Trading power question

[PigsDad Senior Member Find all posts View Profile Close PigsDad]

With SFX, does your deposit determine trading power, as it does with other exchange companies?

For example, say I deposited a prime Las Vegas week and put in a request, right at 18 months out (as a Platinum member) for a week in, say, California. Now say another member deposits a prime Hawaii week, and puts in a request at 15 months out for that same California week. If SFX has that California week available at 10 months out, does the person that has the request in longer get it, or the person with the "better" deposit (assuming Hawaii is a "better" deposit that LV) get it?

I was just wondering if trading power is a big portion of how exchanges work with SFX, given the weeks are both "prime" weeks (based on SFX's season grid).

Thanks!
Kurt

[Mark @SFX Industry Representative Find all posts View Profile Close Mark @SFX]

With SFX, does your deposit determine trading power, as it does with other exchange companies?

For example, say I deposited a prime Las Vegas week and put in a request, right at 18 months out (as a Platinum member) for a week in, say, California. Now say another member deposits a prime Hawaii week, and puts in a request at 15 months out for that same California week. If SFX has that California week available at 10 months out, does the person that has the request in longer get it, or the person with the "better" deposit (assuming Hawaii is a "better" deposit that LV) get it?

I was just wondering if trading power is a big portion of how exchanges work with SFX, given the weeks are both "prime" weeks (based on SFX's season grid).

Thanks!
Kurt

Kurt - sorry for the delay, it's been an "interesting" week!!

Your deposit does determine "trading-power".

Even though both weeks in this case are both prime weeks according to our grid, of course there are a number of other factors that determine trading-power.

Obviously beach front Maui has higher trading power than a good property in the desert, as established by supply vs demand.

In the case you state above, the person who deposited a prime Hawaii week wouldn't trump the the Las Vegas deposit. At some point you have to factor in that if you are accepting deposits from customers into a pool that is Gold Crown and Star rated, even though there are disparities amongst those ratings, you cannot ignore the importance of people already in queue that placed a request further in advance, and also deposited a good week. We try to keep it as fair and reasonable as possible.

Hope this helps...

[PigsDad Senior Member Find all posts View Profile Close PigsDad]

Thank you, Mark, for taking the time to respond. You gave a great explanation, and that helped me understand some of the details of how trading power play a role.

Kurt