British Pound Index - GBP Index Trading

British Pound Index Investing

Type:

PCI

Instrument : &GBP_Index

&GBP_Index Live Chart Ready to start trading?

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Status: Closed Trading

Change:

Prev. closing

Open price

Today, max.

Today, min.

GBP Currency Index Description

The currency index is used for analysis and trading of the British Pound against the rest of the Forex market. A portfolio of most liquid currencies is used as a market systemic indicator: EUR, USD, JPY, AUD, CHF, CAD.

Advantage

The following are the advantages of the currency index &GBP_Index: (a) the index reaction to the fundamental events in UK economy is the most obvious and stable, (b) the index sensitivity to fundamental events in other currency zones is minimal, which allows to detect low-volatility trend movement of the index that characterizes objectively the state of UK economy. The theoretical bases for the component composition of the index can be found below in the section “Application field".

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Structure

Parameters

Trading hours

Structure

PCI Components and their volume

Swipe table

&GBP_Index	№	Asset	Volume / 1 PCI	Percentage	Volume (USD) / 1 PCI	Unit of measurеment
Base part	1	GBP	998.9878	75.500	1510.0000	GBP
Quoted part	1	AUD	253.741	20.6700	206.7000	AUD
	2	CAD	253.999	20.6700	206.7000	CAD
	3	CHF	178.047	20.6700	206.7000	CHF
	4	EUR	111.869	18.8400	129.7000	EUR
	5	JPY	23324.663	20.6700	206.7000	JPY
	6	USD	43.200	4.3200	43.2000	USD

Parameters

PCI main trading conditions

Swipe table

The volume to calculate Swap and 1 pip value

The size of 1 pip

0.00001

Margin in USD for the volume and leverage of 1:100

14.50 USD

Creation date

2015-01-21

	Standard	Beginner	Demo
Fixed spread, pip
Floating Spread, pip
Order distance, pip
Swap (long/short) in pips on Vol
Available volumes
The value of 1 pip in USD for the Vol

Trading hours

PCI active trading hours

Week day	Server time (CET)	Local hours
Monday	00:00 — 24:00	00:00 — 24:00
Tuesday	00:00 — 24:00	00:00 — 24:00
Wednesday	00:00 — 24:00	00:00 — 24:00
Thursday	00:00 — 24:00	00:00 — 24:00
Friday	00:00 — 22:00	00:00 — 22:00
Saturday	—	—
Sunday	—	—