blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Apr 25, 2017 8:25:50 GMT
No, Offers are filled sequentially from the top of the list when Buy orders are placed. I'm pretty sure the sequence of Offers at the same level of premium is by date & time they were originally listed (even if originally at a different premium, subsequently amended). I've just tried amending one of my older Offers to the same premium as some others and it jumped ahead of them. However, when I added a second (new) Offer, it appeared below all those at the same premium. So, it would appear that the behaviour I saw was anomalous. I submitted the very first offer at par, so any subsequent offers (whether listed at par originally or not) at par should have been placed behind my listing - that's not what happened. AIUI when you offered at par, any existing offer worse that par had the potential to go ahead of yours if it was improved. So the fact that you were the first to offer at par did not mean that you would always be first in the par listings. If there were no other offers when you listed, you would always be first in the list - at whatever rate. The priority seems to depend on the time of original listing.
|
|
|
Post by dan1 on Apr 25, 2017 8:29:01 GMT
So, it would appear that the behaviour I saw was anomalous. I submitted the very first offer at par, so any subsequent offers (whether listed at par originally or not) at par should have been placed behind my listing - that's not what happened. AIUI when you offered at par, any existing offer worse that par had the potential to go ahead of yours if it was improved. So the fact that you were the first to offer at par did not mean that you would always be first in the par listings. If there were no other offers when you listed, you would always be first in the list - at whatever rate. The priority seems to depend on the time of original listing. Agreed but I was also the very first to place an offer. After I'd placed my offer it was listed in grey on the offers side on its own - i.e. it wasn't a case of two offers being submitted simultaneously.
|
|
nw99
Posts: 340
Likes: 114
|
Post by nw99 on Apr 26, 2017 5:28:11 GMT
Had the identical problem more than once this week
|
|
|
Post by ablrate on Apr 26, 2017 9:46:41 GMT
Hi, just picked up on this.
I will have this looked at.
Thanks Ablrate
|
|
sg
Posts: 68
Likes: 69
|
Post by sg on May 23, 2017 8:54:27 GMT
Why do I have to cancel my offers to accept a lower bid ? I have a spread of offers on one of my loans and a bid was posted fractionally below the lowest one so I decided to take it but when I tried I got a message to the effect that I would have to cancel my offers first. I had enough unoffered equity to cover the amount so I don't see what the problem is. I got round it by changing my offer and it was then accepted so it's not a major problem but seems to be a strange requirement to me.
|
|
|
Post by ablrate on May 23, 2017 14:38:34 GMT
Why do I have to cancel my offers to accept a lower bid ? I have a spread of offers on one of my loans and a bid was posted fractionally below the lowest one so I decided to take it but when I tried I got a message to the effect that I would have to cancel my offers first. I had enough unoffered equity to cover the amount so I don't see what the problem is. I got round it by changing my offer and it was then accepted so it's not a major problem but seems to be a strange requirement to me. Its one of the improvements coming on the SM... but it was a quick fix fir the problem of people hitting bids with offers open and when their offer was hit an error occurred (because they didn't own enough to sell). We are cleaning up the operation of this and 'auto matching' etc
|
|
ianj
Member of DD Central
Posts: 654
Likes: 519
|
Post by ianj on Sept 7, 2017 11:22:53 GMT
According to the posts above it's possible to cancel/amend bids and offers, but I've yet to discover how this achieved.
Any help much appreciated.
|
|
|
Post by ablrate on Sept 7, 2017 11:28:40 GMT
According to the posts above it's possible to cancel/amend bids and offers, but I've yet to discover how this achieved. Any help much appreciated. Hi Go to Active Bids, Offers and Pledges from the dashboard. Click on Secondary Market Bids or Offers... click on the details and you can amend or cancel there. Regrds Ablrate
|
|
elliotn
Member of DD Central
Posts: 3,063
Likes: 2,681
|
Post by elliotn on Sept 7, 2017 11:31:24 GMT
According to the posts above it's possible to cancel/amend bids and offers, but I've yet to discover how this achieved. Any help much appreciated. Hi Go to Active Bids, Offers and Pledges from the dashboard. Click on Secondary Market Bids or Offers... click on the details and you can amend or cancel there. Regrds Ablrate Hi, any idea when we can do this on the trailers please
|
|
ianj
Member of DD Central
Posts: 654
Likes: 519
|
Post by ianj on Sept 7, 2017 11:37:26 GMT
According to the posts above it's possible to cancel/amend bids and offers, but I've yet to discover how this achieved. Any help much appreciated. Hi Go to Active Bids, Offers and Pledges from the dashboard. Click on Secondary Market Bids or Offers... click on the details and you can amend or cancel there. Regrds Ablrate Thank you.
|
|
n
Member of DD Central
Yet another Nick
Posts: 879
Likes: 461
|
Post by n on Sept 29, 2017 14:23:47 GMT
According to the posts above it's possible to cancel/amend bids and offers, but I've yet to discover how this achieved. Any help much appreciated. Hi Go to Active Bids, Offers and Pledges from the dashboard. Click on Secondary Market Bids or Offers... click on the details and you can amend or cancel there. Regrds Ablrate I am trying to sell 1000080 from my standard account because my ISA transfer arrived after bidding and I bid there as well, so I now have a double dose. I haven't used the SM much for selling. Placed my offer at 100% after 1 other offer, then shortly after someone else made a 3rd offer (at 100%) which had sneaked in ahead of mine. I remembered reading that you could queue jump by amending offers, but when I tried to apply any changes I was told I don't hold enough of the loan. So I cancelled the offer and tried placing it at 99.9% and amending to 100% - no joy, also couldn't change 100.1% to 100%. Should I be able to amend offers or is this still a work in progress?
|
|
SteveT
Member of DD Central
Posts: 6,873
Likes: 7,918
|
Post by SteveT on Sept 29, 2017 14:28:43 GMT
There’s still a bug that prevents you amending an offer unless you own at least as much again of the loan (eg. to amend a £100 offer, the system looks to see if you own another £100). Simplest work-around without losing your place in the queue ranking is to amend your offer to £1 and then back to whatever you had originally.
|
|
n
Member of DD Central
Yet another Nick
Posts: 879
Likes: 461
|
Post by n on Sept 29, 2017 14:47:32 GMT
Thanks SteveT I think I see what you mean. Probably more hassle than it's worth.
|
|
n
Member of DD Central
Yet another Nick
Posts: 879
Likes: 461
|
Post by n on Sept 29, 2017 15:36:21 GMT
Placed my offer at 100% after 1 other offer, then shortly after someone else made a 3rd offer (at 100%) which had sneaked in ahead of mine. I noticed this too. I was the first to list and was the only offer showing for about 5 minutes. I listed £1k for sale at par as soon as the drawdown email arrived and the sales started coming in. Someone else listed £2k which went in after me in the queue then others listed for profit and joined the queue. Someone then listed £1k at par and it went straight to the front of the queue. emailed cs reply was Thank you for bringing this to our attention. We are looking into this and will revert as soon as we can I was that 2K, and would have been perfectly happy to sit behind your offer, until that other 1K appeared. That is why I experimented, and the 2 offers ahead of the 1K now are both mine. If you like I will move them to the back of the queue. It is irksome that the system allows this unfairness.
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Sept 29, 2017 16:17:31 GMT
But your weekend might improve.
|
|