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Oanda launches v20 trading engine, execution speed at “1/30th of the blink of an eye”
Oanda, the Canadian-based forex brokerage that is among the major players on the global forex market, announced it is launching v20 – a proprietary “state-of-the-art” trading engine. According to the company announcement, v20’s execution speed is “1.3 milliseconds, which is four times faster than the legacy trading engine and, for comparison, 1/30th of the blink of an eye”. The new trading engine is based on a multi-cluster machine architecture, which increases the speed of data flow significantly. The v20 also expands the order types and options offering, supports simultaneous long and short positions ... (full story)
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