Grain 4 Index - Grain Index Trading

Grain 4 Index Investing

Type:

PCI

Instrument : &Grain_4

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

Grain Commodities Description

The personal composite trading instrument «&Grain_4» reflects the price dynamics of the portfolio of 4 popular grain commodities. The base part of this instrument is composed of 700 bushels of corn, 700 bushels of oats, 250 bushels of soy and 500 bushels of wheat, quoted in US dollars.

These commodities are represented by continuous CFDs on respective futures. The 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 &Grain_4 is used for the analysis and trade of the portfolio of popular grain commodities.

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Structure

Parameters

Trading hours

Application field

Structure

PCI Components and their volume
Swipe table
&Grain_4AssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1#C-CORN7.000024.1902419.2000100 bushels
2#C-OATS7.000024.2002419.9000100 bushels
3#C-SOYB2.500023.6802368.2500100 bushels
4#C-WHEAT5.000025.7502574.5000100 bushels
Quoted part1USD25.00025.000025.0000USD

Parameters

PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
1
The size of 1 pip
0.001
Margin in USD for the volume and leverage of 1:100
93.82 USD
Creation date
2014-10-08
StandardBeginnerDemo
Fixed spread, pip 152015201520
Floating Spread, pip 152015201520
Order distance, pip ---
Swap (long/short) in pips on Vol -2.169 / -1.127-2.169 / -1.127-2.169 / -1.127
Available
volumes
>=4.29 0.43 – 28.57 >=0.43
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 01:00 — 13:45, 14:30 — 19:1501:00 — 13:45, 14:30 — 19:15
Tuesday01:00 — 13:45, 14:30 — 19:1501:00 — 13:45, 14:30 — 19:15
Wednesday01:00 — 13:45, 14:30 — 19:1501:00 — 13:45, 14:30 — 19:15
Thursday01:00 — 13:45, 14:30 — 19:1501:00 — 13:45, 14:30 — 19:15
Friday01:00 — 13:45, 14:30 — 19:1501:00 — 13:45, 14:30 — 19:15

Application field

How can PCI be applied in trading?

It should be noted that that the base part asset trading hours consists of periods of significantly varying liquidity. In the low liquidity trading period from 02:00 – 14:45 (CET) the quotation changes (ticks) may arrive quite infrequently. Therefore sometimes trading of a separate instrument can be blocked at the onset of time-out situations, when the succeeding tick does not arrive for more than 15 minutes. But once the next tick arrives the trading resumes. Since PCI trading can be conducted only during the simultaneous trading hours of all its component assets, the time-out situations for PCIs can occur more often. An “x” sign in the left column of the “Market watch” window notifies about the “time-out” situation in NetTradeX trading terminal. But during the liquid trading hours from 15:30-20:15 (CET) our Grain_4 PCI can practically always be traded.

This personal trading instrument &Grain_4 is used for the analysis and trade of the grain portfolio, multi-year comparative analysis of the behavior of popular exchange grain commodities, as well as grain portfolio dynamics comparison. For example, by building a percentage chart in the NetTradeX terminal for three instruments #C-WHEAT (wheat), #C-CORN (corn) and our grain portfolio &Grain_4 (Fig. 1), it is evident that during the five year period (2010-2014) the wheat and the grain portfolio exhibited similar dynamics, while corn was substantially more expensive during 2.5 years (2011 - summer 2013) but in 2014 the corn price fell considerably below the portfolio price.

Grain Index

Traders, who specialize in grain commodities and want to smooth the price volatility of separate commodities, will be comfortable trading this PCI.

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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