Brent Crude Oil vs Euro - Brent Euro Trading

Brent Crude Oil vs Euro Investing

Type:

PCI

Instrument : &BRENT/EUR

Status: Closed Trading
Change:
Prev. closing
Open price
Today, max.
Today, min.

Brent EUR Description

The personal composite trading instrument «&BRENT/EUR» reflects the price dynamics of Oil against Euro. The base part of this instrument is composed of 1 barrel of crude oil of the Brent grade, and the quoted part – 1 euro. The oil is represented by #C-BRENT - a continuous CFD on Brent oil futures.

The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.

The trading instrument &BRENT/EUR is used for the analysis and trade of oil quoted against the main European currency.

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Created by professionals for professionals
Use these instruments for analysis and trading
Available exclusively in IFC Markets

Structure

Parameters

Trading hours

Application field

Structure

PCI Components and their volume
Swipe table
&BRENT/EURAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1#C-BRENT1.00009.24092.4400barrels
Quoted part1EUR1.0000.13001.2600EUR

Parameters

PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
1000
The size of 1 pip
0.0001
Margin in USD for the volume and leverage of 1:100
679.10 USD
Creation date
2014-10-02
StandardBeginnerDemo
Fixed spread, pip 578578578
Floating Spread, pip 578578578
Order distance, pip ---
Swap (long/short) in pips on Vol -15.293 / -27.634-15.293 / -27.634-15.293 / -27.634
Available
volumes
>=176.90 10.00 – 1000.00 >=10.00
The value of 1 pip in USD for the Vol 000

Trading hours

PCI active trading hours
Week dayTrading hours (CET)Local trading hours
Monday 01:00 — 23:0001:00 — 23:00
Tuesday01:00 — 23:0001:00 — 23:00
Wednesday01:00 — 23:0001:00 — 23:00
Thursday01:00 — 23:0001:00 — 23:00
Friday01:00 — 21:0001:00 — 21:00

Application field

How can PCI be applied in trading?

The personal composite trading instrument &BRENT/EUR is used for trade and dynamics analysis of Brent Oil vs Euro, as well as multi-year comparative analysis of various popular investment assets quoted against euro. For example, by building a percentage chart in the NetTradeX terminal for three instruments &BRENT/EUR, XAUEUR и DE30 (German stock index in eurо ) (Рict. 1), it is evident that two periods stand out in the last five years: from October 2009 to April 2013 the investments in gold and oil yielded approximately equal returns (up to 80-100%); but from the summer of 2013 to the autumn of 2014 the investments in stock market and oil provided equal returns (about 70%), while investments in gold yielded considerably lower return of 40%.

Oil against Euro

Traders, whose main assets and investments are denominated in euro, will be comfortable trading this PCI.

Limit volumes (USD) for base and quoted parts = 1000.00 ; 1000.00.

To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.

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