Saturday, April 24, 2010

About OANDA

OANDA started in 1995 as the first online provider of comprehensive currency exchange information. Since then the "OANDA Rate"(R) has become the touchstone for corporations, tax authorities, auditing firms and even central banks. In 2001 OANDA launched FXTrade, the first fully automated online forex trading platform. FXTrade was the first platform to offer immediate execution, support trades and accounts of any size, enable true 24/7 trading, and eliminate the rollover swap by calculating interest by the second. OANDA's innovative technology has enabled it to sustain a large trading volume. Peak performance has been measured at 1.5 million trades a day, far exceeding the volume typically handled through any of the leading global banks or electronic communication networks (ECNs) that trade forex.


OANDA Corporation is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). OANDA Corporation owns the following subsidiaries: OANDA Asia Pacific Pte Ltd, regulated by the Monetary Authority of Singapore with a Capital Markets Services license; and OANDA Middle East Corporation Ltd., with a license from the Dubai Financial Services Authority (DFSA).

www.oanda.ae

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