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- South African Rand vs Japanese Yen Investing
South African Rand vs Japanese Yen - ZAR JPY Trading
South African Rand vs Japanese Yen Investing
Type:
PCIInstrument : &ZARJPY
South African Rand vs Yen Description
The personal composite instrument «&ZARJPY» reflects the price dynamics of South African Rand against Yen. The base part of this instrument is composed of 1 South African rand and the quoted part – 1 Japanese yen. The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.
The trading instrument &ZARJPY is used for the analysis and trade of the currency cross rate of the South African rand and Japanese yen. The dynamics of this cross rate is an important indicator of the currency markets of the trading partners – SAR and Japan.
Structure
Parameters
Trading hours
Structure
&ZARJPY | № | Asset | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment |
---|---|---|---|---|---|---|
Base part | 1 | ZAR | 1.0000 | 0.000 | 0.0900 | ZAR |
Quoted part | 1 | JPY | 1.000 | 0.0000 | 0.0100 | JPY |
Parameters
Standard | Beginner | Demo | |
---|---|---|---|
Fixed spread, pip | |||
Floating Spread, pip | |||
Order distance, pip | |||
Swap (long/short) in pips on Vol | |||
Available volumes | |||
The value of 1 pip in USD for the Vol |
Trading hours
Week day | Server time (CET) | Local hours |
Monday | 00:00 — 24:00 | 00:00 — 24:00 |
Tuesday | 00:00 — 24:00 | 00:00 — 24:00 |
Wednesday | 00:00 — 24:00 | 00:00 — 24:00 |
Thursday | 00:00 — 24:00 | 00:00 — 24:00 |
Friday | 00:00 — 22:00 | 00:00 — 22:00 |
Saturday | — | — |
Sunday | — | — |
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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