Why You Can’t Mark Your Own Exam Paper

Some thoughts from NCFX on using conflicted data to measure FX trades. The problem with conflicted data, or why you can’t mark your own exam papers… The last few months have seen a change in pace for the FX transaction cost analysis (TCA) business.  Financial firms...

MiFID 2 and your FX execution policy.

They unbridled joy of reading MiFID 2 in full should not be missed, but in case you’re a little busy with other things, here is the NCFX summary of the key points from MiFID 2 (and a few other pieces of regulatory legislation) as they related to Foreign...

ESMA updates the PRIIPS rules

New Change FX (NCFX) welcomes the recent confirmation of the PRIIPS rules on FX transaction cost analysis (TCA).  Andy Woolmer, CEO of NCFX said: “This FX TCA clause provides a clear and firm basis on which to conduct FX TCA.  The rule clarifies that when measuring FX...