jamesc
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Post by jamesc on Jan 27, 2016 9:03:50 GMT
Does the secondary market work like that on SS with zero premiums ? Does it also work like SS in that there is never anything available or what there is get snapped up in milliseconds ?
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mikeh
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Post by mikeh on Jan 27, 2016 9:22:06 GMT
Does the secondary market work like that on SS with zero premiums ? Does it also work like SS in that there is never anything available or what there is get snapped up in milliseconds ? Yes to both.
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jamesc
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Post by jamesc on Jan 27, 2016 9:27:37 GMT
Thanks Mike
Is it also like SS that when there is a new loan, older bits come for sale ?
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mikeh
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Post by mikeh on Jan 27, 2016 9:33:27 GMT
Maybe for the bigger loans.
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pom
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Post by pom on Jan 27, 2016 11:20:00 GMT
Thanks Mike
Is it also like SS that when there is a new loan, older bits come for sale ? Yep - but expect to see them before the loan goes live (to provide funds for the new) rather than after
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SteveT
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Post by SteveT on Jan 29, 2016 7:57:49 GMT
The MoneyThing SM is pretty active this morning already as people trim holdings for the 4pm Cardiff loan launch. Reckon today will be a good chance for new MT lenders to expand their portfolio and diversify... [It would be interesting to see a graph or spreadsheet of daily SM trading value since it went live. I've a suspicion today will be setting a new record for SM activity, MoneyThing ?] |
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Post by MoneyThing on Jan 29, 2016 11:27:47 GMT
The MoneyThing SM is pretty active this morning already as people trim holdings for the 4pm Cardiff loan launch. Reckon today will be a good chance for new MT lenders to expand their portfolio and diversify... [It would be interesting to see a graph or spreadsheet of daily SM trading value since it went live. I've a suspicion today will be setting a new record for SM activity, MoneyThing ?] I will ask The Shuang!
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Post by MoneyThing on Jan 29, 2016 11:40:43 GMT
The MoneyThing SM is pretty active this morning already as people trim holdings for the 4pm Cardiff loan launch. Reckon today will be a good chance for new MT lenders to expand their portfolio and diversify... [It would be interesting to see a graph or spreadsheet of daily SM trading value since it went live. I've a suspicion today will be setting a new record for SM activity, MoneyThing ?] I have just done a quick analysis myself and I can see that a total of £61,988 has been traded on the SM in the last 24hrs. Regards, Ed.
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SteveT
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Post by SteveT on Jan 29, 2016 11:47:58 GMT
The MoneyThing SM is pretty active this morning already as people trim holdings for the 4pm Cardiff loan launch. Reckon today will be a good chance for new MT lenders to expand their portfolio and diversify... [It would be interesting to see a graph or spreadsheet of daily SM trading value since it went live. I've a suspicion today will be setting a new record for SM activity, MoneyThing ?] I have just done a quick analysis myself and I can see that a total of £61,988 has been traded on the SM in the last 24hrs. Regards, Ed. Adding the SM was a pretty handy extension to the platform then! Assuming the vast majority of that was freeing up funds to invest in the Cardiff loan, the effect on the loan book is like launching a whole extra Managed Portfolio.
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paulg
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Post by paulg on Jan 29, 2016 12:20:30 GMT
I have just done a quick analysis myself and I can see that a total of £61,988 has been traded on the SM in the last 24hrs. Regards, Ed. Adding the SM was a pretty handy extension to the platform then! Assuming the vast majority of that was freeing up funds to invest in the Cardiff loan, the effect on the loan book is like launching a whole extra Managed Portfolio. The SM has made a big difference to the platform. I have a feeling that if the big loan that Ed tried to launch last November were to be launched now it would be a whole different ball-game. It wouldn't surprise me if today's new loan was gone by tomorrow evening.
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Post by MoneyThing on Jan 29, 2016 12:35:04 GMT
Perhaps we should have a little Friday fun and I can personally post a chocolate bar of your choice (my favourite is a Boost although other brands are available), to the person who guesses the closest time in hrs & minutes the time it takes for this loan to sell on the PM (MT328)?
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oldgrumpy
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Post by oldgrumpy on Jan 29, 2016 12:38:01 GMT
16:01 tomorrow 30 January.I'll choose my chocolate tomorrow.  = 24 hours and one minute to sell out.
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SteveT
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Post by SteveT on Jan 29, 2016 12:44:16 GMT
Blast, oldgrumpy beat me to my favoured guess. I'll go for 17:30 on Sat 30th then, giving the big hoovers a full 90 minutes to suck up what's left at the 24 hour mark. |
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Grezza
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Post by Grezza on Jan 29, 2016 12:45:50 GMT
Ummm, 20:14 today (29th)........marathon bar, please!
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SteveT
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Post by SteveT on Jan 29, 2016 12:51:26 GMT
Ummm, 20:14 today (29th)........marathon bar, please!  If correct, that would be remarkable! (£550 per registered account)
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If correct, that would be remarkable! (£550 per registered account)