The company will launch the new Percentage Allocation Master Module (PAMM) technology on April 1st, 2014, and it will fully supersede the current service, Percentage Allocation Management Module. FXOpen’s new PAMM is a technical opportunity for an FXOpen client (“Follower”) to follow trading strategies of another FXOpen client (“Master”). The Master’s strategy will be replicated on the Follower’s Account by means of our PAMM technology.
FXOpen PAMM technology involves virtual merging of Master’s and Follower’s funds. The funds, dedicated to PAMM by both Master and Follower, become “invisible” in their Customer Accounts. It means that even though the funds are fiscally segregated, they still remain on the same accounts.