Trade Brent Oil / Euro - &BRENT/EUR


Status:Closed Trading
Change: during the current or most recent trading day

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.

Please, choose the section:

Structure

PCI Components and their volume

Parameters

PCI main trading conditions

Trading hours

PCI active trading hours

Application field

How can PCI be applied in trading?

&BRENT/EURAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1#C-BRENT1.00009.24092.4400barrels
Quoted part1EUR1.0000.13001.2600EUR
  • The volume to calculate Swap and 1 pip value
  • The size of 1 pip
  • Margin in USD for the volume and leverage of 1:100
  • 1000
  • 0.0001
  • 572.10 USD

Creation date

2014-10-02
StandardBeginnerDemo
Spread
in pips
000
Order distance
in pips
---
Swap (long/short) in pips on Vol -7.665 / -13.065-7.665 / -13.065-7.665 / -13.065
Available
volumes
>=206.29 10.00 – 1000.00 >=10.00
The value of 1 pip in USD for the Vol 000
Week dayTrading hours (CET)Local trading hours
Monday 02:00 — 24:00, 00:00 — 24:0002:00 — 24:00, 00:00 — 24:00
Tuesday02:00 — 24:00, 00:00 — 24:0002:00 — 24:00, 00:00 — 24:00
Wednesday02:00 — 24:00, 00:00 — 24:0002:00 — 24:00, 00:00 — 24:00
Thursday02:00 — 24:00, 00:00 — 24:0002:00 — 24:00, 00:00 — 24:00
Friday02:00 — 22:00, 00:00 — 22:0002:00 — 22:00, 00:00 — 22:00

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.

PCI &BRENT/EUR Download
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