FXPRIMUS launches PAMM accounts for portfolio managers

Further to an intensive research and development project arising from requests from clients for an innovative investing tool, FXPRIMUS has today announced the launch of its new PAMM Service. This new service facilitates the relationship between Skilled Traders (Masters) & Eager Investors (Followers). The FXPRIMUS PAMM Service affords the opportunity for Masters to showcase their […]

FXPrimus

Further to an intensive research and development project arising from requests from clients for an innovative investing tool, FXPRIMUS has today announced the launch of its new PAMM Service. This new service facilitates the relationship between Skilled Traders (Masters) & Eager Investors (Followers).

The FXPRIMUS PAMM Service affords the opportunity for Masters to showcase their performance to the tens of thousands of FXPRIMUS customers that are in need of investment services.

At the same time, the PAMM service allows Investors the ultimate in flexibility in terms of selecting a Master that meets their specific criteria from a performance and risk management perspective.

The Investor has complete control of their deposits and withdrawals, and all fees and commissions are transparent, with no surprises or hidden fees. Furthermore, FXPRIMUS PAMM requires Masters to trade their own funds, giving Investors the full confidence that the Managers objectives are in line with theirs.

Read this next

Executive Moves

Christine Kiener joins Saxo Markets UK as Head of Institutional Sales

“I have been very impressed by the strong track record, clear strategic pathway and ambition of the Saxo business. I am excited to start working with the team to further grow the institutional footprint which has been established in the UK.”

Industry News

CFTC charges Rathnakishore Giri with $12m Bitcoin ponzi scheme

“Identifying and policing fraud in these emerging markets may be difficult or delayed in light of the agency’s limited visibility in these markets”, said CFTC Commissioner Kristin Johnson.

Institutional FX

AbbeyCross raises $2.47m to develop FX market infrastructure for EM currencies

Many EM currencies are currently traded without full-price discovery, creating an unlimited compliance and regulatory risk.

Digital Assets

YouHodler enhances Multi HODL: faster rates and execution, lower fees

“We know some traders mentioned freezing issues when opening or closing a Multi HODL deal. Now, those problems are completely gone”.

Industry News

ASIC bans Funds United Pty director for six years

The six-year ban will prevent Ms. Hutchinson from controlling an entity that carries on a financial services business, and performing any function within the industry.

Inside View

Brave new world: Recruitment of fintech talent in the new UK immigration environment

In this article, solicitor Denise Osterwald outlines what UK businesses should do to attract top talent from abroad.

Digital Assets, Interviews

FX goes Crypto: Exclusive interview with BVNK’s Jonathan Cumberlidge

BVNK is the new name in the City of London. Co-founded by ex-TradFi Chris Harmse, Balfour Group founder Jesse Hamson-Struthers, and ex-TrueLayer George Davis, the firm provides a single platform to bridge fiat and crypto together. 

Digital Assets

AAX ranked world’s second largest spot exchange, only behind Binance

Crypto trading volumes experienced their first surge in activity since March as the majority of digital assets began their recovery from the recent grim price action, according to a new report by Cryptocompare.

Digital Assets

Bitpay teams up with Cardlytics to provide 15% cashback rewards

Crypto payment service provider Bitpay announced a partnership with Cardlytics Inc (NASDAQ:CDLX), which it says will offer more rewards for BitPay cardholders on its platform.

<