NewChangeFX

  Company Overview

NewChange FX is the only FCA authorised and ESMA registered administrator of live spot FX benchmarks. The service was developed to overcome the lack of transparency in calculating the costs of transactions in FX markets, and aggregation of FX data started in 2014. The company provides benchmarks and models provided via APIs giving New Change FX’s customers the ability to forecast the effects of trading by allowing FX investors and traders to understand liquidity flows and manage volatility. This allows clients to adjust their execution strategy for more efficient trading. In addition, the provision of TCA analytics for pre-trade and post-trade clients enables them to monitor transaction then reduce trading costs.

Type of business
Data Source

Region
Europe

Specialisation
Index Creator

  Corporate Details

  Website Analysis

  Key Products & Services

FX Spot and Forward Benchmark Data and Calculations delivered via API, including NCFX Implementation Shortfall API, NCFX Market Impact API & NCFX Decay API Transaction Cost Analysis (TCA) with 6 measurements and benchmarks metrics based around live FX mid-rates with a capped fee of £36,000 for analytics with output reports delivered direct to the desktop Regulatory Data reports are constructed around the NCFX-MI Benchmark Statement, SIREN Benchmark Statement & NCFX-BI Benchmark Statement and produced according to MiFID, MiFIR & PRIIPs regulations

  Business Potential