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FXOpen to Modify the Company’s PAMM Service

June 24, 2014

FXOpen to Modify the Company’s PAMM Service

FXOpen would like to inform its partners and clients about the launch of the new Percentage Allocation Master Module (PAMM) technology.

The company has introduced modifications into the previous Percentage Allocation Management Module. It is expected to be fully superseded by the updated version in a short run. The launch of the new service is scheduled for July, 2014.

FXOpen’s new PAMM is a technical opportunity for an FXOpen client (referred to as “Slave”) to follow trading strategies of another FXOpen client (referred to as “Master”). The Master’s strategy will be replicated on the Slave’s Account by means of the company’s PAMM technology that involves virtual merging of Master’s and Slave’s funds. These funds become “invisible” in their Customer Accounts, i.e. they still remain on the same accounts despite being fiscally segregated.

For more information please refer to the “Percentage Allocation Master Module” Regulations.

We strongly recommend reading the new Regulations carefully so that you make an independent judgment as to whether this service is appropriate for you or not with regard to your financial situation, investment experience, risk tolerance and other factors. We kindly ask you to notify FXOpen if you find this service inappropriate, otherwise FXOpen will consider that you have accepted the new Regulations, which will come into effect starting from July 15, 2014.

Best regards,
FXOpen AU Customer Service

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