LP for Friday, 14 June, and today, Monday, 16 June have been paid
Dear TIOnauts, LP earnings for Friday, 14 June, and today, Monday, 16 June have been combined and paid in one lump sum in today’s LP payout. As you know, the exchange was down from approximately 4PM EST on Friday, 14 June until 11AM EST on Monday, 16 June. This resulted in lower trading volume on Friday and much lower volume on Monday, and unfortunately, no volume or corresponding payout on Saturday or Sunday. Although it may not be noticeable due to the payouts being combined, Friday’s LP payout was about 35% higher and today’s almost 100% higher compared to past days with similar volume. To illustrate this, the exchange has been averaging about $1.3m in daily volume, today we transacted about $700K or almost 47% less than normal. However, the payout was about 50% higher than a normal day. How is this possible with reduced volume? Well….two words….TIO Markets! TIO Markets is gaining traction and is starting to positively contribute to the LP, even though it hasn’t yet launched its affiliate program, PAMM or many other items in the works. In other words, TIO Markets is already beginning to pay dividends to the LP (no pun intended.) :) Please keep in mind though that the components that make up FX revenue are not as linear or predictable as Crypto revenue components, thusly there will be fluctuations in TIO Markets contributions to the LP, but we’re most assuredly on the right track. Thank you for your continued support and participation in the LP.
Hi, I'm new to FX and I have been wondering something, because I couldn't find the answer myself online, wikipedia doesn't know and google doesn't seem to know. But: -Who invented PAMM or LAMM systems? -What do you call PAMM, not the full acronym but they are trading system? I am trying to find all the different 'trading systems' there are but I can't find the name that design this group of systems. Also what are the general rules for each systems. Some are fixed other are percent based systems. I read about ratios and stuff. I can't find any books explaining PAMMs. Only way i could find any information was if i would go on InstaForex website for exemple and look at their rules. http://en.wikipedia.org/wiki/Percent_allocation_management_module
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