In the app and website, footballers are listed in the “Top 200”and a list of “Squad Players”. In the Top 200 list, the highest priced 200 footballers from the previous day are available to trade.
Footballers are promoted and relegated from the Top 200 at midnight each day, and remain in that list until midnight the following day. Footballers in the “Squad Players” list can be traded and are eligible to win Match Day Dividends. Football Index will introduce up to 50 footballers per day at a price of their discretion. The addition of a new footballer is referred to as an IPO (Initial Public Offering). These IPOs and an estimated introductory price will be published on http://footballindex.news at noon the day before, but specific timing of the IPO will not be announced.