Coalface Capital, a fintech firm focused on using artificial intelligence (AI) technology in the investment management sector, has selected New Change FX (NCFX) as the pricing provider for its automated trading system.
NCFX provides live mid-rates across 2,500 spot pairs and 8,500 different forward tenors.
“We conducted a review of possible providers of “true-mid” pricing for our automated trading system and decided on NCFX. Their methodologies and accuracy are the best in the market,” says Declan McEvoy, CEO of Coalface Capital.
“That Coalface Capital has chosen the New Change FX API Data Suite to use and enhance the trading signals in their automated trading system is yet another example of how industry professionals utilises the data available from NCFX,” says Andrew Woolmer, CEO of New Change Currency Consultants.