 7.30
If someone already holds the player, why would they be interested in the buy price? The sell price has risen.
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@Honeylight said in Did Order Books Kill the Market?:
@Dav said in Did Order Books Kill the Market?:
U mean his sell price has gone up? Buy price is now 7.14 before the game his buy price was 7.30
If someone already holds the player, why would they be interested in the buy price? The sell price has risen.
Nah... I mean... unless you're counting from the point where he had no bids at all lol.
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@Dan-The-Man
Fair enough. I just assumed that it would have spiked - possibly did in small volume.I guess people don't think a few dividends are worth it if they expect the price to keep falling. It is early doors, so star player is not guaranteed. It is his last game before the international break, so people don't want the money sitting idle for two weeks in a falling market.
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@Honeylight said in Did Order Books Kill the Market?:
@Dan-The-Man
Fair enough. I just assumed that it would have spiked - possibly did in small volume.I guess people don't think a few dividends are worth it if they expect the price to keep falling. It is early doors, so star player is not guaranteed. It is his last game before the international break, so people don't want the money sitting idle for two weeks in a falling market.
Can't say I blame them, I dropped a bollock getting him mid week too. Thing is, that score is mint but Kimmich plays later so it's not a certainty that he wins either, but it is against Dortmund, so might still be in with a chance.
