Create SELL Order

This sub-resource allows the user to list loans for sale on the market.

Operation: POST

URL: https://api.lendingclub.com/api/lcx/v1/secondary/investors/{investor-id}/orders/sell-order

Path Parameters:

Name

Type

Required

Description

Investor-id

Integer

Yes

Investor’s Actor ID

Body Parameters:

Name

Type

Required

Description

orderCategory

String

No

Category of the sell order. Possible values are INDIVIDUAL and BASKET.
INDIVIDUAL: Buyers can purchase any individual loans in this sell order
BASKET: Buyers must purchase all loans in this sell order together. The
default value is set at "INDIVIDUAL"

orderType

String

Yes

The value must be set as "LIMIT"

allOrNoneFlag

Boolean

No

This parameter is only applicable to BASKET sell order. If it is set to true, all loans in the basket must be settled/canceled at the same time; if it is set to false, the basket allows partial settlement. The default value is set at "false"

description

String

No

Optional description of the sell order

roomName

String

Yes

The name of the room where the sell order will be created. The default value is the public room name "CENTRAL_MARKET"

items

Array

Yes

The array of items in the sell order

askPriceBasis

String

Yes

Only "PRINCIPAL" is supported

askPricePercent

BigDecimal

Yes

The starting ask price of the item vs par. 1.0 is 100% or par

askInterestPercent

BigDecimal

No

The interest percent sought (vs par). Valid values are 0 or 1. If absent, defaults to 1. 1 is 100% or par

noteId

Integer

Yes

Unique LC assigned id for the Note

loanId

Integer

Yes

Unique LC assigned id for the loan. This is the same as the id loan attribute returned in the loan Listing result operation

startListingDate

Date

No

Start listing date of the item in ISO format. The item will show up in
get loan listings call at the next global listing time after the
specified startListingDate. If avoided, it will default to the current time

listingExpirationDate

Date

No

Listing expiration date of the item in ISO format. It is capped at 30 calendar days after startListingDate

pricePlan

Object

No

Price plan of this item. Only need this in the request payload if you need to configure price tick down plan

reservedAskPricePercent

BigDecimal

No

Reserved price of the item vs par. 1.0 is 100% or par. The Item will be
delisted if its price drops below this value. Only needed if using tickPercent

tickPercent

BigDecimal

No

The percentage of daily ticking down vs par. 1.0 is 100% or par. Only negative values are allowed in this field

Supported formats:JSON

Payload Schema:

{

"allOrNoneFlag": false,
"description": "Test sell order (optional)",
"orderCategory": "INDIVIDUAL",
"orderType": "LIMIT",
"roomName": "CENTRAL_MARKET",
"items": [
{
"askPriceBasis": "PRINCIPAL",
"askPricePercent": 1.01,
"askInterestPercent": "0”,
"loanId": 12345678,
"noteId": 87654321,
"startListingDate": "2021-05-01T09:00:00.000-07:00",
"listingExpirationDate": "2021-05-15T09:00:00.000-07:00",
"pricePlan": {
"reservedAskPricePercent": 0.85,
"tickPercent": -0.01
}
},
{
"askPriceBasis": "PRINCIPAL",
"askPricePercent": 1
"loanId": 11111111,
"noteId": 22222222,
"startListingDate": "2021-05-02T09:00:00.000-07:00",
"listingExpirationDate": "2021-05-25T09:00:00.000-07:00",
"pricePlan": {
"reservedAskPricePercent": 0.8,
"tickPercent": -0.02
}
}
]
}

Response Parameters:

Name

Type

Description

investorId

Integer

Investor’s Actor ID

orderCategory

String

Category of the sell order. Possible values are INDIVIDUAL and BASKET

orderType

String

LIMIT

allOrNoneFlag

Boolean

This parameter is only applicable to BASKET sell order. If it is set to true, all loans in the basket must be settled/canceled at the same time; if it is set to false, the basket allows partial settlement

description

String

Optional description of the sell order

roomName

String

The name of the room where the sell order is created

items

Array

The array of items in the sell order

askPriceBasis

String

Only PRINCIPAL is supported

askPricePercent

BigDecimal

The starting ask price of the item vs par. 1.0 is 100% or par

noteId

Integer

Unique LC assigned id for the Note

loanId

Integer

Unique LC assigned id for the loan. This is the same as the id loan attribute returned in the loan Listing result operation

status

String

Status of the sell order item

statusDate

Date

Timestamp when status was lastly updated in ISO format

startListingDate

Date

Start listing date of the item in ISO format. The item will show up in get loan listings call at the next global listing time after the specified startListingDate

listingExpirationDate

Date

Listing expiration date of the item in ISO format. It is capped at 30 days after startListingDate

pricePlan

Object

Price plan of this item. Only need this in the request payload if you need to configure price tick down plan

reservedAskPricePercent

BigDecimal

Reserved price of the item vs par. 1.0 is 100% or par. The Item will be delisted if its price drops below this value

tickPercent

BigDecimal

The percentage of daily ticking down vs par. 1.0 is 100% or par

excludedItems

Array

The array of excluded items in the sell order

exclusionReason

String

Reason of exclusion for the item

Sample Response:

{
"id": 463016,
"investorId": "202101826",
"orderType": "LIMIT",
"orderCategory": "INDIVIDUAL",
"description": "Test sell order (optional)",
"roomName": "CENTRAL_MARKET",
"allOrNoneFlag": false,
"items": [
{
"id": 727017,
"statusDate": "2021-04-01T20:54:01.581Z",
"status": "PENDING",
"noteId": "215414933",
"loanId": "169060877",
"askPricePercent": 1.01,
"askPriceBasis": "PRINCIPAL",
"startListingDate": "2021-05-03T16:00:00.000Z",
"listingExpirationDate": "2021-05-15T16:00:00.000Z",
"pricePlan": {
"tickPercent": -0.01,
"reservedAskPricePercent": 0.85
}
}
],
"excludedItems": [
{
"noteId": "21547013",
"loanId": "169052568",
"exclusionReason": "note-does-not-exist"
}
]
}

HTTP status summary:

Code

Description

200

Success

400

Validation or business error

401

Unauthorized

403

Forbidden

404

Not Found

452

Market closed

500

Unexpected failure


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