FinGraphs for OANDA application provides retail forex traders live streaming analysis of multiple financial instruments and quick access to trading with the embedded fxTradeNOW bookmarklet
SINGAPORE, Dec. 4, 2013 /PRNewswire/ -- OANDA, a global provider of innovative foreign exchange trading services, has partnered with FinGraphs to provide currency traders who use technical analysis in their trading strategies an automated application that provides real-time analysis of multiple financial instruments including forex, precious metals, and contracts for difference (CFDs).
The FinGraphs for OANDA technical analysis tool spans investment horizons ranging from several years to intraday or intra-hours. The web-based application provides automated price trend identification viewable in three time frequencies ("Markets in 3D": short-, medium-, and long-term) with a focus on defining investment horizons, identifying possible trends, price targets, and potential market stress.
Designed specifically for OANDA's retail forex traders, FinGraphs for OANDA is available to all fxTrade clients worldwide for a free seven-day trial. Thereafter, OANDA's clients will be offered the service on a monthly subscription basis. Moreover, OANDA's clients can trade directly from the FinGraphs analysis screen without navigating away from the page by using the innovative fxTradeNOW bookmarklet.
"Trading forex is difficult and there are many risks. An automated technical analysis solution such as FinGraphs for OANDA assists investors by providing them with a tool that will help them identify emerging trends," said George Nassar, Product Management, OANDA Corporation. "This solution offers OANDA's trading clients an integrated, scalable, and adaptable way to manage the risks of trading in a volatile forex market."
The FinGraphs for OANDA solution is part of OANDA's burgeoning industry partnership program.
"We are proud and excited to partner with an award-winning forex broker like OANDA and to see our FinGraphs instrument offered to OANDA's clients," said Jean-Francois Owczarczak, Director of Management Joint Trust SA, the Switzerland-based firm that launched FinGraphs. "The FinGraphs for OANDA solution deploys an automated methodology that will provide investors with a unique decision-making tool."
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About OANDA
OANDA has transformed the business of foreign exchange through an innovative approach to forex trading. The company's award-winning online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. OANDA's powerful, flexible fxTrade platform is also accessible via mobile applications for iPad, iPhone, and Android devices.
In 2012, OANDA was named "Best Forex Provider" by the Financial Times and by Investors Chronicle; "Best FX Broker" by Forex Magnates; and was recognized by Investment Trends Singapore as providing "Best Value for Money" and "Highest Overall Client Satisfaction." OANDA was also the first online provider of comprehensive currency exchange information. Today, the company's OANDA Rate® data are the benchmark rates for corporations, auditing firms, and global banks.
OANDA has five offices worldwide, in Chicago, London, Singapore, Tokyo, and Toronto. The company is regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the International Enterprise Singapore (IES), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Conduct Authority (FCA), and the Japanese Financial Services Agency (FSA).
This information is made available to you by OANDA Asia Pacific Pte Ltd. The information on this material is not directed at residents of the United States, nor is it intended for distribution to, or use by, any person in any jurisdiction, where such distribution or use is contrary to local laws or regulations.
The technical analysis tool discussed herein is not to be construed as a means to facilitate specific advisory or investment recommendations. No representation or implication is being made that using the FinGraphs for OANDA will generate profits or prevent losses.
About Management Joint Trust SA
Founded in 1969 in Geneva, Switzerland, Management Joint Trust SA provides proprietary technical analysis, asset allocation, and stock picking consultancy services to financial institutions. In September 2012, the firm launched FinGraphs, a didactic financial graphs platform aimed at investment professionals worldwide.
For media inquiries, please contact:
The Hoffman Agency for OANDA Asia Pacific
Jacintha Ng
Direct: +65-6361-0250
OANDASG@hoffman.com
www.hoffman.com
Bernice Couto
Global PR Manager, OANDA Corporation
Direct: + 1-416-593-9436, ext. 386
bcouto@oanda.com
Source: OANDA