Secondary Market – September replace

When investing, your capital is in danger.

A belated September Secondary Market replace comes after an absent August replace as a result of quantity of protection we had saying our variable pricing outcomes which used August’s numbers. When you didn’t catch a few of these, you possibly can see them right here and right here.

September’s market got here off the excessive of August, buoyed by the aforementioned variable pricing and settled at 1,164 sharelots offered value £386okay. We had 552 consumers and 429 sellers transact throughout 180 companies at a median worth per enterprise of £2.14okay. Every vendor made a median revenue of £368 (or a 17% return) delivering actual money returns again into accounts. 

The sharelot gross sales quantity by worth tier have been as follows:

These sharelots could be damaged out by sector as follows:

Values by enterprise as follows:

Each the variety of companies offered (blue bar chart) and the offered worth per enterprise (black line chart) has stepped again up after the introduction of variable pricing in August as you possibly can see beneath:

It is usually fascinating to notice that there’s extra gross sales (by quantity) on the premium finish of the market than there may be at a reduction (blue bar is a lot accomplished, inexperienced bar is enterprise rely):

For October’s market we have already got £5.5m submitted on the market by 2,000 sellers and most heaps are have been listed at a premium:

Variable pricing continues to be in its infancy and we’re monitoring the brand new dynamic carefully earlier than prioritising any new characteristic modifications. Keep tuned!

Joel Ippoliti

Chief Product Officer