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Post by bikeman on Oct 2, 2019 17:12:20 GMT
Looking back over my transaction history. Over the past 12 months I have a large number of lend orders with no associated contract number.
Are others accounts like this? Why?
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Stonk
Stonking
Posts: 735 
Likes: 658
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Post by Stonk on Oct 2, 2019 21:17:40 GMT
Looking back over my transaction history. Over the past 12 months I have a large number of lend orders with no associated contract number. Are others' accounts like this? Why?
Yes.
Note that there are both order numbers (beginning with O) and contract numbers (beginning with C) in the same column in the transaction history.
Some of my lend orders have order numbers (it looks like the automatic reinvestment orders do); some have a blank space (the manual orders); none have contract numbers.
Contract numbers correspond to loans. It does not make sense to put a contract number against a transaction that represents a lend order.
(a) Lend orders do not necessarily lead to loans. (b) Even if the lend order does lead to a loan, it is not necessarily a one-to-one correspondance. (c) Nor will the loan(s) be created at the same time as the lend order; it can be minutes, days or weeks later. A cardinal rule of a transaction journal is that you add new entries but do not change existing entries.
I would certainly like to see entries in the transaction history denoting the creation of loans (with the contract number attached), but RS do not do this.
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Post by bikeman on Oct 3, 2019 9:14:47 GMT
Stonk yes I did mean order numbers. Thank you for the full explanation.
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sl75
Posts: 2,092
Likes: 1,245
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Post by sl75 on Oct 3, 2019 12:19:27 GMT
Most of my re-investment orders do NOT have order numbers.
The only ones that do are the ones that are forcibly made in order to re-invest in the same loan in "rolling" market...
... so it's probably part of the technical solution that forces a re-match at the same rate.
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