Post by oliversea on Jun 27, 2016 22:04:43 GMT
So I pick a loan that's listed on the secondary market and I have a loan part for. I can see there how much is available in it. I thought if I want to sell my loan part, I would be at the end of the sales queue so the queue size should be the same as the available. However, I see it's consistently shorter.
For instance, at time of typing PBL049 has Available £79,878 but Sales queue £62,517.71
So the implication is that there's loan parts available but if I sell mine, it will sell quicker than £17k of the available.
What accounts for this difference?
I've recently started on SavingsStream (back when the secondary market was usually empty) and finding it a very interesting system, just a few quirks like that which I don't quite understand.
Thanks,
Oli
For instance, at time of typing PBL049 has Available £79,878 but Sales queue £62,517.71
So the implication is that there's loan parts available but if I sell mine, it will sell quicker than £17k of the available.
What accounts for this difference?
I've recently started on SavingsStream (back when the secondary market was usually empty) and finding it a very interesting system, just a few quirks like that which I don't quite understand.
Thanks,
Oli
