Chinese Yuan vs Japanese Yen - CNH JPY Trading

Chinese Yuan vs Japanese Yen Investing

Type:

PCI

Instrument : &CNHJPY

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

Yuan vs Yen Description

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.

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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
&CNHJPYAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1CNH1.00000.1600.1600CNH
Quoted part1JPY1.0000.01000.0100JPY

Parameters

PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
100000
The size of 1 pip
0.0001
Margin in USD for the volume and leverage of 1:100
159.32 USD
Creation date
2014-09-26
StandardBeginnerDemo
Fixed spread, pip 727272
Floating Spread, pip 727272
Order distance, pip ---
Swap (long/short) in pips on Vol -2.143 / -7.765-2.143 / -7.765-2.143 / -7.765
Available
volumes
>=70271.00 702.71 – 702560.00 >=702.71
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 00:00 — 24:0000:00 — 24:00
Tuesday00:00 — 24:0000:00 — 24:00
Wednesday00:00 — 24:0000:00 — 24:00
Thursday00:00 — 24:0000:00 — 24:00
Friday00:00 — 22:0000:00 — 22:00

Application field

How can PCI be applied in trading?

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.

Yuan vs Yen
Limit volumes (USD) for base and quoted parts = 100000.00 ; 100.00.

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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