Difference between revisions 488949302 and 488949370 on enwiki

{{Advert|date=May 2011}}
{{Infobox company
| name             = OANDA Corporation
| logo             = [[File:Oanda-logo.svg]]
| caption          = 
| type             = Private
| traded_as        = 
| fate             = 
(contracted; show full)

Ownership and regulatory information on OANDA are available from its NFA listing.<ref>[http://www.nfa.futures.org/BasicNet/Details.aspx?entityid=0325821 NFA listing].</ref>

== Features==
The site has an [[electronic trading platform]] (
FXfxTrade<ref>FXfxTrade is unusual among trading programs in that it is written in [[Java (programming language)|Java]], allowing it to run on many computers whose Web browser supports a Java language plug-in, with reduced dependency on the underlying operating system.  FXfxTrade is installed over the network each time it is started, so the user is always using the latest software version.</ref>), currency conversion tools, a foreign exchange wire service (FXfxGlobalTransfer), a corporate hedging consulting service (FXConsulting), discussion forums, tables of historical currency data, as well as forex news and analysis.<ref>OANDA web site, plus [http://findarticles.com/p/articles/mi_m0FWE/is_5_3/ai_55015342/pg_2 Quick access: find statistical data on the Internet], Di Su, "Information Outlook", published May 1999, accessed December 30, 2006.</ref>{{reference needed|date=August 2011|OANDA's historical tables are used by some companies to calculate average exchange rates for accounting purposes}} OANDA provides many Foreign Exchange services besides FXfxTrade, their FOREXforex trading platform. They provide conversion tools and currency charts for businesses to integrate into their sites and indexes and information for travelers.<ref>Oanda Review in Daily Forex - [http://www.dailyforex.com/_4_review_Oanda.aspx Forex Trading by DailyForex]</ref>

Mathematician [[Benoît Mandelbrot]] singles out OANDA's FXfxTrade technology as one example of how the foreign exchange market works when small investors and big investors are set on an equal footing, having removed the unfair commission structure.<ref>"The (Mis)Behavior of Markets: A Fractal View of Risk, Ruin, and Reward," [[Benoît Mandelbrot]] and Richard L. Hudson, page 257</ref> 

The forex market, despite its vast size, can be vulnerable to periods of illiquidity. These periods pose a risk to an interconnected globalized economy that is increasingly dependent on foreign currency exchange for currency disintermediation and [[micro-hedging]], along with everyday [[Business-to-business|B2B]] and [[B2C]] cross-border transactions.

==References==
{{Reflist}}

== External links ==
* [http://www.oanda.com/ Official website]

[[Category:Financial services companies of the United States]]
[[Category:Foreign exchange companies]]
[[Category:Companies based in New York City]]
[[Category:Financial derivative trading companies]]