Without it you aren’t measuring anything.
NCFX began calculating live FX midrates in 2012 because we realised that FX TCA isn’t worth the paper it’s written on if the data comes from inside your cost-chain.
Using data that comes directly from a trading platform which directly forms part of your cost, or data that comes from a source that can be used to execute your business by your bank or broker means that you are measuring inside the cost-chain. As soon as FX data comes from within your FX cost chain, the possibility is that you have a result that suits the cost-chain, and not you.
Use independent data to ensure meaningful comparisons between your trading choices.
NCFX continually measure the global FX markets to record a live, independent FX midrate.
Why use NCFX Data?
A solution for all your FX data needs. As an FX data specialist, we’re happy to provide our data for all purposes. Please get in touch to discuss your needs.
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