News & Insights

Kaiko’s Data On-Ramp oracle brings FCA-regulated FX Reference Rates to the Canton Network. FCA-regulated FX benchmark and reference rates are now available on-chain, delivering institutional-grade FX pricing to applications built on the Canton Network. The partnership covers 65+ benchmark major currency pairs and over 2,000 reference pairs at a 500ms update frequency, providing the trusted FX data backbone that on-chain capital markets need to support real-world financial act

In a recent article released by ISDA, it was confirmed that significant updates are being introduced to the FX options framework under the new 2026 FX Definitions. Read More:  https://bit.ly/409XQlV ISDA has introduced updated FX Definitions for FX options that include a new Full Automated Exercise regime, establishing a standard way to determine expiry outcomes using published rates without manual exercise notifications. Swift will embed these updated definitions into its co

With data now flowing from our new 24x7 FX from crypto feed we are starting to build a picture of how the two markets relate to each other. We wanted to share some initial findings.  We use the same methodology to create all our fiat from crypto currency pairs. For the most liquid pairs, we find that during the periods when both fiat and crypto markets are open, they move broadly together (more on that later). This gives us confidence that the methodology we use to extract th

London – 6 th  February 2026 New Change FX (NCFX), the leading provider of independent foreign exchange (FX) benchmark data, today announced the availability of its benchmark and granular FX swaps data via LINK, State Street’s award winning suite of electronic trading and workflow platforms, inclusive of FX Connect. The integration enables GlobalLINK users to access NCFX’s live and historical benchmark rates alongside its unique granular FX swaps data — the first dataset of i

For much of my more than two decades as a fund manager, the reopening of global currency markets on Sunday evening—often observed from London—was a moment defined by uncertainty. This was especially true following major weekend events. Market participants will recall the intense speculation surrounding reopening levels after the collapse of Lehman Brothers, with USD/JPY in particular serving as a focal point.   Recent volatility in the FX markets around possible central bank

The paradox of FX costs is that they look trivial, a basis points here and there. That illusion encourages some portfolio managers to ignore them. Research by Harald Hau and co-authors shows that the cost of not looking is anything but small. At NCFX we provide our clients with the tools and knowledge to ensure that they are informed and powerful, not the victims in the zero-sum game of foreign exchange.  Don’t take our word for the fact that the dispersion of trading costs i

Kaiko, the global leader in institutional digital asset market data and infrastructure, and New Change FX (NCFX), the FCA-regulated global leader in independent FX benchmark rates, today announced a strategic collaboration to bring high-quality, regulated FX data to the Canton Network

New Change FX (NCFX) , the FCA-regulated global leader in independent FX benchmark data, has officially partnered with Chainlink , the industry standard oracle platform, to make its regulated FX spot and FX forward benchmarks available onchain, powered by Chainlink DataLink . The partnership enables NCFX’s trusted pricing data to be consumed across more than 2,500 applications on 70+ leading public and private blockchain networks.  Bringing regulated FX benchmarks on-chain gi