The personal composite trading instrument «&Indices_EU» reflects the price dynamics of the portfolio of 3 popular European exchange indexes. The base part of this instrument is composed of 3 contracts on DE 30 index (the analogue of DAX) , 6 contracts on FR 40 index (the analogue of CAC 40) and 3 contracts on GB 100 index ( the analogue of FTSE 100). The portfolio is quoted in euros.
These instruments 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 &Indices_EU is used for the analysis and trade of the portfolio of popular European exchange indexes.
|&Indices_EU||№||Asset||Volume / 1 PCI||Percentage||Volume (USD) / 1 PCI||Unit of measurеment|
|Fixed spread, pip||485||485||485|
|Floating Spread, pip||485||485||485|
|Order distance, pip||-||-||-|
|Swap (long/short) in pips on Vol||-3.333 / -21.087||-3.333 / -21.087||-3.333 / -21.087|
|>=0.33||0.00 – 1.04||>=0.00|
|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 &Indices_EU is used for the dynamics analysis and trade of the broad portfolio of European stocks, multi-year comparative analysis of the behavior of popular exchange indices, as well as comparing the indices’ dynamics with that of our portfolio. For example, by building a percentage chart in the NetTradeX terminal for three instruments DE30, FR40, GB100 and our index portfolio &Indices_EU (Fig.1), it is evident that during the three year period (2012-2014) the index portfolio as well as the German DE30 and French FR40 indices grew steadily. The British stock index GB100, quoted in pounds, has not been growing for a whole year. Moreover, the German index DE30 is growing at substantially higher rate than other indices.
Traders, who specialize in European stocks and want to smooth the price volatility of separate stocks, will be comfortable trading this PCI.