Author Topic: Folio Liquidity Anecdotes  (Read 1913 times)

profwolfe

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Folio Liquidity Anecdotes
« on: September 23, 2016, 09:22:48 AM »
I'm a finance Professor and I'm working on a P2P project using Prosper & LC data.  I'm trying to piece together a sense of how illiquid FolioFn has been over time by collecting anecdotes of people's comments.  For example in the comments below I can see that between 60-100k Notes were for sale on FolioFN (LC) in May 2014 or Peter's post in January of 2013 suggesting 44k on LC and 9k on Prosper. 

Nov 2015 - http://www.lendacademy.com/lending-club-adds-15-new-fields-and-folio-introduces-a-true-secondary-market-api/
May 2014 - http://www.lendacademy.com/forum/index.php?topic=2231.0
June 2013 - http://www.lendacademy.com/foliofn-lending-club-users/
January 2013 - http://www.lendacademy.com/to-sell-or-not-to-sell/

Please feel free to share anything you have.  If you have some data collected that you are willing to share that would be a gold mine for us.  My email is bawolfe 'at' buffalo 'dot' edu
Thanks!

 

rawraw

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Re: Folio Liquidity Anecdotes
« Reply #1 on: September 23, 2016, 02:48:33 PM »
Can't you get a grant just ot invest and then try to liquidate?

Fred93

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Re: Folio Liquidity Anecdotes
« Reply #2 on: September 23, 2016, 03:12:24 PM »
What we need is transparency in folio's market.  In other words ... public data on trades.  Then we could see at what prices and volumes trades actually occur.  I suggest you ask LC for this.  You probably won't get it, but it may help get the ball rolling in that direction.

fliphusker

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Re: Folio Liquidity Anecdotes
« Reply #3 on: September 23, 2016, 04:17:54 PM »
What we need is transparency in folio's market.  In other words ... public data on trades.  Then we could see at what prices and volumes trades actually occur.  I suggest you ask LC for this.  You probably won't get it, but it may help get the ball rolling in that direction.
LC does not have anything to do with FOLIOFn, would be FOLIO to ask, and doubt they are talking.  Wonder if PC, LR or NSR keeps such data or would even share it.  Small slice but might be big enough sample size to be of value. 

profwolfe

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Re: Folio Liquidity Anecdotes
« Reply #4 on: September 23, 2016, 05:52:43 PM »
LOL - We need historical information back to 2008 - so grant money now won't help unless I can get a time machine too.  They're both equally likely to come by...

You're right talking to Folio and LC makes sense.  Folio can't release any of that kind of data without LC approval.  LC doesn't respond to any requests like that.  I've heard similar from large third party platforms (like lendacademy, nsrinvest, etc...). 

Given the above - we're trying to see if individual investors might have scraps of data (screenshots or blog comments) with time stamps that we could use. 

rawraw

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Re: Folio Liquidity Anecdotes
« Reply #5 on: September 25, 2016, 08:06:46 AM »
I think there are people with databases of their or others secondary market activity on this forum.  Maybe someone will share with you