16 December 2017
visit www.aciworldwide.com

Oanda releases FXManager for multi-client trade execution and reporting

24 July 2007  |  1867 views  |  0 Source: Oanda

OANDA Corporation, trendsetter in Internet-based forex trading and global leader in currency information services, introduces FXManager, an interface for forex investment managers to support multi-client trade execution and reporting.

FXManager continues the OANDA tradition of full automation, efficiency and ease of use.

FXManager is a full Percentage Allocation Money Manager (PAMM) solution: the investment manager trades on FXTrade using one aggregate account, with each order automatically split across multiple client accounts based on the investment managers pre-defined allocation instructions. Fee calculations are applied automatically according to fee schedules, also predefined by the investment manager. The investment manager controls the behavior of FXManager through simple, spreadsheet-like tables. Numerous manager reports are updated automatically in real time. Clients have their own logins and can access the latest account information at any time. Other custodial features, such as client onboarding and client fund allocation, require minimal manager involvement.

FXManager underwent extensive beta testing to ensure it was the right solution. Says Michael Stumm, president of OANDA, "Based on the overwhelming uptake of FXManager and the positive feedback so far, this type of interface was long overdue."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.ebaday.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10380 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9840 views comments | 18 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7071 views comments | 19 tweets | 21 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6473 views 0 | 4 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
6236 views comments | 9 tweets | 9 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job