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OANDA Helps Traders Build, Test and Deploy Algorithms

Traders Magazine Online News, June 8, 2017

John D'Antona Jr.

Firms that want to design, build, and deploy algorithms are now getting access to a safe cloud-based ecosystem that will allow them a safe testing haven.

Online trading firm OANDA is now helping its clients connect to QuantConnect, provider of an open-source cloud-based algorithmic trading engine, the ability to research, build, test and deploy their own trading algorithms directly from OANDA’s platform.

OANDA’s retail clients now enjoy access to the OANDA Algo Lab, where they can harness the power of QuantConnect’s cloud-based algorithmic trading engine for free. In addition, the agreement provides OANDA clients with access to a focused community of algorithmic and quantitative traders, as well as series of online trading tutorials that could help add a new dimension of discipline to their trading strategy.

“At OANDA, we are firmly committed to partnering with clients on their journey towards becoming a successful self-directed trader, offering award-winning education resources, up-to-the-minute market commentary and state-of-the-art trading tools that arm our clients with the necessary insights to help them identify trading opportunities while protecting their portfolio from risk,” said Alex Case, Director of Product Management, Trading Platforms at OANDA. “We believe our integration with QuantConnect will further enhance the trading experience of our clients, providing them with an opportunity to fine tune their algorithms before they are executed.”

“We’re thrilled to integrate with OANDA and provide the firm’s customers with a service they’ve never had access to before,” offered QuantConnect CEO Jared Broad. “OANDA is a leading firm in the industry, and it’s exciting to know that QuantConnect’s platform will be helping their users trade smarter and more efficiently.”

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