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- WTI Crude vs Japanese Yen Investing
WTI Crude vs Japanese Yen - WTI JPY Trading
WTI Crude vs Japanese Yen Investing
Type:
PCIInstrument : &WTI/JPY
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.
Structure
Parameters
Trading hours
Structure
&WTI/JPY | № | Asset | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment |
---|---|---|---|---|---|---|
Base part | 1 | OIL | 1.0000 | 9.310 | 93.0500 | barrels |
Quoted part | 1 | JPY | 100.000 | 0.0900 | 0.9200 | 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 | 01:00 — 23:00 | 01:00 — 23:00 |
Tuesday | 00:00 — 23:00 | 00:00 — 23:00 |
Wednesday | 00:00 — 23:00 | 00:00 — 23:00 |
Thursday | 00:00 — 23:00 | 00:00 — 23:00 |
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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