wikipedia s general notability guideline . please help to establish notability by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond its mere trivial mention . if notability can not be established the article is likely to be merged redirected or deleted . find sources oanda news newspapers books scholar jstor free images august 2016 learn how and when to remove this template message oanda type private industry financial services currency trading founded 1996 1996 1 2 headquarters toronto canada key people richard olsen co founder dr michael stumm co founder edmond eger iii ceo website www.oanda.com oanda is a canadian based foreign exchange company providing currency conversion online retail foreign exchange trading forex online foreign currency transfers and forex information . in the us it is a non bank futures commission merchant fcm specialized in spot forex trading and a registered fcm with the commodity futures trading commission cftc and a member of the national futures association nfa . 3 contents 1 history 2 operations 3 see also 4 references 5 external links history edit oanda was co founded by michael stumm a professor of computer engineering at the university of toronto and richard olsen of the olsen ltd. a leading econometric research and development firm . 4 5 oanda is an outgrowth of the swiss olsen group and was created to serve as an internet trading platform to automate techniques based on the group s research in foreign exchange trading . 6 much of oanda s technology is based on algorithms published in the book high frequency finance 7 which was co authored by dr. richard olsen a principal of oanda and co inventor of these algorithms . in 1996 oanda corporation the us subsidiary was incorporated in the state of delaware and initially provided online access to live currency information that was previously inaccessible to the public at large . at its inception oanda.com offered free currency conversion tools tables of historical data news and analysis through a multilingual interface . 8 on december 2 2013 oanda appointed edmond eger iii as a new ceo in place of k duker . 9 operations edit the company s main product is their electronic trading platform fxtrade currency conversion tools a foreign exchange wire service fxglobaltransfer a corporate hedging consulting service fxconsulting discussion forums tables of historical currency data as well as foreign exchange news and analysis . 10 they also provide conversion tools and currency charts and indexes and information for travelers . 11 mathematician beno t mandelbrot mentioned oanda s fxtrade platform 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 . 1 see also edit list of foreign exchange companies references edit a b beno t mandelbrot ; richard l. hudson . the mis behavior of markets a fractal view of risk ruin and reward . basic books . p. 257 . isbn 0 465 04355 0 . https www.oanda.com resources about basic details . nfa national futures association . retrieved 2016 10 04 . http www.oanda.com corp story http www.eecg.toronto.edu stumm research coming from a trading floor near you michael halls global finance published june 2003 accessed december 30 2006 . dacorogna michel m. ; gen ay ramazan ; muller ulrich a. ; pictet olivier ; olsen richard 2001 . an introduction to high frequency finance . academic press . isbn 0 12 279671 3 . alaton salem march 8 2001 . need some yen in a hurry try the web ; new services to let travellers order foreign ; currencies on line for overnight delivery . the globe and mail . oanda corporation appoints new president and chief executive officer . forexbrokernews.com . 2013 12 02 . retrieved 2013 12 04 . oanda web site plus quick access find statistical data on the internet di su information outlook published may 1999 accessed december 30 2006 . oanda review in daily forex forex trading by dailyforex external links edit official website retrieved from https en.wikipedia.org w index.php title oanda & oldid 742669254 categories financial services companies of the united statesforeign exchange companiescompanies based in torontofinancial derivative trading companiescanadian brandshidden categories articles with topics of unclear notability from august 2016all articles with topics of unclear notabilityofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 5 october 2016 at 02 21 . text is available under the creative commons attribution sharealike license ; 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