Posts by Michael Stumm

Co-founder, CEO and president of OANDA Corp. University of Toronto computer engineering professor. Patent-wielding scientist. Critical thinker, maverick, entrepreneur.
Reflections on 2011
Posted by Michaelstumm / Dec 23
As the year draws to an end, I would like to take this opportunity to thank our clients and partners for their continued support throughout 2011, and the valuable trust
[...]
Forex traders, beware the Introducing Broker
Posted by Michaelstumm / Dec 07
It is common among forex brokers to rely on introducing brokers, or IBs, to acquire new clients. OANDA does not. Even though it costs us business. Here’s why: Most IBs
[...]
Market Storm Warning in Effect
Posted by Michaelstumm / Nov 17
Price volatility is hitting extreme levels in the foreign exchange market—so extreme that even seasoned professional forex traders have told me they’ve not seen markets like this in more than
[...]
Trading profitability depends on spreads
Posted by Michaelstumm / Nov 01
It is surprising how many traders, especially retail traders, do not understand the importance of spreads. Traders tend to focus on price when trading and often do not consider the
[...]
Retail traders outsmart conventional wisdom
Posted by Michaelstumm / Oct 14
There is a common perception (among regulators and policy makers, the press, and some forex professionals) that forex traders in the “retail” category really have no idea what they’re doing. Hence,
[...]
OANDA Insights: What to expect
Posted by Michaelstumm / Oct 04
Our intention is to use the OANDA Insights blog to discuss the issues and trends that affect the forex market and business in general. We hope it’s informative enough to
[...]
Why we do what we do
Posted by Michaelstumm / Oct 03
OANDA began to offer currency trading on the Internet in 2001. At the time, many in the banking world said it was a nice idea, but one that would never
[...]
< Newer Posts
Older Posts>
