Please note that the content of this book primarily consists of
articles available from Wikipedia or other free sources online. A
percent allocation management module, or PAMM, which may also be
referred to as percent allocation money management, describes a
software application used predominantly by foreign exchange market
(forex) brokers to allow their clients to attach money to a
specific trader managing one or more accounts appointed on the
basis of a limited power of attorney. PAMM solution allows the
trader on one trading platform to manage simultaneously unlimited
quantity of managed accounts. Depending on the size of the deposit
each managed account has its own ratio in PAMM. Trader's activity
results (trades, profit and loss) are allocated between managed
accounts according to the ratio.
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