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What is Rollover?

Rollover is a routine procedure for PAMM accounts when trading results are updated and published. During the rollover;

  • All existing positions in the Followers accounts are reopened. Followers will notice this activity in their trading statements as if Master closed all positions at the last quote of the day and reopened at the beginning of the next trading day at the same quote. However, in the trading platform, there won’t be any position reopening activity seen.
  • All fees are calculated and paid to the Master Customer Account.
  • Assignment and revocation requests are processed during rollover as well as Follower and Master share recalculation.

The Master sets the rollover time. Shortly before it, no requests are accepted for a certain period. This is called Freeze Time.

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