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New Change FX has achieved a significant milestone with the inclusion of its Options Cut in Annex A of the 1998 FX and Currency Option Definitions, jointly published by the International Swaps and Derivatives Association (ISDA) and the Emerging Markets Traders Association (EMTA).
The update enables banks and financial institutions to reference the New Change FX Options Cut as a defined Spot Rate within FX options contracts. Market participants can access the cut through the dedicated New Change FX Options Cut page on the company's platform.
Paul Lambert, CEO of New Change FX
"This is a proud moment for our team and a testament to the trust our clients and partners place in our data," said Paul Lambert, CEO of New Change FX. "Being included in Annex A reinforces our commitment to delivering transparent and reliable pricing that supports fairer and more efficient FX markets."
New Change FX is a provider of benchmark data that serves the financial ecosystem across pricing, valuation, and compliance functions. The company's data infrastructure supports institutional FX operations by providing consistency and clarity to market participants.
The inclusion in the ISDA-EMTA definitions represents formal recognition of New Change FX's pricing methodology within the derivatives documentation framework. This development allows the Options Cut to be incorporated into standardized contract terms for FX options trading.
