New Change FX (NCFX), a data and analytics business, has joined the financial data marketplace operated by IOWA.rocks. NCFX allows market participants requiring objective trade cost measurement capabilities to quickly calculate all related expenses against a recognised and registered independent data feed. NCFX is ESMA approved and FCA authorised administrator of live spot FX benchmarks for the FX market. The company creates data by aggregating aggregated live market bids and offers in real time, and calculates benchmark rates 20 times a second, giving clients competitive advantage as
FX execution can happen immediately, rather than waiting for delayed ‘fixing’ windows.
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