New Change FX Rolls Out Full-Year FX Swaps Curve Data

New Change FX has launched NCFX Bank365, a product it says is a collaborative data feed developed in partnership with a group of un-named banks, that will provide bank-sourced FX forward pricing across the curve from today to the one-year tenor.

The firm says the launch addresses a “long-standing need for more granular and consistent swaps data”, revealing it will deliver continuous, independently validated forward pricing across all good business days out to one year, with coverage planned to span G10, emerging markets, frontier currencies, and NDFs.

It adds that the new service will support a range of use cases, notably, in the areas of price discovery, price construction, as well as post-trade analytics and valuations.

“NCFX Bank365 represents a major step forward for the FX swaps market transparency enabling further automation of workflows,” says Paul Lambert, CEO at New Change FX. “By working closely with leading global banks, we have developed a product that combines deep market insight with an independent and robust methodology, delivering consistent and transparent pricing across the full curve.”