withnell
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Post by withnell on Nov 27, 2020 7:46:51 GMT
After two buys on ablrate asmx I given up using asmx at least for now. It's designed to look completely non functional, 7 lines to display each loan, not only scrolling down to view page but increasing the number of pages to go through certainly not designed for large numbers of loans other providers/originators might add. That not the reason, the following is.
For tax purpose the treatment of accrued interest I thought had changed, and is no long recorded only the summary transaction amounts, for the interest figures are no longer adjusted. Looked like the tax reports would be wrong.
While sub £1 error so far, any more trading on asmx will just be adding to the problems. Now I'm not so sure, that the accrued amounts aren't being displayed incorrectly by asmx looks like they could be out by a factor of 100.
So £0.26 is really £0.0026 and rounds down to £0.00, which means the overall buy/sell prices are displayed incorrectly by asmx. Then I had been expecting to see £0.26 in the accounts under accrued to match asmx displayed amount. I can't try live transactions with larger accrued amounts just to find out if the accrued is being record correctly in the accounts. - Scrolling will be changing to a numbered amount of loans... so you will be able to have 50/100 etc - Filtering is on our staging server tomorrow for testing/evaluation so should be live soon - The accrued interest is recorded in the account history, not sure where you are looking to say its not? It looked like the two trades you did were on the payment day, so there is no accrued - The platform and the Loan Exchange are to 6dp rounded to 2. So it is being recorded in your account to 6dp but we don't display that. - I have checked the accrued on the loan you traded and it looks to me to be calculating correctly I have seen your email and was due to respond but if you have something specific that you would like us to check that would be great, if there is an error we will get it sorted pronto, but it looks correct to me. My example trade was £300 on 113 @ 13% for 2 days is 21.6p round to 22p. Happy to have a look at anything specific on a deeper dive just email dbw@ directly best ASMX hold extra days of accrued when you make a bid - on the old SM you could choose an expiry date so you could put same day and have no additional accrued. That might be what you're seeing? Funds are held when placing the bid - in all my examples they matched same day and all the additional accrued was released back
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ganymede
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Post by ganymede on Nov 27, 2020 9:02:35 GMT
- Scrolling will be changing to a numbered amount of loans... so you will be able to have 50/100 etc - Filtering is on our staging server tomorrow for testing/evaluation so should be live soon - The accrued interest is recorded in the account history, not sure where you are looking to say its not? It looked like the two trades you did were on the payment day, so there is no accrued - The platform and the Loan Exchange are to 6dp rounded to 2. So it is being recorded in your account to 6dp but we don't display that. - I have checked the accrued on the loan you traded and it looks to me to be calculating correctly I have seen your email and was due to respond but if you have something specific that you would like us to check that would be great, if there is an error we will get it sorted pronto, but it looks correct to me. My example trade was £300 on 113 @ 13% for 2 days is 21.6p round to 22p. Happy to have a look at anything specific on a deeper dive just email dbw@ directly best ASMX hold extra days of accrued when you make a bid - on the old SM you could choose an expiry date so you could put same day and have no additional accrued. That might be what you're seeing? Funds are held when placing the bid - in all my examples they matched same day and all the additional accrued was released back Thanks it's very confusing was expecting the buy to take place immediately, should have used Market option on the drop down instead of the default fill option quoting the accrued for the month, it's my issue.
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Post by westcountry on Nov 27, 2020 15:19:56 GMT
ASMX hold extra days of accrued when you make a bid - on the old SM you could choose an expiry date so you could put same day and have no additional accrued. That might be what you're seeing? Funds are held when placing the bid - in all my examples they matched same day and all the additional accrued was released back Thanks it's very confusing was expecting the buy to take place immediately, should have used Market option on the drop down instead of the default fill option quoting the accrued for the month, it's my issue. ganymede, if you're intending to buy on ASMX straight away, use Fill-or-Kill with the Market Rate box unticked - this then does not take any extra accrued interest, from my experience!
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Post by ablrate on Nov 27, 2020 15:20:26 GMT
Filters are on staging and looking good... should be uploaded to live on Monday: Includes:
Additions to sorting:
Loan#
Your Holding
Highest Bid
Highest Offer
Lowest Bid
Lowest Offer
Maturity Date
Interest Rate
Ascending / Descending
Holding:
All
Only My Investment
Exclude My Investment
Amount available to invest
From £ - To £
We have a few more to add, but this will be released shortly.
Also 50 loans per page
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Post by ablrate on Nov 27, 2020 16:50:52 GMT
Filters are on staging and looking good... should be uploaded to live on Monday: Includes: Additions to sorting: Loan# Your Holding Highest Bid Highest Offer Lowest Bid Lowest Offer Maturity Date Interest Rate Ascending / Descending Holding: All Only My Investment Exclude My Investment Amount available to invest From £ - To £ We have a few more to add, but this will be released shortly. Also 50 loans per page We have made it live now
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mrdc
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Post by mrdc on Nov 27, 2020 17:17:54 GMT
Much better.
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blender
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Post by blender on Nov 27, 2020 17:19:45 GMT
Yes, tried it and the sort facility works fine. Not as easy as clicking the top of a column, but it does the job. Thanks for making this change.
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Post by df on Nov 27, 2020 20:36:37 GMT
I type ACI in filter and get FPW, IMG, APF, VSL listed on the same page. Does it mean that all five are the same borrower?
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ilmoro
Member of DD Central
'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 Nov 27, 2020 20:57:09 GMT
I type ACI in filter and get FPW, IMG, APF, VSL listed on the same page. Does it mean that all five are the same borrower? The answer is NK - APF, ACI, VSL all connected as linked to ACF, IMG common director with ACF owner. There is a connection with FPW but its very remote. Alot of loans on the platform have NK connection (excluding ACF role as introducer) look at his directorships. That said no reason for the filter to link them as the connections are old or obscure in some cases
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
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Post by brianlom1 on Nov 27, 2020 21:02:11 GMT
Yes, tried it and the sort facility works fine. Not as easy as clicking the top of a column, but it does the job. Thanks for making this change. My thoughts exactly but it's excellent news and a definite step in the right direction
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Post by Ace on Nov 27, 2020 21:24:48 GMT
I type ACI in filter and get FPW, IMG, APF, VSL listed on the same page. Does it mean that all five are the same borrower? The answer is NK - APF, ACI, VSL all connected as linked to ACF, IMG common director with ACF owner. There is a connection with FPW but its very remote. Alot of loans on the platform have NK connection (excluding ACF role as introducer) look at his directorships. That said no reason for the filter to link them as the connections are old or obscure in some cases I think you may be giving the search feature far more intelligence than its due. More likely the resultant loans all contain the text "ACI" (case insensitive) in the loan descriptions. I.e. the first few I checked contained the word "f acility".
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Post by ladywhitenap on Nov 27, 2020 21:30:53 GMT
Searching on "for" seems to bring up a lot more than Andr** For*** loans?
LW
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Post by Badly Drawn Stickman on Nov 27, 2020 22:49:04 GMT
Indeed, a little like deciding two legs may be better than one on a milking stool. And yet somehow a reimagining that still seems to be missing something.
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seb8072
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Post by seb8072 on Nov 28, 2020 9:13:12 GMT
The answer is NK - APF, ACI, VSL all connected as linked to ACF, IMG common director with ACF owner. There is a connection with FPW but its very remote. Alot of loans on the platform have NK connection (excluding ACF role as introducer) look at his directorships. That said no reason for the filter to link them as the connections are old or obscure in some cases I think you may be giving the search feature far more intelligence than its due. More likely the resultant loans all contain the text "ACI" (case insensitive) in the loan descriptions. I.e. the first few I checked contained the word "f acility". I think you are correct. Sorted by typing "ACI(space)" - if you pardon the pun!
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Post by ladywhitenap on Nov 28, 2020 11:04:27 GMT
I think you may be giving the search feature far more intelligence than its due. More likely the resultant loans all contain the text "ACI" (case insensitive) in the loan descriptions. I.e. the first few I checked contained the word "f acility". I think you are correct. Sorted by typing "ACI(space)" - if you pardon the pun! Interestingly I tried "for space" and "fore" without success. I seem to need to use the full surname. I think a bit more work is needed to make the search work as we need it LW
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