Updates from free zones |
JANUARY 2010 |
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Capitalising on a dynamic marketplace, OANDA – a company that provides internet-based forex trading and currency information services to everyone from individuals to large corporations – has set up offices in Dubai.
The new OANDA head quarters are based at the Dubai International Financial Centre (DIFC). Abdulla Mohammed Al Awar, CEO of DIFC said of the move: “Growing sophistication, security and ease of use of IT platforms have given a tremendous boost to the financial sector. We welcome OANDA and we are sure that it will add value with its technological expertise to the region's financial sector.”
And it’s set to be a mutually beneficial arrangement as OANDA’s CEO Michael Stumm pointed out: “Our focus on technology makes us a good fit in Dubai, which is a sophisticated market with a clear need for equitable and fair FX trading.”
More info: OANDA | Dubai International Financial Centre (DIFC)
