MAM versus portfolio management: defining responsibilities
MAM supports trade allocation and execution; its name does not define portfolio-selection or investor-suitability duties. Separate decisions, execution, custody and reporting.
Read morePAMM Iran Journal
MAM supports trade allocation and execution; its name does not define portfolio-selection or investor-suitability duties. Separate decisions, execution, custody and reporting.
Read moreStart MAM reconciliation with instrument mapping and instruction identifiers. Compare target sizes, actual fills, allocation remainders, currencies and charges separately.
Read moreInsufficient free margin can make a MAM subaccount diverge from its master. Review order outcomes, position differences and escalation without automatically adding risk.
Read moreWhen replacing a MAM manager, distinguish ending old authority, accepting the new manager and handling open positions. Disconnection, settlement and responsibility transfer need not occur together.
Read moreStart MAM connection testing with specification checks and a non-live environment. Define acceptance, stop criteria and discrepancy records first; connectivity does not guarantee execution.
Read moreA MAM setup distributes trades across accounts, but results need not be identical. Review allocation rules, minimum position sizes and risk limits before connecting.
Read moreEqual numerical balances in different currencies are not equal economic capital. Specify conversion rates, valuation times and profit-and-loss currency before comparing MAM allocations.
Read moreMinimum size and order increments can alter allocation in a small MAM subaccount. Review rounding, skipped orders and reconciliation of target versus executed size.
Read moreBefore a MAM connection, collect account, instrument, allocation and authority information without exposing secrets. Treat unknowns as unresolved conditions; complete paperwork is not trading authorisation.
Read morePAMM Iran Journal content is educational; it is neither investment advice nor a promise of returns. Financial markets carry a risk of losing capital — review track records and risk yourself before any decision.
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