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 Change FX API Data Suite to use and enhance the trading signals in their automated trading system is yet another example of how an industry professional utilises the data available from NCFX” says Andrew Woolmer, CEO, New Change Currency Consultants. Woolmer continues “We are delighted to welcome a progressive FinTech company like Coalface Capital to our ever-growing list of clients from all corners of the market”.
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About Coalface Capital:
Coalface Capital is a FinTech company using artificial intelligence and deep learning technologies in the investment management sector. Coalface applies cutting edge technology to financial market data to deliver significant value to our clients and investors. This is done by applying Big Data, Machine Learning and AI technologies to produce investable trading signals.
For further information about Coalface Capital please contact Declan McEvoy, CEO, via email on [email protected]
About New Change FX:
New Change FX was established in 2012 to separate the trading of FX from the measurement of FX costs. New Change FX is the only TCA provider to calculate their own consolidated FX data feed. We calculate an ESMA registered and FCA authorised, independent mid-rate against which transactions can be measured. Customers can therefore understand and measure foreign exchange costs against benchmark rates that cannot be influenced or altered by their chosen liquidity providers. New Change FX provides in its live midrates across 2,500 spot pairs and 8,500 different forward tenors.
For further information about New Change FX please contact Andy Woolmer, CEO, via email on [email protected]