Are the click through links masked or are they shown from server address?

If there are shown from the server address, is there an automated way to mask links?

What do you mean with masking links?

Currently we are using http://linktrack.info to create tracking links for email campaigns. It masks the existing links to advertisers with links that track clicks. We would like to replace that with MaxBulk as the existing process is cumbersome with all the copy and pasting back and forth into the creatives.

Tracking links should call lm.php on your site with all the tracking parameters. I don't see how you can mask that :-/