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Investors - LC / Historical secondary market data?
« on: June 06, 2016, 11:00:00 PM »
LendingRobot opened up automated selling on Folio today. Seems interesting enough to enable and monitor.
Today we're excited to announce the release of Adaptive Portfolio Rebalancing (AdPR), a feature that actively rebalances portfolios to prune underperforming notes and capitalize on undervalued notes on the secondary market.
Previously, LendingRobot's Fully Automated Mode only purchased notes on the primary market (when new loans are issued). AdPR has been designed to take advantage of the secondary market, automatically buying and selling existing notes in order to increase a portfolio's return.
AdPR is a premium feature available for Lending Club accounts with at least $20k in managed principal and access to the secondary market.
Best regards,
Stephen
Today we're excited to announce the release of Adaptive Portfolio Rebalancing (AdPR), a feature that actively rebalances portfolios to prune underperforming notes and capitalize on undervalued notes on the secondary market.
Previously, LendingRobot's Fully Automated Mode only purchased notes on the primary market (when new loans are issued). AdPR has been designed to take advantage of the secondary market, automatically buying and selling existing notes in order to increase a portfolio's return.
AdPR is a premium feature available for Lending Club accounts with at least $20k in managed principal and access to the secondary market.
Best regards,
Stephen