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FI Order Books - WHAT NEXT...
Order books unlocks serious potential for the future of #footballindex
For the next step I’d like to see an ADVANCED or FI extra tab where we have more sophisticated trading options.
Things I’d like to see are.....
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Order books unlocks serious potential for the future of #footballindex For the next step I’d like to see an ADVANCED or FI extra tab where we have more sophisticated trading options.Things I’d like to see are.....<continued>
Margin Trading
This allows advanced and credit worthy traders to trade positions larger than their account balance to create greater liquidity in the market.
3rd party brokers could supply this service for FI, but it would allow the market to explode & attract HNWI
This allows advanced and credit worthy traders to trade positions larger than their account balance to create greater liquidity in the market.3rd party brokers could supply this service for FI, but it would allow the market to explode & attract HNWI
Stop Loss Orders
Many traders want to manage their risk but if we put in sell orders it will lower the buy now price.
A stop loss order only becomes a sell order when the price reaches the designated level.
This allows traders to set exit prices & better manage risk.
Many traders want to manage their risk but if we put in sell orders it will lower the buy now price.A stop loss order only becomes a sell order when the price reaches the designated level.This allows traders to set exit prices & better manage risk.
Uncapped Sell Orders
Most short term trades have an exit point in mind, which may be way above the current price. The current 10p is prohibitive.
Traders can manage larger portfolios of players if they can have their exit orders pre-defined waiting to be filled.
Most short term trades have an exit point in mind, which may be way above the current price. The current 10p is prohibitive.Traders can manage larger portfolios of players if they can have their exit orders pre-defined waiting to be filled.
Forward Dated Orders
Currently we only trade in the spot market.
Trading at forward dates would allow many more opportunities.
See a player has a good run of fixtures next month and want to get in IPD window? Put a fwd buy trade in to get in at the opportune moment.
Currently we only trade in the spot market. Trading at forward dates would allow many more opportunities.See a player has a good run of fixtures next month and want to get in IPD window? Put a fwd buy trade in to get in at the opportune moment.
Allow Bids Above Cash Balance
See 2 guys you think are undervalued but have limited cash balance?
Bidding your balance on both adds liquidity & maximises the opportunity on the trade that gets matched 1st
Your open bid on the other can be reduced as your trade is matched
See 2 guys you think are undervalued but have limited cash balance?Bidding your balance on both adds liquidity & maximises the opportunity on the trade that gets matched 1stYour open bid on the other can be reduced as your trade is matched
There are many more potential add ons that before the intro of order books were impossible.Today everyone is getting used to the new index and the above concepts may be alien to many.The growth potential of FI has never been better and sale orders are just the start 
