Buying and Selling Fantasy Stocks

We’ve made buying and selling stocks super easy on the platform, but here is some additional information you should know.

You may buy up to 500 virtual Stocks of any Cricketer at the published buy price in a single transaction, providing you have the sufficient funds in your Sixer Wallet including trading fees. The maximum number of virtual Stocks you can buy in a single transaction may change from time to time in certain scenarios. For rare circumstances, we reserve the right to suspend the ability to buy virtual stocks, temporarily or otherwise for a specific Cricketer, or all Cricketers.

When you buy a virtual stock, the requisite amount is deducted from your Sixer Wallet, and the virtual stocks are transferred to your “Portfolio”. This Portfolio always displays the number of virtual stocks you own in all your Cricketers, and it also shows the current Unrealized Gain/Loss for the specific Cricketer. The Transaction History section presents a history of all your transactions on the Sixer platform. Every buy and sell order is displayed there, including the time stamp.

Similarly, you can sell up to 500 Virtual Stocks of any cricketer at the published sell price in a single transaction. Once your order has been confirmed and completed, your Sixer Wallet will be credited with the requisite amount. The maximum number of virtual Stocks you can sell in a single transaction may change from time to time in certain scenarios. For rare circumstances, we reserve the right to suspend the ability to sell virtual stocks, temporarily or otherwise for a specific Cricketer, or all Cricketers.

There is a limited quantity of stocks that are available every day, so make sure you are keeping a track of the quantity!

In-Match Trading

In-match trading or trading in fantasy stocks of a player who is part of an ongoing match may or may not be available, which will be conveyed beforehand while a fantasy stock is being bought.

Similar to buying a fantasy stock, selling a fantasy stock may or may not be available for a player who is part of an ongoing game.

There is a limited quantity of stocks that are available every day, so make sure you are keeping a track of the quantity!

You may be restricted to only buying a certain number of stocks in each player per day or in total.

Super and Standard Assets

For selected players, you can buy two types of fantasy stocks depending on your preference, skill and knowledge:

Standard Assets: 0-100 Scoring and Pricing

Super Assets: 0-200 Scoring, Pricing and Long/Short Positions

Standard Assets are not available for Women’s cricketers and are only exclusively available for some men’s cricketers.

Shorting

Shorting feature allows one to earn when the value of the asset falls, based on your skill and knowledge of the game. You can buy Short positions in a player if you feel that the player will not perform well in the future.

For example: Assume that the current price of a player ‘A’ is ₹50 per fantasy stock and you buy 100 fantasy stocks worth ₹5000 in Short Positions. If the player doesn’t perform well in the next few matches and the price drops to ₹40 per fantasy stock, then you will get the profit of ₹1000 on your initial investment.