Chinese Yuan vs Russian Ruble - CNH RUB Trading

Chinese Yuan vs Russian Ruble Investing

Type:

PCI

Instrument : &CNHRUB

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

Yuan Ruble Description

The personal composite instrument «&CNHRUB» reflects the price dynamics of Chinese yuan against Russian ruble. The base part of this instrument is composed of 1 Chinese yuan, and the quoted part - 1 Russian ruble. The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.

The personal composite instrument &CNHRUB is used for the analysis and trade of the currency cross rate of the Chinese yuan and Russian ruble. The dynamics of this cross rate is an important indicator of the currency markets of the trading partners - China and Russia.

Start trading with IFC Markets

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
&CNHRUBAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1CNH1.00000.0000.1600CNH
Quoted part1RUB1.0000.00000.0200RUB

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
2015-03-06
StandardBeginnerDemo
Fixed spread, pip 161616
Floating Spread, pip 161616
Order distance, pip ---
Swap (long/short) in pips on Vol -189.801 / 29.241-189.801 / 29.241-189.801 / 29.241
Available
volumes
>=70297.00 702.97 – 702810.00 >=702.97
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 trading instrument &CNHRUB is used for trade and dynamics analysis of Chinese yuan vs the Russian ruble, as well as multi-year comparative analysis of the dynamics of currencies and other assets against the Russian ruble. For example, by building a percentage chart in the NetTradeX terminal for 5 currencies (EUR, USD, CNH, XAU, BRENT, NATGAS) against the Russian ruble, (Fig. 1), it is evident that in the last 2 years (by March 2015) the US dollar and the Chinese yuan gained the most (105%) against the Russian ruble, while Brent crude oil gained only 14%.

Yuan vs Ruble

Fig. 1

Traders, who specialize in fundamental analysis and take into account the dynamics of the currencies of China and Russia will be comfortable trading this instrument.

Limit volumes (USD) for base and quoted parts = 100000.00 ; 100000.00.

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

Start trading with IFC Markets

We are ready to support you with any kind of questions, 24 hours a day.