OANDA Corporate News

• OANDA received a $100 million investment from a consortium that includes New Enterprise Associates (NEA), Legg Mason, Cascade Investments LLC, and T. Rowe Price. This is a vote of confidence in OANDA's business model that we will continue to pursue. There will be NO changes in our commitment to tight spreads, the best possible quality of execution and a consistent, high level of customer support. The $100M will go directly to OANDA's balance sheet, since this will accelerate corporate and institutional client acquisition. 

• OANDA FXTrade executes over 1.5 million trades in a single day. An exceptional day, no doubt. But no other market maker has ever executed that many trades in one day. We conservatively believe that at this time OANDA FXTrade engines execute over one fifth of the world's spot forex trades. So far, we have executed over 280 million transactions! 

• OANDA doubled its staff over the last 12 months to serve you better, to enhance our existing services, and to develop new services, products and tools.
   

OANDA FXTrade Platform Developments

• Lower spreads: we have lowered our spreads over the last several months on just about every pair, and FXTrade continues to have the most competitive spreads. As of today, the standard spread on EUR/USD is an astonishing 0.9 pips (although spreads are higher at the time of news and other market volatility). 

• Additional news sources: FXNews now provides the industry's highest quality news in real time and free of charge (registration required), from sources relied upon by professionals, including Thompson Financial, 4CAST, and UBS News. 

• New currency pairs: have been added, including the exotic pairs USD/CNY, USD/TWD, USD/INR, USD/TRY and EUR/TRY. OANDA FXTrade was the first, and is still the only platform to offer spot trading on the Chinese Yuan. 

• FX Desktop: now you can launch FXTrade and FXGame without having to download them from the Internet every time. 

• FX Manager: a sophisticated tool that allows investment managers to focus on trading forex for their clients, rather than on administration. This interface lets them trade funds for multiple clients with one easy-to-use PAMM interface, while clients can use their own login to see the results in real time.

FX Tools and Information

• ATNABTU: a forex news aggregation tool. Although news aggregation is not new, forex news aggregation has never looked like this! 

• Dean's daily FX blog: market commentary in concise text available every weekday morning on FX Forums. 

• FX Contest: allows you to define your own currency trading contests and have participants track their performance. 

• FX Ticks: free, historical tick-by-tick data.   

• FX Labs: contains many other new tools that either have been introduced recently or that are currently being experimented with. There are too many to list here, but some of the more interesting tools that allow you to trade smarter are:
  • FX News Effects: see how news moves the markets
  • FX P&F Charts: focus on the more important price movements and identify support/resistance levels easier
  • FX Activity: see recent volatility and price changes of all instruments at a glance in one executive summary
     

We are certainly excited by the above developments and hope you agree. Going forward, we expect development to accelerate significantly. We appreciate your continued business and will work exceedingly hard to deserve it.

If you have any questions regarding these or any other OANDA news, our customer support team and online forums are always here for you!

Regards,
The OANDA team