Wheat vs Russian Ruble - Wheat RUB Trading

Wheat vs Russian Ruble Investing

Type:

PCI

Instrument : &WHEAT/RUB

Status: Closed Trading
Change:
Prev. closing
Open price
Today, max.
Today, min.

Wheat Ruble Description

The personal composite instrument &WHEAT/RUB reflects the price dynamics of Wheat against the Russian ruble. The base part of this instrument is composed of 100 bushels of Wheat, and the quoted part - 1 Russian ruble. Wheat is represented by the #C-WHEAT instrument – the continuous CFD on wheat futures. The asset percentage content of the instrument is estimated on the basis of asset prices on the PCI creation date.

The personal composite instrument &WHEAT/RUB is used for the analysis and trade of wheat in Russian rubles. The dynamics of this instrument is an important indicator for Russia’s wheat trade in internal markets and agricultural exports.

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Structure

Parameters

Trading hours

Application field

Structure

PCI Components and their volume
Swipe table
&WHEAT/RUBAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1#C-WHEAT1.00000.530530.9000100 bushels
Quoted part1RUB1.0000.00000.0200RUB

Parameters

PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
1
The size of 1 pip
0.1
Margin in USD for the volume and leverage of 1:100
4.61 USD
Creation date
2015-03-24
StandardBeginnerDemo
Fixed spread, pip 587658765876
Floating Spread, pip 587658765876
Order distance, pip ---
Swap (long/short) in pips on Vol -7.037 / 1.283-7.037 / 1.283-7.037 / 1.283
Available
volumes
>=19.35 1.50 – 150.00 >=1.50
The value of 1 pip in USD for the Vol 000

Trading hours

PCI active trading hours
Week dayTrading hours (CET)Local trading hours
Monday 08:00 — 14:45, 15:30 — 17:0008:00 — 14:45, 15:30 — 17:00
Tuesday08:00 — 14:45, 15:30 — 17:0008:00 — 14:45, 15:30 — 17:00
Wednesday08:00 — 14:45, 15:30 — 17:0008:00 — 14:45, 15:30 — 17:00
Thursday08:00 — 14:45, 15:30 — 17:0008:00 — 14:45, 15:30 — 17:00
Friday08:00 — 14:45, 15:30 — 17:0008:00 — 14:45, 15:30 — 17:00

Application field

How can PCI be applied in trading?

The personal trading instrument &WHEAT/RUB is used for trade and dynamics analysis of wheat vs the Russian ruble, as well as multi-year comparative analysis of the dynamics of popular energy investment assets quoted in Russian rubles. For example, by building a percentage chart in the NetTradeX terminal for three instruments &WHEAT/RUB, &BRENT/RUB and &GAS/RUB, (Fig. 1), it is evident that in the five year period from March 2011 to March 2015 investments in wheat yielded substantially higher returns (+50%) than investments in Brent crude oil (0%) and natural gas (just +32%). Whereas at the beginning of 2014 investments in wheat traded in negative territory (-10%) energy investments yielded positive returns.

Wheat vs Ruble

Fig.1

Traders, whose main assets and investments are denominated in Russian rubles, will be comfortable trading this PCI.

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.

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