News & Insights

Seeing Beyond the Peg: The Value of NCFX Crypto Data in Understanding Stablecoin Dynamics   The recent explosive growth of stablecoins has reshaped the digital asset landscape, offering traders and investors a bridge between traditional finance and the crypto economy. Yet, as the market has learned time and again, stability can be more complex than a price that appears “close to one.”  On the evening of 10th October (UK time) , digital asset markets saw a sharp selloff across

New Change FX (NCFX), the leading provider of independent, BMR-compliant FX and crypto benchmark data, today announced the launch of its Model Context Protocol (MCP) server. The new cloud-based MCP enables banks, asset managers, hedge funds, and financial technology providers to connect AI Large Language Models (LLMs) — such as Anthropic’s Claude — directly to NCFX’s independent benchmark data, without the need for custom integration infrastructure. Key Benefits for Institut

New Change FX (NCFX) is proud to announce it has been recognized with two prestigious titles at the Euromoney Awards 2025 :  World’s Best FX Benchmark Provider   World’s Best Solution for FX Forwards     These awards highlight our mission to deliver independent, conflict benchmarks and analytics that bring greater transparency, efficiency, and precision to the global FX markets.  Unlike providers reliant on indicative dealer quotes, our data is built on independent methodolog

Expanded Currency Coverage for NY Options Cut.   As part of our ongoing service enhancements, New Change FX (NCFX) has expanded its...

Our Expected Spread Model empowers our clients to anticipate, assess, and optimise the cost of FX transactions with unprecedented clarity. The Problem with Historical Averages Traditional methods of estimating FX spreads rely on backward-looking databases of past trades. While intuitive, these approaches often fail due to inconsistent data, inadequate granularity, and a lack of real-time relevance—especially in the forward market where credit and market structure dynamics mak

New Change FX (NCFX) is proud to announce that it has been awarded the 2025 IMD/IRD Award for Best Data Analytics Initiative by WatersTechnology, recognizing its innovative product, Forwards365™, for its transformative impact on the sell-side FX market. In a record-breaking year for submissions, Forwards365™ stood out for its ability to bring automation, transparency, and real-time analytics to the complex world of forward FX trading. The award highlights NCFX’s commitment to

Unlocking the Power of Granular Data to Transform the Forward FX Market: Insights from New Change FX  “Transparency is not the same as looking at data; it is the ability to see and understand data in context,” according to leadership expert Simon Sinek. We agree with Sinek and believe the evolution of the foreign exchange market is inextricably linked to the availability of accurate, unbiased and granular data.  The landscape of foreign exchange trading has undergone a seismi