OANDA Launches Electronic Trading of New Exotic Currency Pairs

OANDA Launches Electronic Trading of New Exotic Currency Pairs

March 14, 2007

First Company to Offer Speculative Trading of Chinese
Currency

    NEW YORK, March 14 /Xinhua-PRNewswire/ -- OANDA, a
pioneering foreign exchange trading and information
company, today announced it has added five new currency
pairs to its trading platform FXTrade.  Traders will now be
able to buy and sell the Chinese Yuan (USD/CNY), the New
Taiwan Dollar (USD/TWD), the Indian Rupee (USD/INR) and the
Turkish Lira (UR/TRY, USD/TRY) on the spot foreign exchange
market. 

    This offering extends OANDA's support for trading of
exotic currencies and provides the first venue for
electronic trading of the Chinese Yuan. FXTrade now
provides electronic trading of 38 currency pairs, including
all of the major crosses and exotics such as the Thai Baht,
Singapore Dollar and Saudi Riyal, as well as gold and
silver.

    "Since our inception 10 years ago, we've remained
committed to providing the best trading experience for
foreign exchange in the market," said Michael Stumm,
president of OANDA.  "With the growing importance of
countries like China, India and Turkey on the global
economy, it is especially exciting to add trading of those
currencies to our system."

    About OANDA

    OANDA Corporation is a pioneer in Internet-based
currency trading and a global leader in currency
localization and information services. FXTrade, OANDA's
Java-based foreign exchange trading platform, offers retail
and institutional clients a cutting-edge platform that
provides competitive, real-time access to the foreign
exchange market.  When it launched in 2001, FXTrade was one
of the first fully automated currency trading systems.  Now,
clients execute more than five million market orders per
month over FXTrade, have access to the narrowest spreads
available in the market, and can utilize innovative tools
and data for traders through OANDA's FXLabs (
http://fxlabs.oanda.com ).  For more information about
OANDA and its services, please visit http://www.oanda.com
.

    OANDA is a registered Futures Commission Merchant (FCM)
with the Commodity Futures Trading Commission (CFTC) and is
a member of the National Futures Association (NFA). 
FXTrade and OANDA are trademarks of OANDA Corporation.


    For more information, please contact:

     Damon Leavell
     Forrest PR
     Tel:   [phone] 
     Email: [e-mail]