Thư viện dụng cụ synthetic

What are Synthetic Instruments?

Synthetic instruments are financial products designed to replicate the behavior of one or more underlying markets. Each instrument has a defined structure and reflects price movements from its components, which can include commodities, indices, or currencies.

For instance, the &XAUJPY PCI tracks the combination of gold and Japanese yen movements, allowing traders to speculate on this relationship without holding actual gold or yen. Similarly, an instrument like &SumOIL/GAS reflects a combination of Brent oil and natural gas prices.

Synthetic instruments can be especially useful for traders who want to:

• Access multiple markets in one instrument
• Trade assets that may not be directly available
• Use predictable pricing patterns for analysis and strategy

How to Trade Synthetic Instruments?

Trading synthetic instruments in NetTradeX is simple and follows these steps:

1. Install NetTradeX – Download the platform to your PC and open an account./li>
2. Select a synthetic instrument – Choose a PCI from the library that matches your trading strategy.
3. Download the instrument – Click the “Download” button on the PCI line in the platform.
4. Analyze and decide on direction – Go long if you expect the instrument’s price to rise or short if you expect it to fall.
5. Set position size and risk controls – Determine your volume, leverage, and use stop-loss/take-profit orders.
6. Monitor and manage your trade – Track market news and price changes of the instrument’s underlying components.
7. Close your position – Realize profits or limit losses based on your trading plan.

Suppose a trader selects &BRENT/EUR, which combines Brent oil futures with the Euro. If oil prices rise while the Euro remains stable, the synthetic instrument’s price increases, allowing the trader to profit from a long position.

Key Benefits of Synthetic Instruments Trading

Trading synthetic instruments comes with several advantages.

1. Access to unique instruments – Trade combinations of commodities, indices, and currencies not available elsewhere.
2. Flexible trading hours – Many synthetic instruments are available during extended hours.
3. Diversification – Gain exposure to multiple assets in one trade.
4. Simplified market access – No need to manage multiple underlying assets separately.
5. Leverage opportunities – Increase potential returns with smaller capital.
6. Hedging potential – Protect other positions using synthetic instruments to offset market risks.

If a trader who holds stocks sensitive to oil prices could hedge their portfolio by trading a synthetic instrument combining oil and energy stock indices.