Welcome on the EC2016 Stock Exchange
On the EC2016 stock exchange of footballexchange, traders trade in stocks of the 24 participating countries of the European football championships of 2016. These stocks are issued in baskets, which can be bought for €2.50 and contain all the countries.
In the market you can:
1. Buy: You specify the price you are willing to pay for a stock and how many stocks you want to buy: the bid-price, bid-amount.
(Note that if no trader wants to sell the stock for this price, there will be no trade.)
2. Sell: You specify the price you are willing to sell the stock for and how many stocks you want to sell: sell-price, sell-amount.
(Note that if no trader wants to buy the stock for this price, there will be no trade.)
The traders determine their prices on the expected future value of the stocks.
At the end of the championship the value of the stocks are as follows:
-One stock of the champion has a value of 80 eurocents.
-One stock of the losing finalist has a value of 40 eurocents.
-One stock of a losing semi-finalist has a value of 25 eurocents.
-One stock of a losing quarter-finalist has a value of 10 eurocents.
-One stock of a losing eighth-finalist has a value of 5 eurocents.
-All the other stocks are valued 0 eurocents.
To trade in the market your browser must have the right settings. Please check if your browser is ok.