New Change FX Wins “Best Market Data Provider” at the FX Markets e-FX Awards 2025

New Change FX (NCFX), the regulated benchmark administrator and independent provider of FX and digital-asset data, has been named “Best Market Data Provider” at the FX Markets e-FX Awards 2025. 

The award recognises NCFX’s ongoing commitment to enabling automation and driving down costs by delivering transparency to global currency and digital-asset markets through its live, high-quality benchmarks and reference data. 

NCFX is converting years of experience and accumulated knowledge into innovation that is having a measurable impact. It is expanding its data coverage, deepening integrations with major institutions, and driving industry alignment around independent, real-time pricing. 

Among its standout achievements: 

• Forwards365® – integration of the Forwards365® dataset with institutional and buy-side clients and partners is now happening at pace, supporting greater accuracy and transparency across pricing, valuation and risk management analytics. 

• NCFX Options Cut – recognised in Annex A of the 1998 ISDA/EMTA FX & Currency Option Definitions, marking a major milestone toward industry-wide adoption of automated FX options expiries. 

• Launch of the Model Context Protocol (MCP) server – enabling direct connection between AI and Large Language Models (LLMs) and NCFX’s independent benchmark data. 

• Two Euromoney Awards 2025 – World’s Best FX Benchmark Provider and Best Solution for FX Forwards. 

• Waters Technology IMD/IRD Award 2025 – Best Data Analytics Initiative. 

NCFX’s regulated status under the UK Benchmark Regulation (UK BMR) and its market-neutral, vendor-agnostic model continue to set it apart from dealer-sourced or venue-driven alternatives. Its data powers trading, risk management, transaction-cost analysis and reporting for institutions seeking unbiased benchmarks and reference rates across FX Spot and Forwards, Precious Metals and Crypto markets. 

Paul Lambert, CEO of New Change FX, commented:

“This recognition reflects our commitment to transparency and excellence — delivering institutional-grade benchmark and reference data that clients can rely on with complete trust. Our professionalism and independence mean clients never need to question our motivation, enabling confident use of our data to automate processes, meet compliance obligations, and optimise performance, whether as price makers or price takers. True price discovery depends on integrity, and that principle defines everything we do at New Change FX"