We are excited to announce upcoming changes to cMirror in version 2.0 which will be released soon, with many more new features planned for 2018. This is just the first installment which contains mostly under-the-hood changes. Please find the details below.
Time Weighted ROI
We have aligned cMirror with the industry standard calculation method and are now showing time-weighted ROI (TWR). TWR measurement is required by the Global Investment Performance Standards published by the CFA Institute. The time-weighted method supposes that cash inflows, cash outflows and amounts invested over different time periods have no impact on the resulted value. The migration to this new calculation method may cause your ROI to change due to the introduction of the new underlying calculation method. You can find more details on the calculation method here.
New Monthly ROI chart
We have introduced a new type of performance chart called Monthly ROI Chart. ROI per month is calculated as account's change in equity from the beginning of the month until the end of the month and offsets any deposits and withdrawals.
Improved ROI Filter
Previously, there was the ROI slider with which it was hard to adjust for necessary values. Now the slider is replaced with a drop down which offers predefined values. Now filtering is more user-friendly.
Sorting strategies has been moved to server-side and strategies are shown in pages as opposed to infinite scrolling style, this means cMirror does not request excessive data for strategies on launch but only the necessary data for the current page. Because of this cMirror works faster.
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Will ctradercopy cater to professional money managers which work under a formal regulation like ASIC?
Because regulated money managers can only work with selected clients after they pass their KYC and other regulatory requirements. Some can only work with high net worth clients or other professional institutions, and not just with any unknown retail person or with US or Japan residents?
Or is it mainly aiming to be a retail copy trading platform?