The personal composite instrument «&WHEAT/CAD» reflects the price dynamics of Wheat against the Canadian dollar. The base part of this instrument is composed of 100 bushels of Wheat, and the quoted part - 1 Canadian dollar. Wheat is represented by a continuous CFD on wheat futures. The asset percentage content of the instrument is estimated on the basis of asset prices on the PCI creation date.
The personal composite instrument &WHEAT/CAD is used for the analysis and trade of wheat quoted against one of the main commodity currencies – Canadian dollar. Exports and imports of grains are important for countries where commodities comprise a significant part of their balance of trade.
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