OANDA Opens Doors in Silicon Valley
SAN FRANCISCO – November 5, 2014
OANDA, a global provider of forex trading services and investment products, is pleased to announce that it has opened an office in San Francisco, California. New to Silicon Valley geographically, OANDA’s start-up mindset and computer engineering pedigree was introduced nearly 20 years ago.
“When OANDA opened its first office in Toronto, our focus was to use our collective technology expertise to transform the forex market; to create a fair and transparent marketplace, and provide individual FX traders access to it,” said Natasha Lala, Chief of Staff, OANDA Corporation. “Today, as we open our doors in San Francisco, our focus is largely the same. But as we make our best-in-breed fxTrade and fxTrade Mobile platforms smarter and faster, we also look toward how we can further transform the retail investing industry at large.”
Fueled by the recognition of its clients with awards like the “Highest Overall Client Satisfaction” and “Best Value for Money” in Investment Trends’ 2014 USA FX Report, OANDA continues to invest in its staff and operations in North America and abroad.
“OANDA is a world-class company with operations in most of the globe’s finance and technology hubs, and it was time that we added Silicon Valley to that roster,” said Ed Eger, President and CEO, OANDA Corporation. “2014 has been a transformative year for this company. With strong and expanding teams in North America, Europe, and Asia Pacific, we are poised for more significant transformation in 2015 to the benefit of retail investors the world over.”
OANDA Corporation transformed the business of foreign exchange through an innovative approach to forex trading. The company’s industry-leading online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. In 2014, OANDA was honored to receive the coveted “Highest Overall Client Satisfaction” and “Value for Money” awards in Investment Trends’ 2014 USA and UK Leveraged FX Reports. OANDA was also recognized as the “Best Value Forex Broker,” and MarketPulse, OANDA’s macroeconomic news site, was named the “Best Forex Media Resource” at the 2014 U.K. Forex Awards.
OANDA was the first online provider of comprehensive currency exchange information, and today the company’s OANDA Exchange Rates® data provides benchmark rates for corporations, auditing firms, and global banks.
OANDA has seven offices worldwide, in Toronto, San Francisco, New York, London, Singapore, Tokyo, and Sydney. OANDA is fully regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Conduct Authority (FCA), the Japanese Financial Services Agency (FSA), and the Australian Securities and Investments Commission (ASIC).