OANDA has selected FairXchange to provide the firm with independent execution analytics. As part of the deal, FairXchange will provide OANDA with access to its Horizon platform, which offers tools and techniques that help users manage and optimise their eFX business. Horizon is designed to facilitate constructive, data-driven dialogue between counterparties, helping them to identify mutually profitable opportunities.
FairXchange’s CEO, Guy Hopkins, said, “We are delighted to be partnering with OANDA, one of the true pioneers of the electronic trading industry. Our core philosophy is that everyone in financial markets – both liquidity consumers and providers – should be able to transact in a way that is commercially sustainable in the long term. Being truly independent, we are ideally placed to provide a fully transparent and impartial offering to OANDA.”