Oanda targets institutionals with London base
Oanda, the Canadian FX platform, has opened an office in London as a centre for its Oanda Europe subsidiary. The firm, which has a strong retail base, is hoping to attract more local institutional clients, managing director Anthony Broadbent tells EuromoneyFXNews.
“We have a prospective European client list running into the thousands,” Broadbent says. Second- and third-tier banks, asset managers and smaller corporate make up the bulk of that number, he says.
“Our original focus in opening an overseas office...