It's been on the lips of every Football INDEX trader ever since it was confirmed last month and now the 2nd share split is nearly upon us. Traders are reminded to clear their diaries for 7pm on 18 March 2019 to make sure they are ready to hear full details being announced.
For more details of the previous share split and our thoughts on what to expect from the upcoming Football INDEX Share Split, please take a look at our previous articles:
The details will be released via Football INDEX's usual sources - including of course Twitter and their dedicated news website:
We would also expect there to be a dedicated web page released similar to those released to the public for other important platform changes, such as the introduction of In-Play Dividends and Match Day Performance Buzz.
Traders should also remember that the market will be suspended for 30 minutes from 19:00 until 19:30GMT on the 18th so that everyone can fully consume the information before making any trading decisions. It should be noted however that whilst trading will be suspended, traders will still be able to deposit and withdraw during this time.
Details that will be confirmed are the share split factor and the new Dividend payout table. Speculation is still leaning towards a factor of 4 share split (in keeping with the 1st share split), but at this stage no one outside of the Football INDEX offices can state this for certain!
Most traders will have their eyes firmly on the new dividend structure and it will be interesting to see if Football INDEX suggest they could be further tweaked in the near future.
Finally, we could potentially also hear details that Media Buzz Rankings could be opened up to every player on the INDEX and not just the current top 200 as it currently stands. This is only a rumour based on technical issues faced by Football INDEX during the recent prolonged market maintenance. But with hints from FI that this could be on the cards, it would make sense to announce this along with the share split so that traders can fully gauge all changes at once.
So a reminder once again that details of the upcoming Share Split will be released by Football INDEX at 19:00GMT on 18 March. The Share Split itself will take place on 26 March 2019.
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