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Post by ablrate on Mar 9, 2020 14:59:21 GMT
There will be a website for the platform being launched in a week or so, so you will see all of the info there. Basically initially it will be just for individual platforms. I.e any p2p platform can intergrate it for themselves, so if you don't like another platforms SM, or they don't have one, we hope that they will consider integrating ASMX as their SM technology. It has been built so as to make auto buying and selling a reality, easier access for legacy trading systems and geared to work with our new underwriter program. Ultimately the aim is to connect all integrated platforms. Ref the due diligence, the work is being done at the moment for the loan communication system.. i.e where due diligence can be done. We are also looking at other due diligence solutions to enhance due diligence information across all integrated platforms. So is my understanding correct in saying that all platforms will become one on the SM? I.e. ABL lender can trade an AC or FC loan, without being actually being a current lender on those? What about all your funds...interest payments etc. Do they all remain in ABL or transfer across to another platform? It is a little premature to say that becuase you can imagine the intricate nature of the problems to be solved, but ultimately that is the goal.
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Balder
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Post by Balder on Mar 9, 2020 15:11:20 GMT
Can you negotiate the EU trade deal as well
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number5
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Post by number5 on Mar 9, 2020 15:38:33 GMT
So is my understanding correct in saying that all platforms will become one on the SM? I.e. ABL lender can trade an AC or FC loan, without being actually being a current lender on those? What about all your funds...interest payments etc. Do they all remain in ABL or transfer across to another platform? It is a little premature to say that becuase you can imagine the intricate nature of the problems to be solved, but ultimately that is the goal. That sounds very complicated however a very interesting prospect, especially as largely most of my activity is on the SM. I assume a platform would have to agree to join the SM platform, for them to be a part of it
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Post by ablrate on Mar 9, 2020 17:26:13 GMT
Can you negotiate the EU trade deal as well We are a bit busy, but if called upon....
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Post by ablrate on Mar 9, 2020 17:28:29 GMT
It is a little premature to say that becuase you can imagine the intricate nature of the problems to be solved, but ultimately that is the goal. That sounds very complicated however a very interesting prospect, especially as largely most of my activity is on the SM. I assume a platform would have to agree to join the SM platform, for them to be a part of it It's hugely complex, but that is the nature of the beast, the real challenge has been NOT making it complex for lenders... Yes, any platform wanting to join would have to be approved by ASMX
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number5
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Post by number5 on Mar 9, 2020 21:21:26 GMT
Just done a bit of reading about the new ASMX SM...the reason for the increase in liquidity, would mainly be due to the exposure to lenders from multiple platforms all trading in one market? As opposed to lenders just from one platform i.e. like the current ABL SM.
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Post by ablrate on Mar 10, 2020 18:25:14 GMT
Just done a bit of reading about the new ASMX SM...the reason for the increase in liquidity, would mainly be due to the exposure to lenders from multiple platforms all trading in one market? As opposed to lenders just from one platform i.e. like the current ABL SM. When multi-platform is rolled out then there wuld be increased liquidity as the investor pool is larger.. but we are also working with liquidity providers, which we will detail how that works nearer launch
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