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OANDA Launches Electronic Trading of New Exotic Currency Pai

发布于:2018-10-03 作者:AG集&#

First Company to Offer Speculative Trading of Chinese Currency

NEW YORK, March 14 /Xinhua-PRNewswire/ -- OANDA, a pioneering foreign exchange trading and information company, today announced it has added five new currency pairs to its trading platform FXTrade. Traders will now be able to buy and sell the Chinese Yuan (USD/CNY), the New Taiwan Dollar (USD/TWD), the Indian Rupee (USD/INR) and the Turkish Lira (UR/TRY, USD/TRY) on the spot foreign exchange market.

This offering extends OANDA's support for trading of exotic currencies and provides the first venue for electronic trading of the Chinese Yuan. FXTrade now provides electronic trading of 38 currency pairs, including all of the major crosses and exotics such as the Thai Baht, Singapore Dollar and Saudi Riyal, as well as gold and silver.

"Since our inception 10 years ago, we've remained committed to providing the best trading experience for foreign exchange in the market," said Michael Stumm, president of OANDA. "With the growing importance of countries like China, India and Turkey on the global economy, it is especially exciting to add trading of those currencies to our system."

About OANDA

OANDA Corporation is a pioneer in Internet-based currency trading and a global leader in currency localization and information services. FXTrade, OANDA's Java-based foreign exchange trading platform, offers retail and institutional clients a cutting-edge platform that provides competitive, real-time access to the foreign exchange market. When it launched in 2001, FXTrade was one of the first fully automated currency trading systems. Now, clientAAAAecute more than five million market orders per month over FXTrade, have access to the narrowest spreads available in the market, and can utilize innovative tools and data for traders through OANDA's FXLabs ( http://fxlabs.oanda.com ). For more information about OANDA and its services, please visit http://www.oanda.com .

OANDA is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). FXTrade and OANDA are trademarks of OANDA Corporation.

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