Post by sl75 on Jul 6, 2018 13:18:10 GMT
For 762, no, and there no longer seems to be any discounted availability - perhaps the underwriter heard us talking about them and cancelled their sales order?
Conversely, although 758 had shown no availability at a discount at the time of yesterday's post, I did in fact pick up another discounted chunk that evening.
I've picked up the chunk of 764 I ordered at the same time (and there still appears to be plenty more up for grabs), as well as a few other miscellaneous discounted loans. As chris says - trades are still occurring, it's just that the AC systems are so mind-bogglingly slow at doing it that you can sometimes check back the next day and the system still hasn't got round to processing that loan yet!
I don't know why AC have chosen to ignore the usual methods of matching an order book (e.g. a new sale would instantly match against pre-existing buy orders on the books and vice-versa), rather than this hugely over-engineered, extremely slow, batch-based process...
On a purely selfish level, the slower the sales are, the better (within reason), as it'll prompt even more people who could have sold at par if they'd just waited another day or 2 to incorrectly assume that there are no buyers at par and offer a discount, from which I can profit by picking up loan units "on the cheap".
