Oanda Europe offers institutional algorithmic testing and execution platform with Seer Trading Syste

Source: Oanda

Oanda Europe Limited, one of the leading global providers of online foreign exchange (“Forex”, “FX”), precious metals and CFD trading services, has partnered with Seer Trading Systems, providing OANDA client’s with an Institutional-grade algorithmic back-testing and forward execution platform.

 Seer Trading boasts algorithmic trading features that are not currently available across retail focused platforms, including the ability to back-test multi-instrument strategies, back-test across multi-strategy algorithms, access to R Project for statistical computing and graphics and the ability to deploy strategies on a linux VPS (“Virtual Private Server”) with enabled control of strategies. This combined with OANDA’s transparent pricing and deep liquidity provides one of the most powerful tools to algorithmic retail forex (“FX”, “Foreign Exchange”) traders.

Clients of OANDA now have the ability to build automated strategies that offer diversification across multiple instruments and tested on a market to market basis. The benefit helps avoid the surprises that present themselves to traders who are only watching single instrument strategies including only evaluating strategies based on equity curves.

Ilan Azbel, Director, SeerTrading commented, “Although a tool such as SeerTrading focuses on sophisticated algorithmic traders, this niche has become an important base of every broker’s clients. We are delighted that OANDA identified the importance of providing an Institutional-grade back-testing and forward execution tool for their clients.”

Trevor Young, Vice President, Product Management, OANDA commented, “The Seer Trading platform is one of the most quantitative trading platforms we have seen. Since OANDA provided access to our platform by offering trading API’s to our partners and clients, we have seen an increase in demand from our algorithmic traders who wish to run their strategies with OANDA across our fxTrade platform. Providing a powerful tool to allow them to develop, back-test and execute those strategies is a critical component for our traders and partnering with Seer provides them with these abilities. This partnership underpins OANDA’s commitment to the well- being of our clients”.

Comments: (0)