Tech briefs

Oanda adds API

Currency trading and information site Oanda has developed an application programming interface (API) for its FXTrade platform to allow clients to automate trading and hedging procedures. Previously, all trading has been conducted through the internet portal on a manual basis but clients had requested the option to execute trades automatically.

Oanda currently offers spot FX trading for 21 currency pairs but the firm is due to expand into currency options in the first quarter of