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We are currently stuck in an unbalanced market.
We want:
Buy Now prices to grow the market;
but we also want:
Narrow spreads and people bidding to provide competitive Sell Now prices.
How do #footballindex fix this and find the right balance?
Continued...
We want:
Buy Now prices to grow the market;but we also want:
Narrow spreads and people bidding to provide competitive Sell Now prices.How do #footballindex fix this and find the right balance?
Continued...
What’s the problem?
Apart from individual events which create sudden demand, we are seeing only downward pressure on the Buy Now price.
We want to see Bid Prices tracking a rising Buy Now price but instead we are seeing the opposite.
Apart from individual events which create sudden demand, we are seeing only downward pressure on the Buy Now price.We want to see Bid Prices tracking a rising Buy Now price but instead we are seeing the opposite.
Comm on Bids is NOT the answer
2% commission on bids will just decrease bids by ~2%
It diss-incentivises bidding high as opposed to incentivising using the Buy Now.
2% commission on bids will just decrease bids by ~2%It diss-incentivises bidding high as opposed to incentivising using the Buy Now.
How to incentivise Buy Now?
I suggest...
Enhanced dividends for Buy Now vs Bids.
Either through halving or removing IPD for Bids or increasing the IPD window for Buy Now.
Bids already have the advantage of buying at a discount. It’s time Buy Now offered a benefit.
I suggest...
Enhanced dividends for Buy Now vs Bids.Either through halving or removing IPD for Bids or increasing the IPD window for Buy Now.Bids already have the advantage of buying at a discount. It’s time Buy Now offered a benefit.
Finding the balance.
In a thin market whatever FI do it will impact either the Buy or Sale side and many will argue whatever happens.
But right now we DO NOT HAVE BALANCE and therefore some form of incentive for Buy Now needs to be found.
In a thin market whatever FI do it will impact either the Buy or Sale side and many will argue whatever happens.But right now we DO NOT HAVE BALANCE and therefore some form of incentive for Buy Now needs to be found.
What about Bids then?
FI have gone from providing a price on EVERY player to ZERO players.
We have seen how thin this spreads the market putting this on traders to fill the gap.
It is time FI step back in and provide a bid price for SOME of the market to keep it liquid.
FI have gone from providing a price on EVERY player to ZERO players. We have seen how thin this spreads the market putting this on traders to fill the gap.It is time FI step back in and provide a bid price for SOME of the market to keep it liquid.
Why would FI do this?
With prices crashing it means FI buying a lot of players DECREASES their dividend liabilities whilst offering VITAL LIQUIDITY to a depressed and stretched market.
It also provides a TRANSITION PERIOD between now & having more market makers.
With prices crashing it means FI buying a lot of players DECREASES their dividend liabilities whilst offering VITAL LIQUIDITY to a depressed and stretched market.It also provides a TRANSITION PERIOD between now & having more market makers.
Patience is key
The problems we are facing right now are due to MARKET MECHANICS .
The underlying product is still AMAZING.
It is now on @FootballIndex to find the right balance and create the optimum platform for us all to enjoy again.
The problems we are facing right now are due to MARKET MECHANICS .The underlying product is still AMAZING.It is now on @FootballIndex to find the right balance and create the optimum platform for us all to enjoy again.
