OANDA

OANDA
Startup/business
New York City, New York, United States United States
http://www.oanda.com
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Company description

OANDA uses innovative computer and financial technology to provide Internet-based forex trading and currency information services to everyone, from individuals to large corporations, from portfolio managers to financial institutions. OANDA is a market maker and a trusted source for currency data. It has access to one of the world's largest historical, high frequency, filtered currency databases.

OANDA was founded on the belief that technology and the Internet would globalize the marketplace, creating an unprecedented need for currency-related products and services. Today, the global forex market trades over $2 trillion/day (30 times larger than NASDAQ and NYSE combined), with online retail trading a rapidly growing part of that market. We estimate that over 20% of the world's online spot forex transactions take place on OANDA's servers.

Who uses OANDA?
Travellers go to OANDA.com for daily and historical currency tools and simple conversions.
Businesses, including the big four auditing firms, depend on OANDA foreign exchange rates as the authoritative source of foreign exchange data for back office operations, web applications, and other uses.
Forex traders use OANDA's leading FXTrade platform for real-time executable pricing, the tightest spreads, immediate settlement, continuous interest payments, and no trade minimum.
Financial Institutions use OANDA's white label solution to adapt FXTrade technology to their own needs.
Portfolio managers depend on decision support and risk management tools, news services, and FXManager, the trading interface for multi-client trade execution and reporting.
Educators and students can better understand forex through forums, contests, tools and other resources.