OANDA shutting down on news

[trade2live]

wow huge slippage followed by shutdown at OANDA on Fed news

 

[Tsing Tao]

its a bucket shop. what did you expect?

 

[Larson]

Better off swing-trading with this outfit.

They are okay otherwise.

 

[TRS]

Due diligence would indicate this has always been the case.
If you want to trade news, trade Futs.

 

[Wallace]

what news ? what time was the 'shutdown' ?

 

[bugscoe]

Quote from Wallace:

what news ? what time was the 'shutdown' ?

Yesterday, 100+ pip pop was data dump of news from the Fed. Wasn't a scheduled release as far as I know.

 

[southall]

Quote from bugscoe:

Yesterday, 100+ pip pop was data dump of news from the Fed. Wasn't a scheduled release as far as I know.

which pairs?

my charts show the move in EUR/USD happened over several minutes.. wasnt exactly a 10 second spike.

Why would they stop quoting?

 

[trade2live]

they did it again today, at some point EUR/USD spiked up, OANDA slowed down and then shut down.
The new platform absolutely sucks , I would say those problems are not at all fortuitous .

 

[davidmaria1]

And there it goes...........:eek:

 

[davidmaria1]

Hey, it's back on.
I don't scalp, I was never very good at it, but the off and on with the platform would preclude any news trading.