KickOffers

Glossary

Active Orders

Orders inserted in the Trading Platform but not executed yet on the Market.

Admission Document

Document prepared by the Issuer, requested by the Stock Exchange for the Listing of the Bond, containing all information relative to the issue (e.g. terms of the loan, Issuer’s financial statements).

Algorithm

Statistical method developed to estimate the Initial Player Value. The Algorithm estimates the value of the players based exclusively on the clubs’ and players’ historical statistics.

Average Weighted Purchase Price (AWPP)

Average cost of acquisition of the Bonds based on weighing the purchase prices according to the corresponding amounts purchased.