The PANDA experiment at FAIR is an antiproton experiment and it will offer unique possibilities for the study of hadron physics including hyperon physics. With the PANDA detector, it will be possible to exclusively reconstruct hyperon-antihyperon events. Hyperons are relatively long-lived particles (10−10s), which can travel for a distance of up to a few meters before decaying into their reconstructible decay products. In this project, I focus on the reaction p̅ p → Ξ̄+ Ξ− → Λ̅ π+ Λ π− → p̅ π+π+ p π− π−. The Ξ− (cascade) hyperons take a special role as they are the lightest hyperons to introduce a sequential decay topology, i.e., Ξ− → Λ π− → p π− π− (and c.c.). This constitutes a substantial challenge for the reconstruction algorithms. In this thesis, a Monte-Carlo simulation study of realistic track and event reconstruction of this Ξ̄+ Ξ− reaction in the region near the production threshold is done, and the event generation of the Ξ̄+ Ξ− reaction channel was performed by the EvtGen event generator in PandaRoot. For various realistic tracking algorithms, track and event reconstruction performance levels were investigated in PandaRoot.