FCA-regulated broker ATC Brokers today introduced an improved version of its PAMM service, dubbed ‘PAMM Plus’, which overcomes the traditional limitation of similar solutions and allows money managers to operate multi-currency accounts using several brand-new capabilities.
The PAMM Plus software employs a smart logic for position allocation, detecting changes made to client funds upon order placement. The money managers can access their back office to manage multi-layer payouts, monitoring, reporting, and tracking of account activity.
Legal Risk Factor Beneath Ripple’s Lawsuit from SECGo to article >>
The sophisticated BO portal also allows followers to subscribe or unsubscribe to a money manager in real time, monitor the trading activity, pull report summaries, request to deposit or withdraw funds, submit a ticket inquiry and much more.
The ability to attach multiple accounts to a master account which is managed by a portfolio manager has been a familiar fixture within FX companies for more than a decade. The value of this service derives from the possibility of merging the knowledge and experience of money managers with the capital of subscribers in order to attain mutually beneficial results.
Another advantage of the PAMM Plus service is that it allows account holders to easily send one batch order to liquidity providers, and one price is allocated to all participants in real time.
Manoukian, co-founder of ATC Brokers, commented: “Our firm continues to implement innovative technology within the industry. We believe that the PAMM Plus addition to our product line reinforces our commitment to providing clients with software that enhances their trading experience.”