IFC Markets Forex Broker

Financial Stocks - Financial Index Trading

Financial Stocks Investing

Type:

PCI

Instrument : &Finance_Stocks

SELL
FINANCE-STOCKS
BUY
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Status: Closed Trading
Change:
Prev. closing
Open price
Today, max.
Today, min.

Financial Stock Index Description

The personal composite trading instrument «&Finance_Stocks» reflects the price dynamics of the stock portfolio of 10 biggest companies from US finance industry which are traded on New York Stock Exchange (NYSE). The base part of this instrument is composed of stocks of American International Group, American Express, Bank of America, Citigroup, Goldman Sachs, JP Morgan Chase, Mastercard, Morgan Stanley, Regions Financial, Visa, Wells Fargo.

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 &Finance_Stocks is used for the analysis and trade of the portfolio of US Finance industry stocks.

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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
&Finance_StocksAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1#S-AIG19.00009.820982.1100stock
2#S-BAC61.000010.0101001.0100stock
3#S-C20.000010.1501014.8000stock
4#S-GS5.00008.850885.1500stock
5#S-JPM17.00009.770977.3300stock
6#S-MA14.000010.2601025.7800stock
7#S-MS30.000010.0301002.9000stock
8#S-RF108.000010.0201002.2400stock
9#S-V5.000010.5601055.7000stock
10#S-WFC20.000010.0401004.0000stock
Quoted part1USD100.0001.0000100.0000USD

Parameters

PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
1
The size of 1 pip
0.0001
Margin in USD for the volume and leverage of 1:100
370.43 USD
Creation date
2014-10-22
StandardBeginnerDemo
Fixed spread, pip 991991991
Floating Spread, pip 991991991
Order distance, pip ---
Swap (long/short) in pips on Vol -2.570 / -0.276-2.570 / -0.276-2.570 / -0.276
Available
volumes
>=0.20 >=0.20 >=0.20
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 15:30 — 22:0015:30 — 22:00
Tuesday15:30 — 22:0015:30 — 22:00
Wednesday15:30 — 22:0015:30 — 22:00
Thursday15:30 — 22:0015:30 — 22:00
Friday15:30 — 22:0015:30 — 22:00

Application field

How can PCI be applied in trading?

This personal trading instrument &Finance_Stocks is used for the dynamics analysis and trade of the finance industry stock portfolio (the biggest US stock issuers), comparative analysis of this industry stock index with other stock indexes. For example, by building an H4 percentage chart in the NetTradeX terminal for the broad stock index SP500, &Health_Stocks and &Finance_Stocks (Fig.1), it is evident that during the half year period (April-October 2014) the finance industry index steadily lagged behind the SP500 and healthcare industry indexes.

Finance index

Traders specializing in broad stock market and industry indexes will be comfortable trading this instrument.

Limit volumes (USD) for base and quoted parts = 10000.00 ; 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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