OANDA Partners With eFXnews to Deliver New Research Application
- The app will be available in OANDA’s marketplace store, delivering to retail clients trading ideas from major banks
One of the first retail brokers in the world, OANDA, has partnere with eFXnews in order to deliver a new application to the broker’s Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term for additional trading tools, OANDA Marketplace. While a number of investment banks have been publishing forecasts, those do not necessarily represent the positions which the banks take.
Finance Magnates has presented to its readership the product which eFXnews is offering. The company is offering trading ideas which are provided by several investment banks to their clients. The top performers which are integrated into the solution include Morgan Stanley, BNP Paribas, Credit Suisse, Citi, Credit Agricole and Society Generale.
Overall, the service provides the latest FX forecasts from over 25 major banks in more than 80 currency pairs. Aside from traders, the tool may be a useful addition to hedgers and small and medium enterprises which do not have their own teams to protect them from currency movements.
The forecasts are updated in real-time with notifications from eFXplus being delivered to customers using the service through the web-based platform, or via email alerts.
Commenting on the launch, the Managing Director of eFXnews, Mark Melhorn, said, “We are excited to reach OANDA’s clients and believe that our application will lead to further insights into the FX market and assist in democratizing the flow of information.”
Looking at the performance of the Sell-Side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term research which the banks are providing, Morgan Stanley has been the resounding leader during the past year. Trading ideas recorded by eFXplus to its clients have netted more than 7,600 pips in 161 trades.
One of the first retail brokers in the world, OANDA, has partnere with eFXnews in order to deliver a new application to the broker’s Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term for additional trading tools, OANDA Marketplace. While a number of investment banks have been publishing forecasts, those do not necessarily represent the positions which the banks take.
Finance Magnates has presented to its readership the product which eFXnews is offering. The company is offering trading ideas which are provided by several investment banks to their clients. The top performers which are integrated into the solution include Morgan Stanley, BNP Paribas, Credit Suisse, Citi, Credit Agricole and Society Generale.
Overall, the service provides the latest FX forecasts from over 25 major banks in more than 80 currency pairs. Aside from traders, the tool may be a useful addition to hedgers and small and medium enterprises which do not have their own teams to protect them from currency movements.
The forecasts are updated in real-time with notifications from eFXplus being delivered to customers using the service through the web-based platform, or via email alerts.
Commenting on the launch, the Managing Director of eFXnews, Mark Melhorn, said, “We are excited to reach OANDA’s clients and believe that our application will lead to further insights into the FX market and assist in democratizing the flow of information.”
Looking at the performance of the Sell-Side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term research which the banks are providing, Morgan Stanley has been the resounding leader during the past year. Trading ideas recorded by eFXplus to its clients have netted more than 7,600 pips in 161 trades.