NCFX is the only FCA authorised administrator of live spot and forward FX benchmarks. Prior to 1st Jan 2021 NCFX was on the ESMA Benchmarks Register.
NCFX benchmarks can be referenced by EU supervised entities until the end of the extended BMR transition period (currently 31st Dec 2023).

New Change FX Press releases


Paul Lambert – New CEO at New Change FX

Interview with Paul Lambert, CEO NCFX, by Colin Lambert at "The Full FX" New Blood Brings New Approach at New Change FX - 3 new hires at NCFX Paul Lambert has joined the firm as CEO, replacing...

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New Change FX Market Insights

Accounting for transaction size and market conditions in FX TCA

The evolution of Transaction Cost Analysis away from a ‘box ticking’ exercise towards making TCA relevant to execution continues apace. New Change FX (NCFX) is at the forefront of delivering API-driven analysis that can be used in real time to re-evaluate the prioritisation of liquidity providers (LPs) within a smart order router.

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IOWArocks and New Change FX – A Data Spotlight

IOWAdata is the definitive global marketplace designed for data providers and data consumers everywhere. It provides simple, highly cost-effective access to a growing variety of market data, alternative data and reference data.

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Share Class Hedging – Specialist Team

New Change FX (NCFX) the independent FX Benchmark Administrator and advanced data analytics company is delighted to announce the formulation of a new specialist team consisting of industry leading consultants to focus on assisting our growing client base within the wider Asset Management and Custody sectors.

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New Change FX Information videos


New Change FX webinars