Our goal is to build a trusted marketplace for both buyers and sellers.
When buyers commit to buying, they may be doing so in a supply-limited and competitive context - but still have choice. When a buyer 'wins' a lot and it is subsequently cancelled or not honoured by the seller, this creates a poor experience that damages trust in our marketplace. Therefore, we encourage sellers to only list shares they genuinely intend to sell.
What is the penalty?
If you cancel or fail to respond within 3 days to a sell request that has a buyer, you will be restricted from selling shares in that specific business for 60 days.
While it is within a seller's rights to decline a sale, we ask that you consider the other party's position before doing so, and only list shares you genuinely intend to sell.