Instrument : &CNHJPY
Personal composite instrument called «&CNHJPY» reflects the price dynamics of Yuan against Yen. The base part of this instrument is composed of 1 Chinese yuan, and the quoted part – 1 Japanese yen. The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.
The trading instrument &CNHJPY is used for the analysis and trade of the cross rate of two major Asian currencies - the Japanese yen and the Chinese yuan. The dynamics of this cross rate is an important indicator of the exchange market of Asia.
|&CNHJPY||№||Asset||Volume / 1 PCI||Percentage||Volume (USD) / 1 PCI||Unit of measurеment|
|Fixed spread, pip||72||72||72|
|Floating Spread, pip||72||72||72|
|Order distance, pip||-||-||-|
|Swap (long/short) in pips on Vol||-16.302 / -2.860||-16.302 / -2.860||-16.302 / -2.860|
|>=68844.00||688.44 – 663079.19||>=688.44|
|The value of 1 pip in USD for the Vol||0||0||0|
|Week day||Trading hours (CET)||Local trading 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|
The personal composite trading instrument &CNHJPY can be used for trade and dynamics analysis of Yuan against Yen, as well as multi-year comparative dynamics analysis of major global currencies vs. Yen. For example, by building a percentage chart in the NetTradeX terminal for five currencies (EUR, GBP, USD, AUD, CNH) against Yen (Рict. 1), it is evident that in the last 4 years it is the Yuan that rose most against Yen.