OANDA Marks 20th Anniversary with Launch of v20 – their Fastest, Most Advanced Trading Engine Ever

Proprietary Trading Engine Engineered for Elite Performance and Execution Technology led electronic trading company OANDA Corporation commemorates its 20th anniversary with the launch of v20. This proprietary, state-of-the-art trading engine offers an unparalleled trading experience – v20’s execution speed is now a stunning 1.3 milliseconds1, which is four times faster than the legacy trading engine […]

OANDA's expansion plans: Are they becoming a bank?

Proprietary Trading Engine Engineered for Elite Performance and Execution

Technology led electronic trading company OANDA Corporation commemorates its 20th anniversary with the launch of v20. This proprietary, state-of-the-art trading engine offers an unparalleled trading experience – v20’s execution speed is now a stunning 1.3 milliseconds1, which is four times faster than the legacy trading engine and, for comparison,1/30th of the blink of an eye.

“OANDA has always had technology and engineering at its core,” said Ed Eger, OANDA’s President and Chief Executive Officer. “v20 dramatically improves every aspect of the OANDA experience, reaching a new level of innovation and execution to create the best trading experience we have ever offered our clients. We were founded in 1996 on the belief that leveraging technology is the key to creating a retail trading market where novice and professional traders have access to the exceptional execution and market information that was once only available to a select few. That conviction carries through with the v20 trading engine we introduced today.”

The engine is built on a multi-cluster machine architecture. This redefines the way data flows through the system and allows OANDA to increase speeds significantly. In addition to institutional-grade speeds, v20 offers professional features such as: access to more order types and options than ever before; support for simultaneous long and short positions; and the ability to execute larger trade sizes through simulated depth of market features.

The global rollout of v20 is now complete and available to all OANDA clients.

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