Secondary Trading of Marketplace Loans

The creation of a secondary market for marketplace lending loans has been a hot topic recently; if a robust secondary market existed many believe more pension plans, registered mutual funds and other institutional investors would participate because loans would have a price and there would be liquidity for investors; currently marketplace lending loans trade on an over the counter market where many of the panelists currently participate; the panel explores whether whole loans are securities, why that matters and dives deep into the key aspects of a secondary market: price discovery, connecting buyers and sellers and fulfillment. Source