For any investor who is exposed to currency risk, exchange rates may significantly impact their returns. In order to mitigate this risk, most Investment Management firms offer a program of different hedged share classes with the aim to reduce the effect of movements...

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 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...

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...

Jørn (Luffe) Sodborg, Director, Head of e-trading and distribution at JYSKE MARKETS says: “We are excited to have chosen New Change FX (NCFX) as our provider of Independent, ESMA regulated FX Data to be used by our in-house analytical team.  It provides us with the...

An often overlooked problem in transaction cost analysis is endogeneity. The term arises from econometric analysis. It describes how the results of a regression analysis can be biased when both the dependent and independent variables are affected by the...

We are delighted to invite you to join us at the Verint Compliance Alliance Roadshow 2018 where you’ll hear how a group of core industry disrupters are working together to enable a more focused approach to combatting market manipulation and abuse. During October and...

Record Currency Management Limited (“Record”), the specialist currency manager, is pleased to announce that it has engaged New Change FX, an independent provider of foreign exchange data and transaction cost analysis, to further enhance Record’s commitment...

It used to be that FX price discovery happened over the phone at what must seem, to a self-aware computer, an excruciatingly slow pace. These days it happens much faster, as the latest report from the BIS on market microstructure shows.  The report doesn’t...

When looking at FX costs it is absolutely crucial to understand that without independent, aggregated data that reflects pricing sources without actually being a pricing source, it is impossible to measure accurately.  The reasons are manifold, but I would like to...