SPOXCHANGE is a stock exchange where every sportsperson is considered a scrip and registered users can trade (buy/sell) these scrips. A user can buy/sell scrip of his/her favorite players or on the basis of their hunch so as to maximize their portfolio value. The exchange functions in a typical manner where stock value changes with changes in demand and supply for the respective stock. This in turn depends on the players past, current and expected performance. The higher the demand, the higher the bid and the higher the price is expected to go.

How to Register @ SPOXCHANGE

Registration @ SPOXCHANGE is simple, easy and free. Every Registered user gets 5000 SPX on completion of registration.Click here

 
How to Buy @ SPOXCHANGE

Once you are a SPOXCHANGE member you have your personal Account. All you need to do is log into your account to trade. Based on the SPX credit you hold in balance, you can carry out a buying transaction by going to the ‘BUY’ option on ‘My Account’ page. All the registered members can Buy/Bid their scrip into the market for their intended value which should not be higher than circuit limits (+/- 10% of the Market/Listed Price). You just have to input your preferred quantity and the appropriate Bid Price for the scrip you wish to buy.

How to Sell @ SPOXCHANGE

To sell/offer your scrip in the market you can go to the ‘SELL’ option on ‘My Account’ page and carry out a selling transaction. Again, you can offer the scrip for the intended value not higher than circuit limits (+/- 10% of the Market/Listed Price). You also have to input your required quantity and the appropriate offer price for the intended scrip, to sell.

How to earn SPX @ SPOXCHANGE

On registration, every user gets 5000 SPX for free. These can be used to buy stocks of players who are expected to perform well depending on your hunch. On a player’s good performance, all users who own the share of that player will get dividends (SPX) which can be further used to trade (buy/sell) stocks. Throughout the trading season, you can trade stocks of sportspersons and maximize your portfolio value. Every transaction will lead to a personal profit/loss and hence more transactions are encouraged.

Register for an Initial Public Offer @ SPOXCHANGE

With introduction of new players @ SPOXCHANGE, we will be releasing IPOs for their stocks. IPO is offered to build its share capital as it happens in normal stock markets. There will be a specific window during which you can apply for the forthcoming stock with the bid quantity and price within the given range. Once the IPO is closed the applicants are allotted the shares in electronic mode and the balance of application, if any, is refunded. If no shares are allotted, the entire bid quantity is refunded.