<s>
A	O
percent	B-Application
allocation	I-Application
management	I-Application
module	I-Application
,	O
commonly	O
known	O
as	O
PAMM	O
,	O
also	O
sometimes	O
referred	O
to	O
as	O
percent	B-Application
allocation	I-Application
money	I-Application
management	I-Application
,	O
describes	O
a	O
software	O
application	O
used	O
predominantly	O
by	O
foreign	O
exchange	O
(	O
forex	O
)	O
brokers	O
to	O
allow	O
their	O
clients	O
to	O
attach	O
money	O
to	O
a	O
specific	O
trader	O
managing	O
one	O
or	O
more	O
accounts	O
appointed	O
on	O
the	O
basis	O
of	O
a	O
limited	O
power	O
of	O
attorney	O
.	O
</s>
<s>
The	O
percent	B-Application
allocation	I-Application
management	I-Application
module	I-Application
is	O
a	O
form	O
of	O
piggybacking	O
a	O
large	O
investor	O
's	O
money	O
onto	O
the	O
smaller	O
account	O
of	O
a	O
trader	O
.	O
</s>
