Managed Account Tool
MB Trading takes money managers seriously. That's why we developed the Managed Account Tool for the MBT Desktop. This tool allows qualified managers with proper documentation to link their client accounts under one login and trade them simultaneously. Users can even link their regular account to their IRA. There is no limit to the number of accounts that can be linked. There is no minimum account size required. Managing your trades has never been easier with clear screens for Order Entry, Positions by Symbol, Positions by Account, and Pending Orders.
The tool allows the user to create multiple trading groups based on their own criteria. The trader can then easily add or remove a client from a group. MAT order management allows the trader to create an FX, Stock, Option or Futures order which will execute as a percentage of each individual account's buying power (Excess Equity or Buying Power). Clients can also modify orders on a one-off basis as well. This allows individual client orders to be overridden with a custom quantity.
Accounts can further be included or excluded from a particular order within the group by simply checking or un-checking the account for that particular order.
Group sub-accounts, group positions, group order activity and group Buying Power can all be easily exported by the trader to Excel, .CSV or Clipboard for reporting and management purposes.
MAT further supports multiple order types (new order types added often) which are executed on the ECN, 3DFOREX.
Supported order types include: Limit, Market, Stop Limit, Stop Market, TTO (Threshold Triggered Order), and all of the related "+" orders that go with these.
Closing of MAT orders can be accomplished one account at a time, by a percentage of current open positions, or the entire group's positions at once.
Individual clients can be given the ability to log into their own account and view, in real time, their open positions and trading activity; they may also obtain historical statements.