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How Do I Sell Shares?

Go to your Portfolio and click the SELL button. 

You may be able to cash out your Bet early (for either more than you paid for the Bet or for less) by clicking 'Sell' on the Shares you hold in your Portfolio (up to a maximum of 100 Shares per transaction). You are able to sell your Shares in two (2) ways (both of which we take a 2% commission fee and a minimum of 1p from each completed sale transaction):

1. Go To Market

You are able to cash out your Bet by clicking ‘Go to Market’ on the Shares you want to place in a queue for other users to buy (“Sell Order”). We cash out the Bet subject to finding another user who will 'buy' your Sell Order. We cannot guarantee a price. Your Shares will be sold at the Published Price at which the Sell Order was completed rather than when the Sell Order was placed. However, you may set a lowest price at which you accept another user to buy your Sell Order (“Reserve Price”) and may cancel your Sell Order at any time. If the price of any Share drops below your Reserve Price, we run a process that regularly checks and attempts to cancel your Sell Orders as soon as feasibly possible.

2. Instant Sell

We publish a sell price at which you may cash out your Bet early by clicking ‘Instant Sell’ on the Shares you want to sell instantly. When you confirm your ‘Instant Sell’, you cash out the Bet and we deposit the monies into your Football INDEX Account instantly. The difference between the ‘Buy’ price and the ‘Sell’ price is the “Spread”. The Instant Sell price will be the lower end of the Spread. The Spread may vary, especially in relation to Share prices that are experiencing high levels of volatility. In certain circumstances, we reserve the right to suspend Instant Sell, temporarily or otherwise for a specific footballer or all footballers.

 

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