WTI Crude vs Japanese Yen - WTI JPY Trading

WTI Crude vs Japanese Yen Investing

Type:

PCI

Instrument : &WTI/JPY

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

WTI Oil vs Yen Description

The personal composite trading instrument "&WTI/JPY" reflects the price dynamics of Oil against Yen. The base part of this instrument is composed of 1 barrel of crude oil of the West Texas Intermediate grade, and the quoted part – 100 Japanese yen. The oil is represented by a continuous CFD on WTI oil futures (instrument OIL). The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.

The trading instrument &WTI/JPY is used for the analysis and trade of oil quoted against one of the major Asian currencies - the Japanese yen. Oil plays a very important role in the economies of countries in Asia.

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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
&WTI/JPYAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1OIL1.00009.31093.0500barrels
Quoted part1JPY100.0000.09000.9200JPY

Parameters

PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
1000
The size of 1 pip
0.001
Margin in USD for the volume and leverage of 1:100
633.00 USD
Creation date
2014-09-29
StandardBeginnerDemo
Fixed spread, pip 828282
Floating Spread, pip 828282
Order distance, pip ---
Swap (long/short) in pips on Vol -16.158 / -22.355-16.158 / -22.355-16.158 / -22.355
Available
volumes
>=174.49 1.74 – 1000.00 >=1.74
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 — 23:0001:00 — 23:00
Tuesday00:00 — 23:0000:00 — 23:00
Wednesday00:00 — 23:0000:00 — 23:00
Thursday00:00 — 23:0000:00 — 23:00
Friday00:00 — 22:0000:00 — 22:00

Application field

How can PCI be applied in trading?

The personal composite trading instrument &WTI/JPY is used for trade and dynamics analysis of WTI oil vs the Japanese yen, as well as multi-year comparative analysis of oil quoted against other currencies. For example, by building a percentage chart in the NetTradeX terminal for two instruments &WTI/JPY and OIL - the continuous CFD on WTI oil futures in USD (Рict. 1), it is evident that two periods stand out in the last five years: from 2010 to 2012 Oil exhibited almost identical dynamics against both JPY and USD; from 2013-2014, Oil exhibits significantly higher growth dynamics against JPY compared with the growth against USD.

Oil vs Yen

Traders, whose main assets and investments are denominated in Japanese yen, will be comfortable trading this PCI.

Limit volumes (USD) for base and quoted parts = 1000.00 ; 1000.00.

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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