investibod
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Post by investibod on May 25, 2016 8:35:39 GMT
Apologies if this has been covered already, but I have not seen it.
I have QAA configured to sweep uninvested funds from the other accounts.
As the QAA is 'full', some of this swept money is queueing to get into the QAA.
When one of the other accounts (MLIA, GBBA or GEIA) makes an investment it needs to recall some of the swept money.
My question is - Does it first access money from the queue, which is earning nothing, or does it take the money from the QAA and ignore the queue?
What I have seen over the last few days has lead me to believe it is the latter, but there have not been enough transactions for me to be sure.
When the QAA was more fluid, the time spent in the queue was so short that this was not a concern. However with the queue not going anywhere at the moment it could be more of an issue.
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SteveT
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Post by SteveT on May 25, 2016 8:53:42 GMT
It takes money from the queued funds first, but only from funds in the same account of course.
[ie. if your GBBA needs funds that are already invested the QAA, with nothing queued in your GBBA, but you also have cash queued for the QAA in your MLIA, it cannot take from the MLIA account queued funds]
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Post by GSV3MIaC on May 25, 2016 9:31:33 GMT
So if I read this right, it is currently pretty pointless to send fresh cash to AC, since last time I looked the QAA and the 30 days a/c were both 'full' (not that I can find a definition of 'full' anywhere under the account marketing details), so unless I have a specific(MLIA) investment in mind, I might as well leave it off the platform??
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SteveT
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Post by SteveT on May 25, 2016 9:36:43 GMT
So if I read this right, it is currently pretty pointless to send fresh cash to AC, since last time I looked the QAA and the 30 days a/c were both 'full' (not that I can find a definition of 'full' anywhere under the account marketing details), so unless I have a specific(MLIA) investment in mind, I might as well leave it off the platform?? Yup, especially given that new fund transfers are credited hourly. Like others on here, I've been pulling funds out recently, which takes rather longer .... 
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Steerpike
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Post by Steerpike on May 25, 2016 9:48:16 GMT
I think that the total queued for investment in the QAA should be readily visible without having to select queue position from the QAA options menu.
I found £18.40 in #271 disappointing and my token investments in GBBA and GEIA did not get much of anything either.
It seems that there is a very large pile of cash waiting for loans on AC.
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investibod
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Post by investibod on May 25, 2016 9:53:12 GMT
It takes money from the queued funds first, but only from funds in the same account of course. [ie. if your GBBA needs funds that are already invested the QAA, with nothing queued in your GBBA, but you also have cash queued for the QAA in your MLIA, it cannot take from the MLIA account queued funds] Thanks Steve, good to hear! What I was seeing looked to be the opposite, but the 2 tiny investments into the MLIA were lost amongst the interest payments, so it was difficult to be sure. The amounts involved at the moment are too small to make any real difference, but it is good to have the situation clarified for the future. I only have a very small amount on the queue at the moment, but if is still there when it becomes large enough to make any difference, it will then be my turn to start withdrawing.
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mikes1531
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Post by mikes1531 on May 25, 2016 18:38:27 GMT
I think that the total queued for investment in the QAA should be readily visible without having to select queue position from the QAA options menu. It seems that there is a very large pile of cash waiting for loans on AC. I agree. With the currently available info, you can see where your last bit of funds is in the queue, but you have no idea how much money is behind you in the queue. So you haven't a clue where the proceeds of a new sale or deposit will be placed in the queue when it's credited to your account. The last credit to my account was some interest posted at 1723 today. It's £915k back in the queue at the moment, so there's probably about £1M in the queue right now. It sure would be helpful if the £517k loan with the estimated drawdown date of 23/May actually drew down!
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jonah
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Post by jonah on May 25, 2016 18:48:47 GMT
I think that the total queued for investment in the QAA should be readily visible without having to select queue position from the QAA options menu. It seems that there is a very large pile of cash waiting for loans on AC. I agree. With the currently available info, you can see where your last bit of funds is in the queue, but you have no idea how much money is behind you in the queue. So you haven't a clue where the proceeds of a new sale or deposit will be placed in the queue when it's credited to your account. The last credit to my account was some interest posted at 1723 today. It's £915k back in the queue at the moment, so there's probably about £1M in the queue right now. It sure would be helpful if the £517k loan with the estimated drawdown date of 23/May actually drew down! You could move, say, 1p from your MLIA to cash account or vice versa. It would put it last on the QAA list and therefore you would know the size of the queue.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on May 25, 2016 18:49:36 GMT
I think that the total queued for investment in the QAA should be readily visible without having to select queue position from the QAA options menu. It seems that there is a very large pile of cash waiting for loans on AC. I agree. With the currently available info, you can see where your last bit of funds is in the queue, but you have no idea how much money is behind you in the queue. So you haven't a clue where the proceeds of a new sale or deposit will be placed in the queue when it's credited to your account. The last credit to my account was some interest posted at 1723 today. It's £915k back in the queue at the moment, so there's probably about £1M in the queue right now. It sure would be helpful if the £517k loan with the estimated drawdown date of 23/May actually drew down! It is. My credit from 15mins ago is at £1.002m, and just shy 10,000 in line. Im pretty sure that every bit of headroom created is being filled by 30DAA or direct QAA funds currently and there is no chance of getting swept funds in, in the near future.
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