Oanda Bolsters Mobile FX Analytics

oanda-mobile-trader

Foreign exchange trading software vendor Oanda has boosted the technical analysis features of its FX Trade Mobile 3.2 application for iPhone, iPod, and Android smartphones and tablets.

The application provides "advanced" technical charting capabilities for currencies, enabling traders to draw more innovative charts -- including trend lines such as Fibonacci Fans, arcs, pivot points and mark chart patterns -- via their mobile devices, and to identify support and resistance levels for currencies and financial instruments on the go, company officials say.

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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