Brent Crude vs Norwegian Krone - Brent NOK Trading
Brent Crude vs Norwegian Krone Investing
Type:
PCIInstrument : &BRENT/NOK
Prev. closing
Open price
Today, max.
Today, min.
Brent Norwegian Krone Description
The personal composite instrument «&BRENT/NOK» reflects the price dynamics of a barrel of crude oil Brent against the Norwegian krone. The base part of the instrument is composed of 1 barrel of crude oil Brent brand, and the quoted part – 1 Norwegian krone. Oil is represented by #C-BRENT - a continuous CFD on Brent oil futures.
The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.
The trading instrument &BRENT/NOK is used for the analysis and trade of oil quoted against Norwegian krone.
Use these instruments for analysis and trading
Available exclusively in IFC Markets
Structure
Parameters
Trading hours
Structure
PCI Components and their volume
Swipe table
| &BRENT/NOK | № | Asset | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment |
|---|---|---|---|---|---|---|
| Base part | 1 | #C-BRENT | 1.0000 | 0.060 | 62.9300 | barrels |
| Quoted part | 1 | NOK | 1.000 | 0.0000 | 0.1300 | NOK |
Parameters
PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
100
The size of 1 pip
0.001
Margin in USD for the volume and leverage of 1:100
67.97 USD
Creation date
2015-04-23
| Standard | Beginner | Demo | |
|---|---|---|---|
| Spread type | |||
| Min. spread, pip | |||
| Order distance, pip | |||
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Swap, pip (Long/Short) | |||
|
Available volumes | |||
| The value of 1 pip in USD for the Vol |
Trading hours
PCI active trading hours
| Week day | Server time (CET) | Local hours |
| Monday | 01:00 — 23:00 | 01:00 — 23:00 |
| Tuesday | 01:00 — 23:00 | 01:00 — 23:00 |
| Wednesday | 01:00 — 23:00 | 01:00 — 23:00 |
| Thursday | 01:00 — 23:00 | 01:00 — 23:00 |
| Friday | 01:00 — 21:00 | 01:00 — 21:00 |
| Saturday | — | — |
| Sunday | — | — |
How can PCI be applied in trading?
Limit volumes (USD) for base and quoted parts = 100000.00 ; 100000.00.
To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.

