Without it you aren’t measuring anything.
The only ESMA registered and FCA authorised administrator of live spot & forward FX benchmarks.
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.
Why use NCFX Data?
Accounting for transaction size and market conditions in FX TCA The evolution of Transaction Cost Analysis away from a ‘box ticking’ exercise towards making TCA relevant to execution continues apace. New Change FX (NCFX) is at the forefront of delivering...
Monday, 1st February 2021 IOWAdata is the definitive global marketplace designed for data providers and data consumers everywhere. It provides simple, highly cost-effective access to a growing variety of market data, alternative data and reference data. Our...
New Change FX releases a new suite of APIs for real time transaction cost analysis. London, 27th January 2021 New Change FX (NCFX) is pleased to announce the release of four new APIs that allow users to compute the cost of foreign exchange (FX) transactions in real...