REGULATORY PUBLIC DISCLOSURES

COMPANY NAME AND ADDRESS

OANDA Corporation
1460 Broadway, 12th Floor, Unit 12014
New York, NY, 10036
USA

tel: 1-212-858-7690, 1-877-OANDA-FX (1-877-626-3239)
fax: 1-212-208-4356, 1-877-264-2220
email: frontdesk@oanda.com

OANDA Corporation, NFA regulated entity, is a subsidiary of OANDA Global Corporation

LISTED PRINCIPALS

The following individuals are Listed Principals of OANDA Corporation:

• Mohsin Siddiqui, Chief Executive Officer

Mohsin Siddiqui is Managing Director of North America and Head of Corporate Development with OANDA. In March 2019 he was appointed CEO of OANDA Corporation. He is responsible for driving growth across one of OANDA’s largest regions, diversifying OANDA’s portfolio to include a wide range of investment products and enabling data-driven decision-making through business intelligence. Mohsin holds a Bachelor of Commerce in Finance from Ryerson University and an MBA from Queen's University in Canada.

• Javier Martel, General Counsel and Corporate Secretary

Javier heads the legal function for OANDA. He has over 25 years of experience in providing counsel to global technology companies and managing legal departments in support of business objectives. He was most recently the General Counsel at Boku, Inc. the leading direct carrier billing mobile payments provider. Javier received his law degree from The Law School at The University of Chicago and his Bachelor of Science in Business Administration from the University of Florida.

• Siddhartha Valluri, Global Chief Risk Officer

Sid leads OANDA’s Regulatory Compliance operation dealing with seven major regulatory regimes across the world. He also oversees the firm’s global Risk Management operation. Sid has previously served as Managing Director and Chief Compliance Officer of Odessa Capital, a forex and commodity futures hedge fund. He is also a former McKinsey & Company consultant who has held leadership roles at several companies. Sid holds a B.Tech in Engineering from the Indian Institute of Technology, and a MS and PhD in Aerospace and Electrical Engineering from the California Institute of Technology. He earned the Certified AML Specialist (CAMS) and the Certified Advanced AML Audit Specialist (CAMS-Audit) credential from the Association of Certified Anti-Money Laundering Specialists (ACAMS). He also holds an Investment Adviser license.

• Neil McDonald, Head of Trading

Neil leads the global trading, quantitative analytics, and research groups at OANDA and is responsible for the strategic growth of the electronic trading business. Neil has 30 years of trading experience in major Investment banks and hedge funds. Most recently Neil was a Managing Director at ITG, previous to that Neil was Managing Director, Global Head of Electronic Market-Making and Head of US Derivatives Trading for JP Morgan. Over his career, Neil has held senior roles at Citadel, Morgan Stanley, Lehman Brothers, and Goldman Sachs, where he was an Executive Director from 1990-1997. Neil was a board member of the Boston Options Exchange and has held advisory committee positions at the Options Clearing Corporation, Eurex and ISDA. He holds a Bsc (Hons) in Biochemistry from Imperial College, London U.K and is an Associate of the Royal College of Science.

• Kevin Ryan, Chief Financial Officer

Kevin leads OANDA’s Finance function and is responsible for directing the company’s overall financial management overseeing planning, accounting, reporting, treasury, and taxation. Kevin joined OANDA in May 2012 as the Global Controller, since then he has taken on more responsibilities within the Finance function and was appointed Vice-President of Finance in April 2016 and appointed CFO in March 2019. Kevin has over 10 years of financial services experience, prior to coming to OANDA he was a manager at KPMG LLP in their financial services audit practice. Kevin is a Chartered Accountant and holds a Bachelor of Business Administration degree from Wilfrid Laurier University.

• David Hodge, CMO and Managing Director, EMEA

David Hodge is OANDA’s Chief Executive Officer EMEA and Chief Marketing Officer, responsible for driving company growth across the region, as well as spearheading the firm’s marketing efforts worldwide. Having spent 15 years facilitating profitability, long-term growth and digital transformation with some of the world’s leading brokerage firms, he brings with him a wealth of experience that spans not only marketing but also the industry as a whole. David holds a BA (Hons) in Geography from the University of Portsmouth and an MSc in Marketing and Management from Cranfield University.

• Warren Faleiro, Chief Technology Officer

Warren is responsible for overseeing OANDA’s technology strategy and providing technical leadership in all aspects of OANDA’s business. Warren joined OANDA in January 2018 after having acted as the CTO of FreshBooks where he scaled the engineering team and built their next generation platform. Warren has over 20 years of experience in technology roles in Toronto and the Bay Area. He has held the role of CTO at multiple firms prior to joining OANDA. Warren holds a Bachelor degree in Electrical Engineering from the University of Toronto.

• Richard Therrien, Chief Compliance Officer

Richard Therrien is the Chief Compliance Officer of OANDA Corporation, and is responsible for OANDA’s compliance with NFA and CFTC regulations. Since joining OANDA in August 2016 as a Compliance Manager, Richard has taken on the role of Chief Compliance Officer in both OANDA’s Canadian and U.S. divisions. Richard has over 7 years of financial services experience and was previously employed at Questrade Inc. in a variety of compliance roles. Richard is a CFA charterholder and holds a Bachelor’s degree in Finance from the University of Ottawa.

Refer to the following link for more information about OANDA's global Corporate Governance.

FIRM’S BUSINESS

As of 12/31/18 (updated annually or on material change)

FIRM’S CUSTOMER BUSINESS

Types of Customers: institutional (Introducing Brokers, Commodity Pool Operators, Commodity Trading Advisors), ECP and retail

Markets and Currencies Traded: Foreign exchange currencies. Contracts for Difference, including index, bond and commodity-based CFD’s and Precious Metals are not available for trading to residents of the United States.

International Business: OANDA operates in six regulated markets including

OANDA Corporation – operating in US (regulated by CFTC/NFA),
OANDA Europe Limited – operating in Europe (regulated by UK FCA),
OANDA Asia Pacific Pte Ltd – operating in Singapore (regulated by the MAS),
OANDA (Canada) Corporation ULC – operating in Canada (regulated by IIROC),
OANDA Australia Pty Ltd – operating in Australia (regulated by ASIC)
OANDA Japan Inc – operating in Japan (regulated by FSA)

Prime brokers and/or liquidity providers

As of February 1, 2019

Policies and procedures concerning the choice of bank depositories, custodians and counterparties

OANDA holds its operating and customer funds in accounts at top tier banks. OANDA only holds funds at banks with a credit rating of A or higher. When initially selecting a bank depository, a thorough review of the bank’s credit rating and financial statements are completed. OANDA uses certain criteria to evaluate the financial condition of the bank. Subsequent reviews are performed at least annually.

Material Risks associated with OANDA acting as a counterparty to Eligible Contract Participants (ECPs)

ECP credit risk arises when an ECP’s total deposited funds are insufficient to cover trading losses incurred. This situation may arise when there is a sudden and significant movement in the market relating to an instrument in which the client has an open position. OANDA controls the risks associated with ECP trading activities by requiring ECP’s to deposit cash collateral. OANDA does not allow ECP’s to enter into trades if the ECP has not deposited a sufficient amount of collateral. In addition, the trading platform manages this risk by automatically closing out an ECP’s open positions when there is insufficient collateral on deposit. OANDA also has affiliated companies that act as regulated forex counterparties in foreign markets and OANDA is required to maintain a higher level of capital based on its relationships with those affiliates.

Material Complaints or Actions

OANDA is required to disclose any material administrative, civil, enforcement or criminal complaints or actions filed against OANDA where such complaints or actions have not concluded, and any enforcement complaints or actions filed against FCM during the last three years.

This information can be found through the NFA BASIC system at https://www.nfa.futures.org/basicnet/

Adjusted net capital, net capital and excess net capital

Statement of Financial Condition (PDF)

Customer Liability