Wheat vs Russian Ruble - Wheat RUB Trading


Buy WHEAT-RUB with

Market Exchange Rate

WHEAT-RUB
Status:Closed Trading

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.

Please, choose the section:

Structure

PCI Components and their volume

Parameters

PCI main trading conditions

Trading hours

PCI active trading hours

Application field

How can PCI be applied in trading?

&WHEAT/RUBAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1#C-WHEAT1.00000.530530.9000100 bushels
Quoted part1RUB1.0000.00000.0200RUB
  • The volume to calculate Swap and 1 pip value
  • The size of 1 pip
  • Margin in USD for the volume and leverage of 1:100
  • 1
  • 0.1
  • 4.46 USD

Creation date

2015-03-24
StandardBeginnerDemo
Spread
in pips
000
Order distance
in pips
---
Swap (long/short) in pips on Vol-0.208 / -0.070-0.208 / -0.070-0.208 / -0.070
Available
volumes
>=15.00>=1.50>=1.50
The value of 1 pip in USD for the Vol000
Week dayTrading hours (CET)Local trading hours
Monday 02:00 — 14:45, 15:30 — 20:20, 08:00 — 17:0002:00 — 14:45, 15:30 — 20:20, 08:00 — 17:00
Tuesday02:00 — 14:45, 15:30 — 20:20, 08:00 — 17:0002:00 — 14:45, 15:30 — 20:20, 08:00 — 17:00
Wednesday02:00 — 14:45, 15:30 — 20:20, 08:00 — 17:0002:00 — 14:45, 15:30 — 20:20, 08:00 — 17:00
Thursday02:00 — 14:45, 15:30 — 20:20, 08:00 — 17:0002:00 — 14:45, 15:30 — 20:20, 08:00 — 17:00
Friday02:00 — 14:45, 15:30 — 20:20, 08:00 — 17:0002:00 — 14:45, 15:30 — 20:20, 08:00 — 17:00

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.

PCI &WHEAT/RUB Download