Friday, August 26, 2022

Oanda s.boxoption opens a.new era in currency options trading



BoxOption OANDA Heralds a New Era in Forex Options Trading


NEW YORK - (BUSINESS WIRE) - Feb. January 2005 - OANDA.


- The first of its kind. Intraday currency options.


Take a break from the limitations and complexities traditionally associated with options trading


To invest in the foreign exchange market and to hedge currency risks and currency positions


- Full integration with OANDA's forex trading platform


OANDA, the leading information and trading company in the forex market, today announced the launch of a new product called OANDA BoxOption. BoxOption removes the limitations and complexities traditionally associated with options trading, supports daily forex options, and allows clients to select their options in a graphical interface with any details and for any time frame starting from 5 minutes.


BoxOption is a strange cross between binary options and lane options. Traders use computer indicators to intuitively draw circles around future target prices, resistance or support levels in a graphical interface, request instant quotes from OANDA, and then buy options at their discretion. Both hitbox and miss are supported. After purchasing the option, the client can follow the evolution of the price in real time.


Customer returns are determined by fund size and location; The less likely it is to hit (or miss) the square, the higher the profitability. When the exchange rate exceeds the access fund, the client receives a fixed return for every $1 invested. There are no refunds if you "skip" the hitbox course. On the contrary, if the exchange rate does not match the required field, the customer receives a refund. Expired BoxOptions may be resold to OANDA at the stated resale value.


“This is the first and only product on the financial market,” said Michael Stumm, president of OANDA. “BoxOption offers both professional and individual investors a powerful new derivative instrument where they have a wide range of options, from hedging exchange rate risk and currency positions to investing directly in the movement of the currency market.”


The daily turnover of the global currency market is $1.9 trillion. About 90 percent of this volume comes during the day, when traders open and close their positions on the same day. BoxOption allows intraday traders to hedge their risk. The maximum loss for traders is the price of the box with a predetermined return or failure. BoxOption can be purchased for periods ranging from 5 minutes to 50 days and is currently available at boxoption. Oanda:


About OANDA


OANDA Corporation is a leading online forex trading company and a global leader in currency localization and information services. With one of the world's largest high-frequency, filtered historical currency databases, OANDA was the first company in 1995 to offer a wide range of exchange rate information for free on the Internet. Today, it submits more than a million inquiries daily. In 1997, OANDA became a provider of Internet Business-to-Business (ASP) applications and currently serves more than 75,000 ASP clients worldwide. Thanks to FXTrade, OANDA was one of the first companies to bring a fully automated forex trading system to the Internet in early 2001. OANDA's FXTrade system provides individual and institutional clients with a cutting-edge platform that provides competitive, real-time access to the foreign exchange market. For more information about OANDA and its services, visit oanda.


OANDA is a futures trader (FCM) registered with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA). Each BoxOption contract is an individual contract between the customer and OANDAC and cannot be exchanged or sold independently. BoxOption, FXTrade and OANDA are trademarks of OANDA Corporation.

Apa Komentarmu

Blog Archive

recent posts

banner image

Random Posts

randomposts

Recent Post

recentposts