Exchange loan unit

Based on the information you gave your account was unusually balanced before so when moving towards the global average it's increased your exposure in a couple of loans.  Over the longer term as the account itself is better able to balance itself then the balance in your account will improve again in line with everyone else.  Likewise were you to deposit new funds (I know you've said you're not) then this change would help your account rebalance.  As more loans draw and new funds come into the account then the overall balance will consistently improve for all lenders.

Give it time, this change hasn't affected how idle funds are deployed, it rebalances your holdings after loan units have been bought.  Over the next few hours I'd expect your holdings in 441 to fall to the account average.

As per my other posts you are conflating two systems here.  One system is responsible for buying and selling loan units on the aftermarket according to whether you want to deploy funds or withdraw them.  That code is unchanged and is the code that was responsible for making ton27's investment in his post.

The new algorithm only looks at existing loan units, even ignoring idle funds, and attempts to take your holdings and diversify in roughly the same distribution as the other lenders in that investment account.  So if the account as a whole has 5% of all funds invested in a given loan then the system will try and move all lenders to have roughly that level of investment in that loan.

However there are some tolerances introduced to minimise the volume of trades and churn in the system over time.  If you have less than £100 invested your holdings will not be diversified.  If your target is less than 2% above target or 0.5% below target or is within £10 of the target then your holdings will not be changed (e.g. if the account as a whole has 5% invested in a loan and you have 6.9% invested then currently your holdings wouldn't change).  Those tolerances will be reduced over the next few days though as a steady state is approached, probably to 0.5% above and 0.1% below.  Suspended loans are also excluded as are loans where provision fund payments have been made (usually there would be an overlap here anyway).  If you don't meet those criteria then you will not see any trades.

There are other alternative algorithms we could easily switch to, such as setting every account to diversify down to a target % in each loan (e.g. 1%), but we're targeting a more equal distribution first and would need more loan flow to switch to that particular algorithm.

There's also no priority queue or round robin system involved.  The system just repeatedly selects two lenders at random and the matches any exchanges that move them both towards equilibrium.  So if you haven't seen any activity by tomorrow morning chances are there's a reason your account isn't being included rather than you haven't been randomly included in an exchange.

#327 has a credit event registered against it, so whilst the market is open for trading none of the automatic investment accounts would buy into it which excludes it from being diversified by this new algorithm.

Hi Chris,
I've given it 24 hours - no change to 441 although there has been some "exchange" activity.

Yes, of course it's a factor. If you look to sell out of a managed account, you have the same selling priority as anyone else looking to sell the loans you hold, including the QAA/30DAA. Loans with no availability will sell very quickly. Loans with very large availability may take a very long time. Once all but one loan have sold, the last loan will represent 100% of your remaining GBBA2 holdings.