aju
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Post by aju on Jul 16, 2020 6:50:35 GMT
I'm also glad my Spreadsheet is recording times as well as dates and fortunately I had the gumption to use date = previous date + 1 so I can hard code the date and not have to do messy corrections down the screen ... I say gumption it's something I do most of the time as its generally easier to control date changes. Aju, are you using Microsoft Excel, or the freebie with Google. Excel 2007 pro i think offline as i have the need for vba etc. So i dont bother much with online. That said im not doing anything in these sheet that cannot be done in Google docs versions, i think.
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johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
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Post by johnt on Jul 16, 2020 7:16:25 GMT
Posted this in the other thread but is just as applicable here:
£0.5 million released yesterday and ZERO movement in the Access queue. Someone must be sitting on a massive investment or RS are simply not allocating these funds to the Access market.
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johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
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Post by johnt on Jul 16, 2020 7:17:42 GMT
The further behind you are in the queue, the faster it will seem that the queue is moving because there will be a higher number of cancellations in front of you than someone who is near the front. So ideally you want to take data entry points from someone near the front of the queue if you just want to see how fast the queue is moving based entirely on money being released by RS. I'm happy to share my figures once I have enough data entry points. I'm curious johnt, just what do you mean by data entry points? Sadly I'm way at the back of the queue almost according to the figures in the other thread. I just mean requests in front of you data entry points.
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chris1200
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Post by chris1200 on Jul 16, 2020 8:22:52 GMT
Posted this in the other thread but is just as applicable here: £0.5 million released yesterday and ZERO movement in the Access queue. Someone must be sitting on a massive investment or RS are simply not allocating these funds to the Access market. Did anyone higher up the queue have anything? Just want to exclude the possibility that - due to the apparent update during the day yesterday - the timing for this update hasn’t just shifted or something.
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Post by carol167 on Jul 16, 2020 8:35:41 GMT
Posted this in the other thread but is just as applicable here: £0.5 million released yesterday and ZERO movement in the Access queue. Someone must be sitting on a massive investment or RS are simply not allocating these funds to the Access market. Did anyone higher up the queue have anything? Just want to exclude the possibility that - due to the apparent update during the day yesterday - the timing for this update hasn’t just shifted or something. My 5 year jumped overnight, another 12 from the update yesterday afternoon to only 437 now.
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chris1200
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Post by chris1200 on Jul 16, 2020 8:49:52 GMT
Did anyone higher up the queue have anything? Just want to exclude the possibility that - due to the apparent update during the day yesterday - the timing for this update hasn’t just shifted or something. My 5 year jumped overnight, another 12 from the update yesterday afternoon to only 437 now. Thanks! So that’s that possibility blown out of the water, then!
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Post by David B on Jul 16, 2020 8:56:18 GMT
I will be using the latest Microsoft excel and putting in the following formulae: L = lim_(x to 0^+)x^(1/x) = e^(-oo) = 0 Set f(x) = x1 then take logarithms on both sides followed by: \lim_(x->\infty )((10x^(3)-6x^(2)-5x)/(4-2x-7x^(3)))x^(2) This will speed up my request by at least 2 or 3 months  |
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Post by shanghaiscouse on Jul 16, 2020 8:59:05 GMT
chris1200 cj I am sure RS management think of it like this - they are undergoing a run on their institution based on a sudden change in sentiment, i.e. a change in customer psychology. What can they do to reverse this psychological effect? The biggest problem they have was the introduction of the Access product, which, as has been pointed elsewhere, was all about getting access to your money with NO RYI FEE. It was not about WHEN you would get the money, just the fee you would pay. This was a huge error. Why? Because their reverse psychology works well in the 5 year market. They can show funds are being RYId at a rapid clip and, because there is a fee to RYI, this encourages others to cancel. However, over in the access market, there is no fee, so there is no incentive for customers not to cancel. If there was a fee, then they introduced this 'requests in front of you' feature, then if you saw it moving and you were towards the beginning of the queue then you would be more inclined to cancel, which would accelerate the movement of the queue, encouraging more cancelling, and a kind of virtuos wave would pass along the queue. But as there is no fee for RYI then that is not going to happen in Access. I wonder, when they did the recent interest rate haircut, did they also have the option in the T&Cs to put a RYI fee onto Access. That would have helped a lot. Of course there would have been much wailing and nashing of teeth. But on the other hand, as they are trying to sell the company, perhaps they wanted to retain as many customers as possible, voluntarily or not, and hence went for the haircut instead....
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aju
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Post by aju on Jul 16, 2020 9:15:42 GMT
I will be using the latest Microsoft excel and putting in the following formulae: L = lim_(x to 0^+)x^(1/x) = e^(-oo) = 0 Set f(x) = x1 then take logarithms on both sides followed by: \lim_(x->\infty )((10x^(3)-6x^(2)-5x)/(4-2x-7x^(3)))x^(2) This will speed up my request by at least 2 or 3 months Looks like hard sums to me, way above my pay grade I feel, i'm loathed to call out a smartass but i'll accept that as a very refined joke ...  (I chuckled even if it wasn't) . KISS springs to mind in most of my spreads ...
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benaj
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Post by benaj on Jul 16, 2020 9:27:23 GMT
TBH, my current queue position hasn't affected my confidence doing regular deposits as usual. I get other withdrawals via non RYI. |
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chris1200
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Post by chris1200 on Jul 16, 2020 14:30:04 GMT
I'll provide my first numbers after tomorrows update as I only started this week (14/7) recording all of them. What I can say though is that a number of my original reference RYI numbers that are lower than some recorded ones but have been changed and have a current refNo higher than some in the table shows my old refNo are being used for the QIF values ie my Qif is lower still despite having a higher changed refNo. (Hopefully that makes sense) Whilst this does not prove I will be paid before the later numbers it seems to me that RS is still referencing my queue position as relative to the initial RYI numbers before I made the changes.
I wonder has anyone else got similar indications from the tables.[Replying here to keep the other thread clean for star dust ] To answer the part I've bolded, yes it seems ashe has reported similar: For what it's worth, looking at the tracking thread - my RYI queue position (after modifying and getting a new number/date) is similar to that of someone with a number that mine was near before I modified it.
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aju
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Post by aju on Jul 16, 2020 14:33:50 GMT
I'll provide my first numbers after tomorrows update as I only started this week (14/7) recording all of them. What I can say though is that a number of my original reference RYI numbers that are lower than some recorded ones but have been changed and have a current refNo higher than some in the table shows my old refNo are being used for the QIF values ie my Qif is lower still despite having a higher changed refNo. (Hopefully that makes sense) Whilst this does not prove I will be paid before the later numbers it seems to me that RS is still referencing my queue position as relative to the initial RYI numbers before I made the changes.
I wonder has anyone else got similar indications from the tables.[Replying here to keep the other thread clean for star dust ] To answer the part I've bolded, yes it seems ashe has reported similar: For what it's worth, looking at the tracking thread - my RYI queue position (after modifying and getting a new number/date) is similar to that of someone with a number that mine was near before I modified it. Thanks, I thought i had read the whole thread but clearly not. I've had another thought though are people reporting changes in the main table - I have not reported my changes just kept a record of them in my systems both before and after. (If we are right then there is little value in reporting the latest number changes except to perhaps note the value has changed) Any thoughts anyone - our money in the queues is of little consequence I believe though unless they are 6 figure values or more and I'm not sure many people would be quoting those anyway. Ours personally are insignificant in the scheme of things.
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johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
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Post by johnt on Jul 17, 2020 4:48:33 GMT
Looks like the Access queue has moved today finally after two days of non movement but only 2 places.
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Post by Deleted on Jul 17, 2020 7:33:44 GMT
Looks like the Access queue has moved today finally after two days of non movement but only 2 places. Expect they are cancellations.
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johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
Posts: 127
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Post by johnt on Jul 17, 2020 8:40:20 GMT
Looks like the Access queue has moved today finally after two days of non movement but only 2 places. Expect they are cancellations. Possibly. We'll get a better idea of whether they were cancellations when the people who are near the front of the queue post their new QIF positions for today. So the rolling 7 day average for Access QIF is currently 5 positions / week which is actually in line with my predicted release dates below. On the 9 April, RS started releasing requests in the Access market for 11 March, completing on 20 April so completed 18 requests and released £0.7 million on average per day. On 21 April, RS started releasing requests in the Access market for 12 March, completing on 1 July so completed 14.2 requests and released £0.5 million on average per day. As others have rightly pointed out, that doesn't take into account that there are other markets using the same request ID's and some requests will have been cancelled or fulfilled from payments but you can get a very rough idea when you can expect your RYI to be released in the Access using the above info. Personally I use 10 requests a day for a more realistic date. So assuming nothing changes, based on 10 requests a day, I estimate that RS will finish processing release requests in the Access market as follows: 13 March - 8 September 2020 14 March - 6 October 2020 15 March - 20 December 2020 16 March - 30 June 2021 17 March - 20 December 2021 18 March - 10 May 2022 19 March - 8 October 2022 Obviously the further afield you look, the more inaccurate the estimate will be as I'm sure a lot will happen in the future that will have a significant effect on the RYIs.
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(I chuckled even if it wasn't) . KISS springs to mind in most of my spreads ...