The collapse of Football Index: what can investors learn?

Sports gambling platform Football Index has appointed administrators, with customers locked out of their accounts with possible losses of up to £90m. Saloni Sardana looks at what happened, and what investors can learn.

Lewis Grabban of Nottingham Forest
EFL Championship club Nottingham Forest were sponsored by Football Index
(Image credit: © Jon Hobley/MI News/NurPhoto via Getty Images)

Global stockmarkets have been hitting record highs and it might feel as though losing money is a difficult proposition right now.

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Saloni Sardana

Saloni is a web writer for MoneyWeek focusing on personal finance and global financial markets. Her work has appeared in FTAdviser (part of the Financial Times),  Business Insider and City A.M, among other publications. She holds a masters in international journalism from City, University of London.

Follow her on Twitter at @sardana_saloni