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Post by ablrateandy on Sept 13, 2015 16:36:05 GMT
Yeah. We had to go with one or the other but maybe in future we will find a solution.
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stevio
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Post by stevio on Sept 13, 2015 21:58:27 GMT
If you click through into the loan, it is. That's not what I asked, a column in the Secondary market page would be useful to compare so you don't have to click through to each loan
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Post by ablrateandy on Sept 13, 2015 22:02:36 GMT
Ah ok yes. That's largely a page width issue. Certainly something that we will look at changing.
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webwiz
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Post by webwiz on Sept 14, 2015 9:03:54 GMT
Perhaps you could put on the site a brief explanation of how to decide how much to bid on the SM.
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registerme
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Post by registerme on Sept 14, 2015 9:18:58 GMT
Perhaps you could put on the site a brief explanation of how to decide how much to bid on the SM. Yeah, having just signed up, and looking at the SM, that's not clear to me. When I look at the "create a bid" screen at the least I'd like to see a "calculate" button before a "submit" button. As it is I'm really not sure I want to even click on "submit". Presumably the "price" field is where I enter the AER I want to achieve?
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Post by ablrateandy on Sept 14, 2015 9:22:51 GMT
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registerme
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Post by registerme on Sept 14, 2015 9:56:20 GMT
Thanks Andy, those videos were a good introduction. I do think that being able to see a calculated AER before a final submit would be useful, if only to decrease the risk of fat finger problems.
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Post by ablrateandy on Sept 14, 2015 10:20:02 GMT
Yup and it is something that I will look into as part of the eternal development of the site . Unfortunately the way that the calculation is done it is not possible to display both at entry easily but if you drop me a mail I am happy to send over my spreadsheet that will do it for you.
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james
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Post by james on Sept 14, 2015 10:33:01 GMT
Registerme, what I tend to do is start with £1 until I'm happy with the full terms, then increase to the final amount. Existing bids or offers help but that still leaves the chance of human error by me, which has happened from time to time. Painless at £1.
Ablrateandy, how about making the spreadsheet available for everyone to download who wants it?
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Post by ablrateandy on Sept 14, 2015 10:36:13 GMT
hmmm. Good plan. Hadn't realised that I could do so! Will stick it up on a separate post later on.
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james
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Post by james on Sept 14, 2015 10:56:21 GMT
Good to see secondary market bids at capital value in the bid total at the top of the screen but it'd be good to have the total of the accrued interest that is tied up in the bids shown somewhere also, perhaps as a +xxxx.yy number after the capital value one. Not too hard to track with the transaction history or by cancelling and recreating offers instead of adding to them but it'd be convenient.
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stevio
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Post by stevio on Sept 16, 2015 9:43:21 GMT
DSLeasing Removal Crates for Established Company PAUSED - Just wondering why?
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pom
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Post by pom on Sept 16, 2015 10:18:56 GMT
Cos it's being/been switched to amortising
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registerme
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Post by registerme on Sept 18, 2015 13:32:37 GMT
We have an interesting example, at the moment, of how the secondary market interface isn't working for some people. Yesterday's draw down of the basket of UK SME loans saw one underwriter pick up £25k of the loan. According to ablrateandy this underwriter was happy to hang on to it, and would just put it on the SM at par. So there's just under £25k on the SM at the moment at 100p in the pound from one seller (which I am assuming is the underwriter in question). Somebody has put £100 up at a 102p in the pound. This must have either been a mistake, or they aren't thinking through the fact that the twenty five thousand ahead of them needs to clear first... Or are they relying on somebody else making a mistake and buying at a higher rate than they need to?
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SteveT
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Post by SteveT on Sept 18, 2015 13:40:41 GMT
We have an interesting example, at the moment, of how the secondary market interface isn't working for some people. Yesterday's draw down of the basket of UK SME loans saw one underwriter pick up £25k of the loan. According to ablrateandy this underwriter was happy to hang on to it, and would just put it on the SM at par. So there's just under £25k on the SM at the moment at 100p in the pound from one seller (which I am assuming is the underwriter in question). Somebody has put £100 up at a 102p in the pound. This must have either been a mistake, or they aren't thinking through the fact that the twenty five thousand ahead of them needs to clear first... Or are they relying on somebody else making a mistake and buying at a higher rate than they need to? I don't think the SM system would let them buy at a higher rate (it just starts from the top at "best available"), but perhaps the seller simply is happy to wait for 102% to become "best available". That said, it could be a long wait.
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