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Foreign Exchange

Oanda gets a second life as well

Following Saxo’s march into the brave new online world, I hear that Oanda has also opened a virtual branch on Second Life. Clearly I’m too old for this sort of thing – I’ll get my son to sign up and report back in a few months, possibly – but apparently the Second Life community has over 8 million residents (or LOSERS as my son might say) from around the globe. It has its own currency, called Linden Dollars.

Oanda’s ‘Project O’ was designed by three students who obviously had nothing better to do over the summer. It has a currency trading game that takes place inside a volcano, a Linden currency converter, a money tree, sailing, snorkelling, an open-air bar and what Oanda calls a few other goodies.

Oanda says that if punters make money trading, they can exchange a small amount for proper dosh and top up their accounts back out in the real world.

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