New Change FX Launches Share Class Hedging Analytics
- The company has launched the new solution with the help of Lumint Currency Management Inc.
New Change FX, an independent data and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term business, announced this week that it has teamed up with Lumint Currency Management Inc. to offer Share Class Hedging analytics and other services.
Investment management firms offer a program of different hedge share classes for investors who are exposed to currency risk. The aim of these is to limit the effect of movements in exchange rates between the currency of a Hedged Class and the Base Currency of a portfolio.
“Whilst asset and portfolio hedging are driven and directed by the investment management process, share class hedging is rules based and designed to insulate the investor from currency risk, if his base currency is not the base currency of the fund,” the company said in a statement published on Wednesday.
“As such it adds no alpha but can be a substantial drain on the performance of the hedged share class, if it is not managed correctly.”
New Change FX solution addresses major challenges
New Change FX and Lumint have launched the new analytics for investment managers who want to outsource some, or all, of their hedging program. According to the statement released by the company, their solution addresses all the major challenges and opportunities faced by investment managers.
Under the partnership, Lumint provides a full STP process to obtain hedge data, which then establishes a clear rules-based hedge calculation process.
“In addition to this service of performance attribution and analysis, the LUMINT product set offers a variety of bespoke solutions tailored to meet a client’s individual requirements. This enables clients to either outsource their hedging requirements entirely, including an agency execution capability or to provide an effective software application that allows them to manage this activity themselves,” the statement explained.
New Change FX provides a live spot FX benchmark that has been authorized by both the European Securities and Markets Authority (ESMA) and the Financial Conduct Authority (FCA). The company also offers other consolidated Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term reference rates.
New Change FX, an independent data and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term business, announced this week that it has teamed up with Lumint Currency Management Inc. to offer Share Class Hedging analytics and other services.
Investment management firms offer a program of different hedge share classes for investors who are exposed to currency risk. The aim of these is to limit the effect of movements in exchange rates between the currency of a Hedged Class and the Base Currency of a portfolio.
“Whilst asset and portfolio hedging are driven and directed by the investment management process, share class hedging is rules based and designed to insulate the investor from currency risk, if his base currency is not the base currency of the fund,” the company said in a statement published on Wednesday.
“As such it adds no alpha but can be a substantial drain on the performance of the hedged share class, if it is not managed correctly.”
New Change FX solution addresses major challenges
New Change FX and Lumint have launched the new analytics for investment managers who want to outsource some, or all, of their hedging program. According to the statement released by the company, their solution addresses all the major challenges and opportunities faced by investment managers.
Under the partnership, Lumint provides a full STP process to obtain hedge data, which then establishes a clear rules-based hedge calculation process.
“In addition to this service of performance attribution and analysis, the LUMINT product set offers a variety of bespoke solutions tailored to meet a client’s individual requirements. This enables clients to either outsource their hedging requirements entirely, including an agency execution capability or to provide an effective software application that allows them to manage this activity themselves,” the statement explained.
New Change FX provides a live spot FX benchmark that has been authorized by both the European Securities and Markets Authority (ESMA) and the Financial Conduct Authority (FCA). The company also offers other consolidated Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term reference rates.