Corporate History
OANDA was founded upon the belief that technology, primarily
the Internet, would have a significant impact on the "globalization"
of the worldwide marketplace and, henceforth, a significant
impact on the demand for currency-related products and services.
The Company, a Delaware corporation, was established in 1996
and is headquartered in New York City with offices in Zurich
and Toronto. OANDA was co-founded by Dr. Michael Stumm, a
professor of Computer Engineering at the University of Toronto,
and Dr. Richard Olsen of The Olsen Group (formerly Olsen &
Associates), a leading econometric research and development
firm whose world-renowned products have been in use at over
70 major institutions.
Business Overview
OANDA is a leading technology and financial services provider
of currency conversion and localization tools, decision support
and risk management applications, database technologies and
transaction services. The Company was an early pioneer in
the development of proprietary conversion, localization and
forecasting technologies for use in the digital economy. Through
its affiliation with The Olsen Group (see below), OANDA has
access to one of the world's largest historical, high frequency,
filtered currency databases. Most recently the Company has
developed FXTrade, a proprietary and fully automated Internet-based
trading platform that serves as the basis for OANDA's private
and white label FX trading solutions.
The Web site - www.oanda.com
OANDA is the premier online destination for foreign currency
tools and applications as well as foreign exchange related
content and community targeted at investors, businesses and
travel clients. The Company's currency conversion and localization
services cover 164+ currencies and are available in 7 languages.
To date, OANDA has established a 14,000 + global client base
that includes well-known and diverse companies such as AOL,
Nokia, iVillage, CNNfn, Thomas Cook, United Airways, and Concierge.com.
About FXTrade
OANDA's proprietary FXTrade Platform comes from 15+ years
of foreign exchange research and analysis. The platform was
developed with the goal of making currency trading significantly
more convenient than it is through other means. FXTrade is
truly revolutionary in what it has to offer.
For further information about the benefits of trading via
OANDA's FXTrade Platform, visit: Why
Trade with OANDA?