Profit & Loss

Unit Cost of Volatility (UCV) is a very important and recently announced addition to our data measurement tool kit. UCV allows users to compare all liquidity providers across all market conditions using a regulated independent mid-rate and a ground-breaking...

The Unit Cost of Volatility

One of the challenges market participants face when analysing their FX transaction costs is how to compare results across different currency pairs and volatility regimes. A given spread for 1 million EURUSD might be considered very tight under certain conditions, but...