Disclosure - I own shares in Dybala, De Ligt, and A.Gomez

With Ligue 1 curtailed months ago and the Bundesliga already drawn to a close, only the Premier League, La Liga, and Serie A remain as PB leagues still being played.

With 6/7 match days in the Premier League and La Liga remaining, Serie A stands out with 10 full match days remaining. With the provisional fixtures dates currently, Serie A teams will likely get 2 or 3 rounds of fixtures as the only PB earning teams in FI.

This is further compounded by the upcoming dividend increase on July 9th with which Serie A is set to gain an early advantage from 7 match days set to occur after the dividend rise. Compared to Premier League teams only benefitting from 4/5 match days of the remaining 19/20 season overlapping with the dividend increases, and La Liga teams only benefitting from a crossover of 3 or 4 matches.

The cherry on the top is that Serie A fixtures are so compacted for the remaining match days that you could buy shares in a player in the next few days and be eligible for IPDs for up to 9 match days.

Personally, I think this provides a fantastic opportunity to purchase Serie A players. Benefit from the natural moat of Serie A being the only PB league for 2/3 match days, receive the most short term benefit from the PB dividend increase, and finally benefit from the IPD 30 day blanket covering up to 9 match days.

That is HUGE.

The matching engine isn't a matching engine, its a buying engine. Matching requires two equally able sides. Until it is possible for sellers and buyers to dictate prices, it is not a matching engine.

Once they introduce the selling side, I think we'll see a tumultuous correction in prices as spreads reach their true market-dictated levels, not the current artificial spreads where sellers are handicapped.

@howsthebacon said in Time to say goodbye rev 2!!:

So...how about those Adil Aouchiche shares ey

Fuck off you cunt!!!!

FI should've led with messaging of perspective, rather than £1bn market cap and so on. You can't blame people for being excited by FI's own messaging.

People ignoring the existence of FI dividends is frustrating. That is the simple but significant difference between FI and a ponzi scheme. It shouldn't be so hard to grasp, but apparently it is.

FI can't be 37.8343% ponzi scheme. It either is or it isn't. And, spoilers, it isn't.

Is it being banned for a "different opinion" or using the forum as a parasite for a rival company?

Making it sounds like he disagreed with the MB system, rather than constantly posting manipulative pro-FS/anti-FI drivel.

People are acting like football is attempting to leapfrog the lockdown process, when in reality all these discussions are focused on being prepared and ready to start up again IN LINE with the rest of their respective countries.

The respective leagues needs weeks or months to prepare, this is what is happening. I'm surprised so many people are against timely planning and preparation.

@Londoner Times parameters meaning limits or boundaries on the times in which you can trade.

Previously it was 24 hour window for each day. It has now, temporarily, been reduced to a 15.5 hour window each day. However just because the time window has been limited, parameters have been put in place, it does not necessarily mean that the volume of trading has been affected.

For example, £1m of trading might have occurred in a 24 hour period, whereas now that £1m of trading may still occur, simply in the 15.5 hour period instead.

FI will be looking at this. They will know it is not as simple as less time resulting in less trading.

@Londoner said in Market Update 21/09/20:

@Rocky-Raccoon said in Market Update 21/09/20:

@Londoner Thats assuming that less time = less being traded, for all we know the same volume of trading or higher could be occurring simply within different time parameters.

Its not necessarily as simple as less time = less being traded. Its also assuming that any trading benefit of no time limits outweighs all other considerations. Which as we've seen this weekend is not the case.

Time zones is negligible. Of all the countries legally able to trade on FI, only Canada have different time zones. FI will be returning to 24hrs in October. That is telling.

I didn't mention time zones. Agree to disagree pal.

@Londoner Thats assuming that less time = less being traded, for all we know the same volume of trading or higher could be occurring simply within different time parameters.

Its not necessarily as simple as less time = less being traded. Its also assuming that any trading benefit of no time limits outweighs all other considerations. Which as we've seen this weekend is not the case.

Would happily see this change become permanent. I think it may actually benefit FI as well, as the perception of a limit could cause more FOMO trading.

https://trade.footballindex.co.uk/marketupdate-21092020/

Sessions

Until the end of September, we’ll be continuing our trial of Sessions - a nightly Market Downtime to alleviate the pressure Traders may feel to continually check the platform.

The Market Downtime will begin at 23:00:00 BST each night. The market will resume at 07:30:00 BST each morning until 30/09/20. We will use the data collected during this period and make a further announcement on future plans before the end of September.

During the Market Downtime, all Trading will be temporarily suspended. You will still be able to deposit and/or withdraw from your Football Index account during this period.

@Black-Wolf said in Another day of silence from FI towers !:

@Rocky-Raccoon it wont fix everything no, largely because a lot of traders don’t understand whats going on and still wont understand it with Nasdaq. They will have made up their minds and want to leave but with Nasdaq in place those of us that choose to stay or learn how it works will buy the shares of those that want to leave over time and the market will recover very very quickly

Exactly, and I think the queue of people who want to leave regardless is much longer than people anticipated. The crash on Sunday didn't help things but I also don't think it has changed anything for a large number of users who want to leave the platform for whatever other non-market reasons.

After the promise of order books, NASDAQ is becoming the new market elixir. Improved technology will help but it will not fix everything.

Don't panic but also don't be surprised if we continue downwards for a while longer. Huge amount of pent-up desire to sell for various reasons, some related to FI and some not. Sell orders have provided an immediate release for all the pent-up desire to sell but it will take time to fully occur and for the market to reach a new natural level.

It should be the average of the top 300 bids, so if the highest bid is 300x£2.55 then it will be display £2.55.

However it could be an average of a range of bids, something resembling...

100x£2.54
100x£2.55
100x£2.56

If you go onto instant sell, you'll be able to see the single highest bid.

I think with a few tweaks, they can help to turn the negative sentiment around.

Adjusting the metrics behind the displayed buy and sell price to more accurately reflect the market. As has been said a million times, having displayed prices dictated by 300 shares is insane. Anything that directly changes people's portfolio values needs to be thought through again.

Its clear what the market wants - the flexibility of order books without the stark volatility. Its now about finding that balance.

Also worth mentioning that I think people have naively thought the introduction of order books would have an immediate and quick effect. The entire market will need months to fully adjust to order books. I don't mean in terms of learning, I mean in terms of transactions and price fluctuations.