Instrument : &Energy_Stocks
The personal composite instrument «&Energy_Stocks» reflects the price dynamics of the stock portfolio of the world’s 8 biggest energy companies which are traded on New York Stock Exchange (NYSE). The base part of this instrument is composed of stocks of BP p.l.c., ConocoPhillips, Chevron Corporation, Occidental Petroleum, Petroleo Brasileiro, Total, Weatherford International, Exxon Mobil Corporation.
The portfolio is quoted in USD. The component asset percentages in the instrument content are set approximately equal on the basis of asset prices in USD on the instrument creation date.
The trading instrument Energy_Stocks is used for the analysis and trade of the portfolio of Energy sector stocks.
|&Energy_Stocks||№||Asset||Volume / 1 PCI||Percentage||Volume (USD) / 1 PCI||Unit of measurеment|
|Fixed spread, pip||1012||1012||1012|
|Floating Spread, pip||1012||1012||1012|
|Order distance, pip||-||-||-|
|Swap (long/short) in pips on Vol||-1.374 / -0.150||-1.374 / -0.150||-1.374 / -0.150|
|The value of 1 pip in USD for the Vol||0||0||0|
|Week day||Trading hours (CET)||Local trading hours|
|Monday||15:30 — 22:00||15:30 — 22:00|
|Tuesday||15:30 — 22:00||15:30 — 22:00|
|Wednesday||15:30 — 22:00||15:30 — 22:00|
|Thursday||15:30 — 22:00||15:30 — 22:00|
|Friday||15:30 — 22:00||15:30 — 22:00|
This personal trading instrument &Energy_Stocks is used for the dynamics analysis and trade of the portfolio of energy sector stocks (world’s biggest companies), comparative analysis of this industry stock index with other stock market and industry indices. For example, by building a W1 percentage chart in the NetTradeX terminal for the broad market index SP500, &Health_Stocks, &Finance_Stocks &Materials_Stocks, and &Energy_Stocks (Fig.1), it is evident that during the last year period (until November 2014) the index of energy sector stocks significantly lagged behind the SP500 and other industry indexes. Moreover, while the broad market index SP500 rose 12% the &Energy_Stocks index declined 6%.
Traders specializing in broad stock market and industry indices will be comfortable trading this instrument.