Account Grouping
PT multistation offers account grouping capabilities so as to trade with a whole group of accounts simultaneously; profit and loss are distributed between accounts depending on settings.
Solution
Users get the capability to execute multiple operations with just one order and with just one strategy, to distribute risks between several different accounts or even different vendors. Order amounts can be the same for each account or different according to account balances or static rates. Grouped orders can also be closed together.
Advantages
Unlike with a regular account, users can execute all operations in just one click with just one quote for all accounts. This is also useful if a trader wants to trust another trader to operate their account.
All operations which are executed with a regular account can be applied to a group of accounts in the same way. This functionality simplifies the work of fund managers and advanced investors.
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Testimonials
- I have to say this is one of the more sexy trading softwares I've seen...
quantfx (member on protrader.net trading forum)