OANDA News Center

Financial Post, April, 2009 At OANDA, there's been nothing but opportunity during the past seven months as retail investors turn to forex trading in the face of historic currency fluctuations. (Full story.)

Euromoney, July 2008. Euromoney shortlists OANDA in its 2008 Award for Excellence for Best Global Foreign Exchange House. OANDA deserves special mention because it "has democratized FX in a way the banks simply have not." (Full Story)

www.emediawire.com, July 11, 2008. OANDA Corporation, widely recognized as an innovator of efficient online currency services, has introduced FXGlobalTransfer, a wire service that sets new standards for low cost, transparency, and effective cash management in cross-border funds transfer.(Full Story)

www.alleyinsider.com, April 29th, 2008. Online business site Silicon Alley Insider (SAI) ranks OANDA among the world's top ten most valuable private digital startups. At number ten, OANDA joins the ranks of industry giants like Facebook, Wikipedia, and Mozilla Corp.(Full Story)

Futures, February 1st, 2008. OANDA's FXTrade trading platform is more than just a business, and has been from the day Richard Olsen and Michael Strumm launched it in 2001. "For Michael, it was a chance to prove that all the technical innovations he teaches are real and doable, and that you can build a trading platform of institutional quality on a retail budget." Olsen says. Stumm says: "For Richard, it's about saving the world." (Full Story)

Financial Times, November 19th, 2007. "With continuous interest rates, central banks could intervene second by second to make smaller, more selective (and less damaging) adjustments. This would stabilise the foreign exchange market and restore the link between a currency's price and its yield." - Richard Olsen. (Full story.)

Euromoney, August 10th, 2007. OANDA's Richard Olsen and Michael Stumm point to the reasons for the remarkably rapid rise of the retail foreign exchange market in their guest column, "Retail FX: the triumph of hope over experience." (Full story.)

Euromoney, March 19th, 2007. "Oanda has actually come up with something that looks genuinely innovative by adding five new currency pairs to its FXTrade platfrom. These are USD/CNY, USD/TWD, USD/UNR and EUR/TRY and EUR/TRY. Few banks offer these on a streaming basis and OANDA certainly looks to be the first in retail." ( Subscription required to read the Full Story )

Euromoney, March 12th, 2007. "Richard Olsen, Oanda's joint chief executive, agrees that growth rates will remain high. "The idea of internet trading has not reached the man on the street. The potential for further client growth is huge."
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Chicago Tribune, November 27, 2005. "People aren't quite sure on where things are going to go," said Michael Stumm, president of OANDA (www.oanda.com), which provides foreign-exchange services for travelers. "The dollar has gotten quite a bit stronger and has flattened off a bit." Full Story

www.financial-spread-betting.com, September 21, 2005, Exclusive OANDA and FXBoxOption Interview by Andy Richardson, Financial-Spread-Betting.com
Michael Stumm: It has been very positive. BoxOption was released just recently. We were very surprised how many different clients bought BoxOptions. Clients just love the simplicity of the user interface. Full Story

.. in search of Rule Breakers of the future., September 24, 2005, by Tim Beyers, The Motley Fool.
New York-based OANDA, which provides a technology platform for trading currency over the Web, has decided to tap the private equity market after nine years in operation. The company raised $17 million in its first round. OANDA told VentureWire that it has been profitable since 2001 and that it has grown by "a factor of three" over the last four years. Sounds like a Breaker in the budding to me.

Security Industry News, September 5, 2005. OANDA, which pioneered Web-based reporting of foreign currency rates ten years ago and launched its FXTrade e-trading platform in 2001, last month officially launched the BoxOption. It's a bit exotic, described as a cross between a binary option and a corridor option, but on the computer screen it is elegantly simple.

Barron's, August 1, 2005. OANDA's currency-conversion and localization services cover 164-plus currencies and are available in seven languages. Their mock-trading application is FXGame... and it credits the player with $100,000 in "play" U.S. dollars -- and it's free of charge.

E-ForexBrokers.com, July 26, 2005. While most brokers allow only the standard ($100,000) or mini ($10,000) lot size, OANDA gives traders the ability to trade any lot amount. Another attractive quality is that has its own user forum. In addition, OANDA has the capacity to have multi-denominated sub accounts other than in USD with no minimum deposit.

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Press Releases

June 22, 2009 OANDA, long recognized as a foreign exchange leader, today announced that the company has won two leading industry awards from World Finance Magazine and Treasury Today Magazine.

March 2, 2009. OANDA Corporation has introduced FXConsulting for Corporations, a professional service that will help large and small companies understand their foreign currency risk, use online tools to preview strategies for managing that risk, and calculate the cost before they commit.

July 11, 2008 OANDA Corporation, widely recognized as an innovator of efficient online currency services, has introduced FXGlobalTransfer, a wire service that sets new standards for low cost, transparency, and effective cash management in cross-border funds transfer.

January 8, 2008 OANDA Corporation, well known for pioneering Internet-based forex trading and a global leader in currency information services, announces today that it has broken the sound barrier in foreign exchange and lowered its standard spread on EUR/USD to an astonishing 0.9 pips.

September 17, 2007 OANDA Corporation, well known for pioneering Internet-based forex trading and a global leader in currency information services, announces today that a consortium of investors has invested $100 million in the company's Series B round of venture capital funding.

New York, July 23, 2007 OANDA Corporation, trendsetter in Internet-based forex trading and global leader in currency information services, introduces FXManager, an interface for forex investment managers to support multi-client trade execution and reporting. FXManager continues the OANDA tradition of full automation, efficiency and ease of use.

New York, March 14, 2007 - OANDA, a pioneering foreign exchange trading and information company, today announced it has added five new currency pairs to its trading platform FXTrade.

New York, August 01, 2005 - OANDA's BoxOption Opens a New Era in Currency Options Trading

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