OANDA Partners with Currenex to Deliver Institutional Platform

[kreslik.news]

Having solidified itself in the retail space, OANDA is now making inroads into the institutional segment with the launch of OANDA Pro. Powered by State Street’s Currenex, the new platform will help cater to a growing institutional client base, including hedge funds, brokers, CTAs, proprietary trading firms, and others.

Per the new partnership, OANDA Pro will help deliver liquidity from multiple streaming banks, non-banks, as well as Currenex’s ECN, all into a consolidated Central Limit Order Book. The initiative helps OANDA expand its market footprint into the institutional space, amidst rising demand.

This stance was reiterated by Vatsa Narasimha, President & CEO ... (read more)