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 Oct 8, 2015 19:39:31 GMT
Well I didnt miss out completely on the crumbs  Purchase loan part 13470302 (old id 13469934) for 0.0000000000000000002299999999999999770000 GBP - annualised rate 12, loan: B******** Care Limited (194) Thank god for 20dp, otherwise i would have had unutilised funds in my MLIA  [Did pick up £3 earlier] |
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mikes1531
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Post by mikes1531 on Oct 8, 2015 21:00:16 GMT
I made an error earlier today that turned out to be a stroke of luck. I went to sell an odd bit of #205 to leave me with a round amount held. When I entered the instruction, however, I didn't press the decimal point hard enough. So my intended sale of ££.pp turned into an instruction to sell ££££, which was considerably more than my entire #205 holding. I noticed what had happened a few seconds later, but by the time I tried to delete the sell order my holding was down to zero. The positive side of that mistake was that it meant that when #194 drew down unexpectedly there was money in my account to satisfy my pre-bid. Since I'd much rather have #194 than #205, I consider myself lucky!
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Post by pepperpot on Oct 8, 2015 22:59:13 GMT
I'm going to start listening to your advice more! #194 has just drawn down well ahead of the indicated date. At least I got 25% of my target, but still feel frustrated. You must have set a large target. I had a 5 figure target which was 95% filled in three lots all at the same time. I don't know why the three lots. From Chris's explanation all the buyers go into one pot and all the sellers into another. This should yield one transaction per buyer. Yep, as Chris said, I only had 25% of the target available (I should have been clearer earlier). With no access (anytime soon) to QAA and a shortish duration loan, even a few weeks earning nothing has an impact on the yield so the game plan was to slowly increase available cash as drawdown approached. Fortunately, I made a semi-reasonable transfer this morning and my target was on the larger side of normal anyway so I'm not completely miffed. mikes1531 - sooo glad it all worked out for you.   My £1k in #205 was intended for #194, a situation brought about all because QAA is full. Hence the frustration. Hey ho. I take it you wouldn't want to swap my 205 for your 194 would you? No? Are you sure? Last chance.... Fine.
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sl75
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Post by sl75 on Oct 9, 2015 12:08:17 GMT
I made an error earlier today that turned out to be a stroke of luck. I went to sell an odd bit of #205 to leave me with a round amount held. When I entered the instruction, however, I didn't press the decimal point hard enough. So my intended sale of ££.pp turned into an instruction to sell ££££, which was considerably more than my entire #205 holding. I noticed what had happened a few seconds later, but by the time I tried to delete the sell order my holding was down to zero. The positive side of that mistake was that it meant that when #194 drew down unexpectedly there was money in my account to satisfy my pre-bid. Since I'd much rather have #194 than #205, I consider myself lucky! So much for my plan to hold 194 over the weekend and then sell it at the start of next week in preparation for 205 and/or 191 drawing down! Have freed up some cash (a bit late!) in order to pick up any shrapnel that might be going of 205. It's a large enough loan that I doubt I'll have much trouble getting units over the next few weeks as the existing holders diversify into newer opportunities. Will need to make a decision soon on whether 191 might pull the same stunt later today, as that's a much smaller loan so bound to be harder to come by in the aftermarket.
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niceguy37
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Post by niceguy37 on Oct 9, 2015 13:37:27 GMT
I made an error earlier today that turned out to be a stroke of luck. I went to sell an odd bit of #205 to leave me with a round amount held. When I entered the instruction, however, I didn't press the decimal point hard enough. So my intended sale of ££.pp turned into an instruction to sell ££££, which was considerably more than my entire #205 holding. I noticed what had happened a few seconds later, but by the time I tried to delete the sell order my holding was down to zero. The positive side of that mistake was that it meant that when #194 drew down unexpectedly there was money in my account to satisfy my pre-bid. Since I'd much rather have #194 than #205, I consider myself lucky! Pure genius!
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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
Posts: 11,334
Likes: 11,558
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Post by ilmoro on Oct 12, 2015 10:02:26 GMT
#200 changes to security, LTV, rate, no longer GBBA eligible
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Steerpike
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Post by Steerpike on Oct 12, 2015 11:18:40 GMT
Your deposit is important to us...you are number 8850 in the queue...here is some music...your deposit is imp...
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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
Posts: 11,334
Likes: 11,558
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Post by ilmoro on Oct 12, 2015 11:27:55 GMT
Your deposit is important to us...you are number 8850 in the queue...here is some music...your deposit is imp... Number 5402 come on down. Now would you prefer to watch paint dry or a pot boil? I feel incredibly enlightened.
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Post by chris on Oct 12, 2015 12:18:28 GMT
Your deposit is important to us...you are number 8850 in the queue...here is some music...your deposit is imp... Number 5402 come on down. Now would you prefer to watch paint dry or a pot boil? I feel incredibly enlightened. I can still switch the feature off... cap has just been raised to £1.5m which should have helped shuffle everyone along a bit.
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Oct 12, 2015 12:22:33 GMT
chris A welcome move, thanks I've moved from about £980,000 to £354,000 during the morning with the help from this £500K boost.
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bigfoot12
Member of DD Central
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Post by bigfoot12 on Oct 12, 2015 12:27:46 GMT
I can still switch the feature off... cap has just been raised to £1.5m which should have helped shuffle everyone along a bit. If you gave everyone free money, people on here would complain. Two most welcome changes today (£1.5m and visible queue). Thank you.
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SteveT
Member of DD Central
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Post by SteveT on Oct 12, 2015 12:29:46 GMT
Number 5402 come on down. Now would you prefer to watch paint dry or a pot boil? I feel incredibly enlightened. I can still switch the feature off... cap has just been raised to £1.5m which should have helped shuffle everyone along a bit. A helpful addition. Is there any reason why it couldn't also include " The total amount currently in the queue is £X". That would help (discourage!) those about to deposit large sums in the QAA who are expecting it to start earning interest any time soon.
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Post by chris on Oct 12, 2015 12:41:21 GMT
A helpful addition. Is there any reason why it couldn't also include " The total amount currently in the queue is £X". That would help (discourage!) those about to deposit large sums in the QAA who are expecting it to start earning interest any time soon. That would help discourage those about to deposit large sums in the QAA who are expecting it to start earning interest any time soon. More seriously though the queue size in relation to wait time is a moving target. This isn't the only rise in queue size we're planning and we need a weight of funds there each time to make it viable. The queue is also important, though not essential, to the way the account maintains liquidity as it helps reduce system load and eases complexity elsewhere where a more liquid pool of funds would need to be balanced. As the number of loans drawing down increases so will the throughput in the QAA so whilst a £100k queue today may mean a long wait in a couple of months that could see your investment accepted within the same day. New users wouldn't necessarily know that though so could be put off by having a large queue size slapped in front of them. It also goes against the black box mentality of the account, which may see even the existing queue display removed if we see an adverse affect. Edit: It's also actually quite slow to compute. You can see that in the roughly two second load time it takes to fully resolve the queue positions.
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mikes1531
Member of DD Central
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Post by mikes1531 on Oct 12, 2015 12:53:49 GMT
I think the above comments may be in the wrong thread. I've put mine in the AC-QAA thread here. |
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sl75
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Post by sl75 on Oct 12, 2015 13:02:16 GMT
Edit: It's also actually quite slow to compute. You can see that in the roughly two second load time it takes to fully resolve the queue positions. Perhaps it would be a bit quicker if adjacent queue entries from the same customer didn't take up multiple queue slots? Right now, I've got every single queue position from 4989 to 5021 as the result of a single sale of loan units that occurred within a single second... apparently the MLIA needs to enqueue the funds within the same nanosecond that the sale occurs, rather than noting the total value of all simultaneous sales and combining this into a single record giving the funds queued. On the plus side, if you optimise these kind of things, at least you've already done the stress test for how the system can perform when AC has an order of magnitude more customers!
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My £1k in #205 was intended for #194, a situation brought about all because QAA is full. Hence the frustration. Hey ho. I take it you wouldn't want to swap my 205 for your 194 would you? No? Are you sure?
