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- Silver vs Japanese Yen Investing
Silver vs Japanese Yen - XAG JPY Trading
Silver vs Japanese Yen Investing
Type:
PCIInstrument : &XAGJPY
Silver vs Yen Description
Personal composite instrument called «&XAGJPY» reflects the price dynamics of silver against the Japanese yen. The base part of this instrument is composed of 1 ounce of silver, and the quoted part – 100 Japanese yen. The asset percentage content of the instrument is estimated based on the asset prices on the PCI creation date.
The trading instrument &XAGJPY is used for the analysis and trade of silver quoted against one of the major Asian currencies - the Japanese yen. The turnover of precious metals, including silver as an asset used for savings accumulation as well as for industrial applications, is important for economies of Asian countries.
Structure
Parameters
Trading hours
Structure
| &XAGJPY | № | Asset | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment |
|---|---|---|---|---|---|---|
| Base part | 1 | XAG | 1.0000 | 0.020 | 16.6000 | oz |
| Quoted part | 1 | JPY | 100.000 | 0.0000 | 0.8300 | 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 | — | — |
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