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Financial industry news and events for RIAs.

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TradePMR Adds Trailing Stop Orders to its Advisor Workstation

Nov 2, 2016 8:52:54 AM

Gainesville, FL – 2016 – Trailing Stop orders can be an invaluable tool for Financial Advisors providing added flexibility in helping secure profits through automatically adjusting an open stop order as markets move in their favor.

“In today’s volatile markets, it’s important for advisors to have the ability to place stop orders to help protect profits for their clients.” Said Scott Victoria, Director of Trading at TradePMR.

The TradePMR trailing stop feature helps to automate this process for advisors across their entire book of equity positions. Trailing stop orders can be placed as a percentage below the current market price and the system will periodically adjusts the stop orders up if the security has reached a new high for the trading day.

Trailing Stops are available to TradePMR advisors at no additional cost as part of its eCustody Advisor Workstation.

About TradePMR

TradePMR is a privately held brokerage firm (Member FINRA/SIPC) located in Gainesville, Florida. Since 1999, it has been a leading provider of Brokerage and Custody services to Independent Registered Investment Advisors (RIAs) and their clients by providing an integrated web-based workstation that enables RIAs to run their practices more efficiently and effectively. TradePMR Brokerage and Custody Services for Registered Investment Advisors

For further information contact Rob Dilbone, Managing Director
352.332.8723 (ext. 105), rdilbone@tradepmr.com

Written by TradePMR