PAMM Accounts Rollover is a procedure, during which the following operations are carried out:
- Trading result is updated and published.
Note! During Rollover all existing positions in the Investor’s account are reopened. Thus, Investors can see in their trading statements that all the positions opened by the PAMM Manager were closed at the last quote of the trading day and reopened at the beginning 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 are no positions reopening.
- Fees are calculated and paid to the PAMM Manager’s Customer Account.
- Assignment and revocation requests are processed.
- Investor and Manager Share is recalculated.