TCA

TCA tools powered by independent data.

Enhancing transparency. Objectively measuring.

The only ESMA registered and FCA authorised administrator of live spot FX benchmarks.

We are the only TCA provider in the world to calculate its own consolidated FX data feed. Don’t pay more for TCA that isn’t independent.

Our intuitive, easily accessible tools powered by NCFX data mean you can measure your FX costs easily and accurately. In fact, it can be 100% automatic if you like. All our TCA tools use our live, independent mid-rates. This gives you the level playing field you need to measure your FX costs. Objectively.

To find out about how to access NCFX TCA, simply contact us.
NCFX

Why use NCFX Analytics?

TCA

Simple

We’ve made things simple. We offer full automation of TCA processes. Contact us, get set up and have your reports downloaded direct to your own bespoke desktop. Easy.
All our TCA tools use our live, independent mid-rates

Insightful

We offer six measurements and benchmarks right out of the box, meaning that however you want to measure your FX business, we can provide the answer at the click of a button.
All our TCA tools use our live, independent mid-rates

Secure

You’re in control of your trades. We have built our applications so that we never see or store your deals, so your data remains secure. SFTP can be set up within your firewalls.
TCA

Clearly Priced

You pay us (ideally) and that’s that. We see FX TCA as a cost of doing business that should be paid by Asset Managers so we don’t add ticks onto transactions. We charge up to GBP36,000 for analytics and that’s it.

Insights

e-Forex

Using the Unit Cost of Volatility to measure your FX costs. NCFX have announced the introduction of a new approach that allows fair comparison of liquidity providers in all market conditions. Xavier Porterfield, Head of Research for New Change FX comments for e-Forex...

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Profit & Loss

Unit Cost of Volatility (UCV) is a very important and recently announced addition to our data measurement tool kit. UCV allows users to compare all liquidity providers across all market conditions using a regulated independent mid-rate and a ground-breaking...

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The Unit Cost of Volatility

One of the challenges market participants face when analysing their FX transaction costs is how to compare results across different currency pairs and volatility regimes. A given spread for 1 million EURUSD might be considered very tight under certain conditions, but...

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