Why Market Impact Matters

A common misconception of FX market liquidity is that it is plentiful, and so market impact does not matter. A dive down into the BIS triennial survey data shows that FX markets are far less liquid than people think, and market impact is a driver of transaction costs...

New Change FX launches new suite of Foreign Exchange APIs

New Change FX (NCFX) is proud to announce the launch of a new suite of Foreign Exchange APIs that provide customers with access to NCFX TCA Calculations and Models as well as access to regulated NCFX FX Benchmark data. Within the API suite we are pleased to add new...

Enterprise Data Management (EDM) for FX Tick Data

In the current Financial Market landscape, data can be a major determinant of whether businesses succeed or fail. The transformative potential of big data is widely recognised. In this endeavour, companies are realizing that big data is not simply a single technology...

A crying need for Benchmarked Execution

A popular misconception of the FX market is that FX is highly competitive and transparent. An excellent article in the FT dispels[1]this myth with some eye-watering numbers. Quoting an upcoming research report to be published by the ECB on discriminatory pricing of...

After a review Coalface Capital chooses NCFX

Declan McEvoy, CEO, Coalface Capital says: “We conducted a review of possible providers of “true-mid” pricing for our automated trading system and decided on NCFX. Their methodologies and accuracy are the best in the market” “That Coalface Capital has chosen the New...