PAMM accounts Rollover
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Modified:3/15/2010(2:28:40 AM) by Olga
Categorized as:What you need to know about PAMM account
» PAMM accounts Rollover
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EditPAMM accounts Rollover
PAMM accounts Rollover – is a daily (except Sunday and Monday) procedure, which takes place at night at 1:00 server time (FXOpen server time is CET +1 or GMT+2).
During PAMM accounts Rollover the following operations are carried out:
• Trading result is updated and fixed;
• Fees are calculated and paid to the Manager;
• Deposit and withdrawal requests are processed;
• Account information is updated on the company’s website.
The Current Rollover — the rollover executed when the current trading day is finished.
The Following Rollover — the rollover executed when the following trading day is finished.
 | Note! During Rollover all existing positions in managed accounts are reopened. Thus, the Investors will see in their trading statements , that all positions opened by the Manager were closed at the last quote of the trading day and re-opened at the start of the following trading day at the same quote at which they were closed the previous day. But in the trading platform on PAMM accounts there is no positions reopening. |