Instrument : &CNHRUB
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.
|&CNHRUB||№||Asset||Volume / 1 PCI||Percentage||Volume (USD) / 1 PCI||Unit of measurеment|
|Fixed spread, pip||16||16||16|
|Floating Spread, pip||16||16||16|
|Order distance, pip||-||-||-|
|Swap (long/short) in pips on Vol||-196.779 / 45.665||-196.779 / 45.665||-196.779 / 45.665|
|>=67224.00||672.24 – 672090.01||>=672.24|
|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 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%.
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.