Selling Investment Orders

Description

This web Service sells an investment order. An investment order (IO) can be sold to a single or multiple investors. However, an IO cannot be sold on the same date when it is created.

Denomination is defined on a loan account by the Note Type object associated with it. Number of shares for an investor can be identified by formula (Investment Amount/Denomination on Loan Account) and also can be seen on the investment order with field “Number Of Shares”.

Definition

GET https://<domain>/services/apexrest/peer/v1/investmentOrders/sell/<investmentOrderId>

Request Parameters

The table given below provides details of the request parameters used by this web service:

Field

Type

Description

investmentOrderId*

String

This is used to identify the investment order. This should be passed in URL as specified in the sample request.
The value that you pass is compared against a predefined attribute of the Investment Order (loan__Investor_Loan__c) object which acts as the primary key.
You can define the attribute using the Investment Order ID Field of the API Configuration custom setting.

saleTransactions*

Array

This is an array of objects.

A JSON representation of the list of an object, with each object having the following parameters


buyer*	String	This is used to identify the account of buying investor. The account must be of type Investor (The Investor check box must be selected). The value that you provide is compared against a predefined attribute of the Account object which acts as the primary key. You can define the attribute using the Account ID Field of the API Configuration custom setting.
numberOfShares*	Decimal	This is the number of shares to be sold. This can be a positive decimal value.
pricePerShare	Decimal	This is the price per share. This must be a non-negative decimal value. If null, then original price (Investment amount/Number of shares) of the investment order is considered.
transferIncome	Boolean	This is a boolean specifying if income before the selling date must be transferred to buyer or not. If true, interest from Last Accrual Date to Sale Date on IO in consideration is transferred to buyer. Default value is False.
addIncomeInPrice	Boolean	● This is a boolean specifying if income before the selling date should be included in price or not. ● If true, interest from Last Accrual Date to Sale Date on IO in consideration is included in price. ● Default value is False.

returnOnlyNewIOs

Boolean

A boolean specifying if the return should contain all the IOs or only newly created IOs in sale transaction. The IO being sold is always returned irrespective of this value.

Error messages

When you use this web service you can receive the possible error messages as shown in the below table:

Error Code	Error Message	System.Label	Reason	HTTP Status Code	Error Number	Row Number
INVALID_INPUT	Required parameter/s is/are null.	REQUIRED_PARAME TERS_NULL	One or all mandatory parameters is/are not provided in the request.	400	00018	NA
INVALID_INPUT	Unable to parse the Request parameters.	UNABLE_PARSE_RE Q_PARAMS	Error occurs while parsing the request parameters .	400	00017	NA
INVALID_INPUT	Investment Order is null.	INVESTMENT_ORDE R_ID_NULL	Investment Order Id (investmentOrderId) is not specified in the URL.	400	00018	NA
INVALID_INPUT	Investment Order not found.	INVESTMENT_ORDE R_NOT_FOUND	No record exists in the system for the Investment Order Id (investmentOrderId) specified in the the URL.	400	00019	NA
API_EXCEPTION	<exception_me ssage>	NA	Exception querying the investment order.	500	00010	NA
INVALID_INPUT	Investment Order is not active.	INVESTMENT_ORDE R_INACTIVE	The investment order which is to be sold is not active.	400	00011	NA
API_EXCEPTION	<exception_me ssage>	NA	Exception querying the loan account.	500	00012	NA
INVALID_INPUT	Loan Account is not in valid state.	LOAN_ACCOUNT_INV ALID_STATE	Either Invalid data is checked on the loan account or loan status is not active.	400	00013	NA
INVALID_INPUT	Denomination is not defined on the loan account.	DENOMINATION_NOT _DEFINED	Note type and in turn denomination is not defined on the loan account.	400	00014	NA
INVALID_INPUT	Sale date cannot be same as the date of investment	SALE_DATE_INVALID	Sale Date is same as the date of investment which is to be sold.	400	00016	NA
INVALID_INPUT	Price per share is negative for row	PRICE_PER_SHARE_ NEGATIVE	Price per share is -ve.	400	00001	Row number of object which is having price as -ve.
INVALID_INPUT	Sale Transaction does not contain investor	BUYER_NOT_INVEST OR	Buyer is not an investor. (investor checkbox is not checked on buyer)	400	00002	Row number of object for which buyer is not an investor
	Buyer cannot be the seller	BUYER_SELLER_SAM E	Buyer and investor of the investment order which is to be sold (seller) are same.	400	00003	Row number of object for which buyer is same as the investor
INVALID_INPUT	Number of shares is null.	PRICE_PER_SHARE_ NULL	Number of shares is not provided.	400	00004	Row number of object for which number of shares is null.
INVALID_INPUT	Income can only be added in price when one wants to transfer it.	ADD_INCOME_INVALI D	“addIncomeInPrice” is true even if “transferIncome” is false	400		Row number of object for which add income is invalid
INVALID_INPUT	Investor does not have sufficient funds to buy shares	NUMBER_OF_SHAR ES_EXCEEDED	Buyer does not have sufficient funds ( Uncommitted Funds ) to buy the shares.	400		NA
INVALID_INPUT	Total number of shares to be sold cannot be greater than investment order's number of shares	NA	Total Number of shares to be sold exceeds the number of shares of IO to be sold.	400	00007	NA
API_EXCEPTIO N	<exception_me ssage>	NA	If any validation fails or any unexpected error occurs during the processing of the request, system will raise the exception.	500	00015	NA

Sample Request

The sample request to be sent is as shown below:
https://na11.salesforce.com/services/apexrest/v1/investmentOrders/sell/a1zj0000000fH44

Sample Request

{
"saleTransactions" : [
{
"numberOfShares": 10,
"pricePerShare": 90,
"buyer":"001j000000Kn8wM",
"addIncomeInPrice" : true,
"transferIncome" : true
},
{
"numberOfShares": 10,
"pricePerShare": 90,
"buyer":"001j000000Kn8vE"
}
]
}

Sample Response

The sample response is as shown below that contains all the IOs of the loan, or, only the IOs created along with the modified IOs, based on the value of the parameter returnOnlyNewIOs.
{
"status": "SUCCESS",
"rowNumber": null,
"response": [],
"errorNumber": null,
"errorMessage": null,
"errorCode": "NO_ERROR",
"content": [
{
"attributes": {
"type": "loan__Investor_Loan__c",
"url": "/services/data/v33.0/sobjects/loan__Investor_Loan__c/a1zj0000000fH3zAAE"
},
"loan__Unreleased_Interest__c": 0,
"loan__Inv_Interest_Posted_Amt__c": 0,
"loan__Inv_Last_Interest_Accrual_Post_Date__c": "20150314",
"loan__Investor_Start_Date__c": "20150314",
"loan__Share_rounded__c": 100,
"LastModifiedDate": "20150423T19:
25:52.000+0000",
"loan__Unreleased_Principal__c": 0,
"loan__Interest_Rate_On_Loan_Account__c": 10,
"loan__Write_Off_Amount__c": 0,
"loan__Status__c": "Sold",
"loan__Service_Rate__c": 1,
"loan__Account__c": "001j000000Kn8wRAAR",
"loan__Reinvest_Interest__c": false,
"loan__Minimum_Service_Fee__c": 0,
"loan__Interest_Disbursed_To_Investor__c": 0,
"loan__Service_Charge_On_Full_Payment_Amount__c": false,
"loan__Interest_Balance__c": 0,
"Number_of_Shares__c": 50,
"loan__Charged_Off_Interest__c": 0,
"loan__Principal_Amount_Paid__c": 0,
"loan__Inv_Accrued_Interest_Amt__c": 0,
"Purchase_Discount__c": 100,
"CreatedById": "005j000000BhPXNAA3",
"IsDeleted": false,
"Id": "a1zj0000000fH3zAAE",
"loan__Total_Amount_Paid__c": 0,
"loan__Reinvest_Service_Charge__c": 0,
"MarketPlace_Level__c": 1,
"OwnerId": "005j000000BhPXNAA3",
"loan__Original_Loan_Amount__c": 5000,
"loan__Certificate_Rate__c": 10,
"loan__Reinvest_Principal__c": false,
"loan__Loan_Status__c": "Active Good
Standing",
"loan__Principal_Reinvested__c": 0,
"SystemModstamp": "20150423T19:
25:52.000+0000",
"loan__Loan_Principal_Remaining__c": 5000,
"loan__Remaining_Investment_Amount__c": 5000,
"loan__Investor_Loan_ID__c": "ILID0000000346",
"loan__Interest_Reinvested__c": 0,
"loan__Interest_Amount_Paid__c": 0,
"loan__Enabled_Flag__c": false,
"loan__Charged_Off_Principal__c": 0,
"LastModifiedById": "005j000000BhPXNAA3",
"loan__Charged_Off_Fees__c": 0,
"loan__Investor_End_Date__c": "20150316",
"loan__Principal_Disbursed_To_Investor__c": 0,
"loan__Share__c": 100,
"loan__Loan__c": "a2Dj0000000A8YxEAK",
"loan__Income_Reinvested__c": 0,
"Name": "ILID0000000345",
"loan__Late_Fees_Amount_Paid__c": 0,
"CreatedDate": "20150423T19:
23:55.000+0000",
"loan__Loan_Start_Date__c": "20150314",
"loan__Investment_Amount__c": 5000
},
{
"attributes": {
"type": "loan__Investor_Loan__c",
"url": "/services/data/v33.0/sobjects/loan__Investor_Loan__c/a1zj0000000fH44AAE"
},
"loan__Unreleased_Interest__c": 5.56,
"loan__Inv_Interest_Posted_Amt__c": 5.555555555555555,
"loan__Inv_Last_Interest_Accrual_Post_Date__c": "20150318",
"loan__Investor_Start_Date__c": "20150314",
"loan__Share_rounded__c": 100,
"LastModifiedDate": "20150429T21:
02:57.000+0000",
"loan__Unreleased_Principal__c": 994.44,
"loan__Interest_Rate_On_Loan_Account__c": 10,
"loan__Write_Off_Amount__c": 0,
"loan__Status__c": "Sold",
"loan__Service_Rate__c": 1,
"loan__Account__c": "001j000000KpJJNAA3",
"loan__Reinvest_Interest__c": true,
"loan__Minimum_Service_Fee__c": 0,
"loan__Interest_Disbursed_To_Investor__c": 0,
"loan__Service_Charge_On_Full_Payment_Amount__c": false,
"loan__Interest_Balance__c": 0,
"Number_of_Shares__c": 50,
"loan__Charged_Off_Interest__c": 0,
"loan__Principal_Amount_Paid__c": 994.4444444444445,
"loan__Inv_Accrued_Interest_Amt__c": 0,
"Sale_Date__c": "20150316",
"Purchase_Discount__c": 100,
"CreatedById": "005j000000BhPXNAA3",
"IsDeleted": false,
"Id": "a1zj0000000fH44AAE",
"loan__Total_Amount_Paid__c": 1000,
"loan__Reinvest_Service_Charge__c": 0,
"MarketPlace_Level__c": 1,
"OwnerId": "005j000000BhPXNAA3",
"loan__Original_Loan_Amount__c": 5000,
"loan__Certificate_Rate__c": 10,
"loan__Reinvest_Principal__c": true,
"loan__Loan_Status__c": "Active Good
Standing",
"loan__Principal_Reinvested__c": 0,
"SystemModstamp": "20150429T21:
02:57.000+0000",
"loan__Loan_Principal_Remaining__c": 5000,
"loan__Remaining_Investment_Amount__c": 4005.56,
"loan__Investor_Loan_ID__c": "ILID0000000347",
"loan__Interest_Reinvested__c": 0,
"loan__Interest_Amount_Paid__c": 5.555555555555555,
"loan__Enabled_Flag__c": false,
"loan__Charged_Off_Principal__c": 0,
"LastModifiedById": "005j000000BhPXNAA3",
"loan__Charged_Off_Fees__c": 0,
"loan__Investor_End_Date__c": "20150318",
"loan__Principal_Disbursed_To_Investor__c": 0,
"loan__Share__c": 100,
"loan__Loan__c": "a2Dj0000000A8YxEAK",
"loan__Income_Reinvested__c": 0,
"Name": "ILID0000000346",
"loan__Late_Fees_Amount_Paid__c": 0,
"CreatedDate": "20150423T19:
25:52.000+0000",
"loan__Loan_Start_Date__c": "20150314",
"loan__Investment_Amount__c": 5000
},
{
"attributes": {
"type": "loan__Investor_Loan__c",
"url": "/services/data/v33.0/sobjects/loan__Investor_Loan__c/a1zj0000000fL89AAE"
},
"loan__Unreleased_Interest__c": 0,
"loan__Inv_Interest_Posted_Amt__c": 0,
"loan__Inv_Last_Interest_Accrual_Post_Date__c": "20150318",
"loan__Investor_Start_Date__c": "20150318",
"loan__Share_rounded__c": 50.07,
"LastModifiedDate": "20150429T21:
02:56.000+0000",
"loan__Unreleased_Principal__c": 0,
"loan__Interest_Rate_On_Loan_Account__c": 10,
"loan__Write_Off_Amount__c": 0,
"loan__Status__c": "Active",
"loan__Service_Rate__c": 1,
"loan__Account__c": "001j000000KpJJNAA3",
"loan__Reinvest_Interest__c": true,
"loan__Minimum_Service_Fee__c": 0,
"Purchase_Price__c": 2005.5555555555557,
"loan__Interest_Disbursed_To_Investor__c": 0,
"loan__Service_Charge_On_Full_Payment_Amount__c": false,
"loan__Interest_Balance__c": 0,
"Number_of_Shares__c": 20.06,
"loan__Charged_Off_Interest__c": 0,
"loan__Principal_Amount_Paid__c": 0,
"loan__Inv_Accrued_Interest_Amt__c": 0,
"Purchase_Discount__c": 0,
"CreatedById": "005j000000BhPXNAA3",
"IsDeleted": false,
"Id": "a1zj0000000fL89AAE",
"loan__Total_Amount_Paid__c": 0,
"loan__Reinvest_Service_Charge__c": 0,
"MarketPlace_Level__c": 1,
"OwnerId": "005j000000BhPXNAA3",
"loan__Original_Loan_Amount__c": 5000,
"loan__Certificate_Rate__c": 10,
"loan__Reinvest_Principal__c": true,
"loan__Loan_Status__c": "Active Good
Standing",
"loan__Principal_Reinvested__c": 0,
"SystemModstamp": "20150429T21:
02:56.000+0000",
"loan__Loan_Principal_Remaining__c": 4005.5555555555557,
"loan__Remaining_Investment_Amount__c": 2005.56,
"loan__Loan_Delinquent_Days__c": 0,
"loan__Investor_Loan_ID__c": "ILID0000001048",
"loan__Interest_Reinvested__c": 0,
"loan__Interest_Amount_Paid__c": 0,
"loan__Enabled_Flag__c": true,
"loan__Charged_Off_Principal__c": 0,
"LastModifiedById": "005j000000BhPXNAA3",
"loan__Charged_Off_Fees__c": 0,
"loan__Principal_Disbursed_To_Investor__c": 0,
"loan__Share__c": 50.069348127600556,
"loan__Loan__c": "a2Dj0000000A8YxEAK",
"loan__Income_Reinvested__c": 0,
"Name": "ILID0000001047",
"loan__Late_Fees_Amount_Paid__c": 0,
"CreatedDate": "20150429T21:
02:56.000+0000",
"loan__Loan_Start_Date__c": "20150314",
"loan__Investment_Amount__c": 2005.5555555555557
},
{
"attributes": {
"type": "loan__Investor_Loan__c",
"url": "/services/data/v33.0/sobjects/loan__Investor_Loan__c/a1zj0000000fL8AAAU"
},
"loan__Unreleased_Interest__c": 0,
"loan__Inv_Interest_Posted_Amt__c": 0,
"loan__Inv_Last_Interest_Accrual_Post_Date__c": "20150318",
"loan__Investor_Start_Date__c": "20150318",
"loan__Share_rounded__c": 24.97,
"LastModifiedDate": "20150429T21:
02:57.000+0000",
"loan__Unreleased_Principal__c": 0,
"loan__Interest_Rate_On_Loan_Account__c": 10,
"loan__Write_Off_Amount__c": 0,
"loan__Status__c": "Active",
"loan__Service_Rate__c": 1,
"loan__Account__c": "001j000000Kn8wMAAR",
"loan__Reinvest_Interest__c": true,
"loan__Minimum_Service_Fee__c": 0,
"Purchase_Price__c": 900,
"loan__Interest_Disbursed_To_Investor__c": 0,
"loan__Service_Charge_On_Full_Payment_Amount__c": false,
"loan__Interest_Balance__c": 0,
"Number_of_Shares__c": 10,
"loan__Charged_Off_Interest__c": 0,
"loan__Principal_Amount_Paid__c": 0,
"loan__Inv_Accrued_Interest_Amt__c": 0,
"Purchase_Discount__c": 10,
"CreatedById": "005j000000BhPXNAA3",
"IsDeleted": false,
"Id": "a1zj0000000fL8AAAU",
"loan__Total_Amount_Paid__c": 0,
"loan__Reinvest_Service_Charge__c": 0,
"MarketPlace_Level__c": 2,
"OwnerId": "005j000000BhPXNAA3",
"loan__Original_Loan_Amount__c": 5000,
"loan__Certificate_Rate__c": 10,
"loan__Reinvest_Principal__c": true,
"loan__Loan_Status__c": "Active Good
Standing",
"loan__Principal_Reinvested__c": 0,
"SystemModstamp": "20150429T21:
02:57.000+0000",
"loan__Loan_Principal_Remaining__c": 4005.5555555555557,
"loan__Remaining_Investment_Amount__c": 1000,
"loan__Loan_Delinquent_Days__c": 0,
"loan__Investor_Loan_ID__c": "ILID0000001049",
"loan__Interest_Reinvested__c": 0,
"loan__Interest_Amount_Paid__c": 0,
"loan__Enabled_Flag__c": true,
"loan__Charged_Off_Principal__c": 0,
"LastModifiedById": "005j000000BhPXNAA3",
"loan__Charged_Off_Fees__c": 0,
"loan__Principal_Disbursed_To_Investor__c": 0,
"loan__Share__c": 24.965325936199722,
"loan__Loan__c": "a2Dj0000000A8YxEAK",
"loan__Income_Reinvested__c": 0,
"Name": "ILID0000001048",
"loan__Late_Fees_Amount_Paid__c": 0,
"CreatedDate": "20150429T21:
02:57.000+0000",
"loan__Loan_Start_Date__c": "20150314",
"loan__Investment_Amount__c": 1000
},
{
"attributes": {
"type": "loan__Investor_Loan__c",
"url": "/services/data/v33.0/sobjects/loan__Investor_Loan__c/a1zj0000000fL8BAAU"
},
"loan__Unreleased_Interest__c": 0,
"loan__Inv_Interest_Posted_Amt__c": 0,
"loan__Inv_Last_Interest_Accrual_Post_Date__c": "20150318",
"loan__Investor_Start_Date__c": "20150318",
"loan__Share_rounded__c": 24.97,
"LastModifiedDate": "20150429T21:
02:57.000+0000",
"loan__Unreleased_Principal__c": 0,
"loan__Interest_Rate_On_Loan_Account__c": 10,
"loan__Write_Off_Amount__c": 0,
"loan__Status__c": "Active",
"loan__Service_Rate__c": 1,
"loan__Account__c": "001j000000Kn8vEAAR",
"loan__Reinvest_Interest__c": true,
"loan__Minimum_Service_Fee__c": 0,
"Purchase_Price__c": 900,
"loan__Interest_Disbursed_To_Investor__c": 0,
"loan__Service_Charge_On_Full_Payment_Amount__c": false,
"loan__Interest_Balance__c": 0,
"Number_of_Shares__c": 10,
"loan__Charged_Off_Interest__c": 0,
"loan__Principal_Amount_Paid__c": 0,
"loan__Inv_Accrued_Interest_Amt__c": 0,
"Purchase_Discount__c": 10,
"CreatedById": "005j000000BhPXNAA3",
"IsDeleted": false,
"Id": "a1zj0000000fL8BAAU",
"loan__Total_Amount_Paid__c": 0,
"loan__Reinvest_Service_Charge__c": 0,
"MarketPlace_Level__c": 2,
"OwnerId": "005j000000BhPXNAA3",
"loan__Original_Loan_Amount__c": 5000,
"loan__Certificate_Rate__c": 10,
"loan__Reinvest_Principal__c": true,
"loan__Loan_Status__c": "Active Good
Standing",
"loan__Principal_Reinvested__c": 0,
"SystemModstamp": "20150429T21:
02:57.000+0000",
"loan__Loan_Principal_Remaining__c": 4005.5555555555557,
"loan__Remaining_Investment_Amount__c": 1000,
"loan__Loan_Delinquent_Days__c": 0,
"loan__Investor_Loan_ID__c": "ILID0000001050",
"loan__Interest_Reinvested__c": 0,
"loan__Interest_Amount_Paid__c": 0,
"loan__Enabled_Flag__c": true,
"loan__Charged_Off_Principal__c": 0,
"LastModifiedById": "005j000000BhPXNAA3",
"loan__Charged_Off_Fees__c": 0,
"loan__Principal_Disbursed_To_Investor__c": 0,
"loan__Share__c": 24.965325936199722,
"loan__Loan__c": "a2Dj0000000A8YxEAK",
"loan__Income_Reinvested__c": 0,
"Name": "ILID0000001049",
"loan__Late_Fees_Amount_Paid__c": 0,
"CreatedDate": "20150429T21:
02:57.000+0000",
"loan__Loan_Start_Date__c": "20150314",
"loan__Investment_Amount__c": 1000
}
]
}

Selling Investment Orders

Description

Definition

Request Parameters

Error messages

Sample Request

Sample Request

Sample Response

In This Article