San Francisco - OANDA, a provider of online multi-asset trading services, commemorates its 20th anniversary with the launch of v20. v20's execution speed is now 1.3 milliseconds1, which is four times faster than the legacy trading engine and, for comparison,1/30th of the blink of an eye.
The engine is built on a multi-cluster machine architecture. The company says this redefines the way data flows through the system and allows OANDA to increase speeds.
v20 also offers professional features such as: increased access to more order types and options; support for simultaneous long and short positions; and the ability to execute larger trade sizes through the new simulated depth of market feature.