$100-Million Investment in OANDA Corporation Recognizes Growth Potential in the Frenetic World of Forex

September 25th, 2007

About OANDA

OANDA successfully redefined the business model and the practice of currency trading with the release of FXTrade, which challenged the way old-line forex brokers had traditionally served currency traders. OANDA has made it possible for investors to take advantage of tight spreads, more flexible trade sizes, continuous interest, and true straight-through processing (STP) — important features that previously were not uniformly available to all investors. "From the outset one of our most important goals was to democratize the forex market. We will use our new capital to continue that pursuit as we develop new products and services in this emerging marketplace," added Richard Olsen, who co-founded OANDA with Stumm in 1996.

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With its launch of FXTrade in 2001, OANDA was one of the first companies to offer fully automated online currency trading. The OANDA FXTrade system provides retail and institutional clients a state-of-the-art platform that enables competitive, real-time access to the foreign exchange market. To date, more than 275,000,000 trades have been executed over the FXTrade platform. For more information about OANDA and its services, please visit www.oanda.com.


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