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True FX Transparency, Delivered Using
Our Spot Data
We provide live, independent, FCA-regulated FX spot data built from the entire global market — not just one view. We also provide reference rates for less liquid pairs. Unlike venue-driven or liquidity-provider rates, our benchmarks are free from bias and manipulation risk, giving you a transparent and trustworthy view of the market.
Why It Matters
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Confidence in every trade: unbiased, regulated benchmarks.
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Global coverage: from the most traded pairs to emerging markets.
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Regulatory peace of mind: FCA-regulated data under UK BMR.
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Actionable insight: real-time and historical data to power decisions.
What it does for you
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Trading & execution: set unbiased guardrails, neutral mid-rates for matching trades, and manage option expiries without skew.
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Risk & compliance: meet reporting requirements with FCA-regulated data.
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Performance measurement: pre- and post-trade TCA backed by trusted benchmarks.
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Market intelligence: analyse global FX with complete historical depth.
What You Get
Benchmark Spot Data
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65+ major currency pairs plus gold and silver
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FCA-regulated benchmark administrator (UK BMR)
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Updates every 50ms — each update is a regulated benchmark
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Independent and globally constructed
Reference Spot Data
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2,400+ currency pairs across the global market
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Neutral and independent
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Historical data available
-
Flexible update frequencies
The Result
Trusted, transparent FX data that powers more efficient trading, stronger compliance, and greater confidence in every decision.
Spot Data
Spot Data
True FX Transparency, Delivered Using
Our Spot Data
We provide live, independent, FCA-regulated FX spot data built from the entire global market — not just one view. We also provide reference rates for less liquid pairs. Unlike venue-driven or liquidity-provider rates, our benchmarks are free from bias and manipulation risk, giving you a transparent and trustworthy view of the market.
Why It Matters
-
Confidence in every trade: unbiased, regulated benchmarks.
-
Global coverage: from the most traded pairs to emerging markets.
-
Regulatory peace of mind: FCA-regulated data under UK BMR.
-
Actionable insight: real-time and historical data to power decisions.
What it does for you
-
Trading & execution: set unbiased guardrails, neutral mid-rates for matching trades, and manage option expiries without skew.
-
Risk & compliance: meet reporting requirements with FCA-regulated data.
-
Performance measurement: pre- and post-trade TCA backed by trusted benchmarks.
-
Market intelligence: analyse global FX with complete historical depth.
What You Get
Benchmark Spot Data
-
65+ major currency pairs plus gold and silver
-
FCA-regulated benchmark administrator (UK BMR)
-
Updates every 50ms — each update is a regulated benchmark
-
Independent and globally constructed
Reference Spot Data
-
2,400+ currency pairs across the global market
-
Neutral and independent
-
Historical data available
-
Flexible update frequencies
The Result
Trusted, transparent FX data that powers more efficient trading, stronger compliance, and greater confidence in every decision.
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Case Study
Digital Vega is a leading provider of OTC FX option trading and workflow tools. Established in 2009, Digital Vega works with a wide group of buy-side clients covering hedge funds, private and regional banks, asset managers and agency brokers.
DVNC Options Cut: Automated Option Expiries.
Following significant buy-side demand for a solution to enable automation of the option expiry process, NCFX partnered with Digital Vega to introduce the DVNC Options Cut as a regulated benchmark Published for 84 expiries spanning the Tokyo, London, New York, Budapest, and Warsaw cuts, the DVNC Options Cut uses NCFX’s regulated mid-rate to provide the market with a neutral and transparent rate to determine the correct expiry rate.
The benchmark was launched in Q1 2020.
In the Press
Testimonials
Contact
Spot Data
True FX Transparency, Delivered Using Our Spot Data
We provide live, independent, FCA-regulated FX spot data built from the entire global market — not just one view. We also provide reference rates for less liquid pairs. Unlike venue-driven or liquidity-provider rates, our benchmarks are free from bias and manipulation risk, giving you a transparent and trustworthy view of the market.
Why It Matters
-
Confidence in every trade: unbiased, regulated benchmarks.
-
Global coverage: from the most traded pairs to emerging markets.
-
Regulatory peace of mind: FCA-regulated data under UK BMR.
-
Actionable insight: real-time and historical data to power decisions.
What it does for you
-
Trading & execution: set unbiased guardrails, neutral mid-rates for matching trades, and manage option expiries without skew.
-
Risk & compliance: meet reporting requirements with FCA-regulated data.
-
Performance measurement: pre- and post-trade TCA backed by trusted benchmarks.
-
Market intelligence: analyse global FX with complete historical depth.
What You Get
Benchmark Spot Data
-
65+ major currency pairs plus gold and silver
-
FCA-regulated benchmark administrator (UK BMR)
-
Updates every 50ms — each update is a regulated benchmark
-
Independent and globally constructed
Reference Spot Data
-
2,400+ currency pairs across the global market
-
Neutral and independent
-
Historical data available
The Result
Trusted, transparent FX data that powers more efficient trading, stronger compliance, and greater confidence in every decision.
Case Study
In traditional lit markets, where order books are published (market data feeds) and trade counterparties disclosed, global FX market participants executing large transactions risk seeing their own activity identified, exploited, and experience higher execution cost as a result.
We wanted to build a new type of venue where institutional participants could trade with confidence, free from information leakage. To deliver on this ambition, we needed a trusted and independent mid-rate. NCFX’s streaming benchmark was the natural choice. It provides a regulated, manipulation-free reference point that enables our clients to match on equal terms
-Claude Goulet, CEO of Siege
Contact
Kinga Broel-Plater
Chief Commercial Officer
Kritan Ramanah
Sales Manager
We wanted to build a new type of venue where institutional participants could trade with confidence, free from information leakage. To deliver on this ambition, we needed a trusted and independent mid-rate. NCFX’s streaming benchmark was the natural choice. It provides a regulated, manipulation-free reference point that enables our clients to match on equal terms
-Claude Goulet, CEO of Siege