JPY Index | Yen Index Trading | Japanese Yen Index | IFCM Hong Kong

Japanese Yen Index - JPY Index Trading

Buy &JPY_Index with Market Exchange Rate

Type:

PCI

Instrument : &JPY_Index

Try Your Trading

0
LEVERAGE 1:100
Margin 1000
Calculation base
Status: Closed Trading
Change:
Prev. closing
Open price
Today, max.
Today, min.

Yen Index Description

The currency index is used for analysis and trading of the Japanese yen JPY against the rest of the Forex market. A portfolio of most liquid currencies is used as a market systemic indicator: EUR, USD, GBP, AUD, CHF, CAD.

Advantage

The following are the advantages of the currency index &JPY_Index : (a) the index reaction to the fundamental events in Japan’s economy is the most obvious and stable, (b) the index sensitivity to fundamental events in other currency zones is minimal, which allows to detect low-volatility trend movement of the index that characterizes objectively the state of Japan’s economy. The theoretical bases for the component composition of the index can be found below in the section “Application field".

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Structure

Parameters

Trading hours

Structure

PCI Components and their volume
Swipe table
&JPY_IndexAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1JPY100097.700985.000850.0000JPY
Quoted part1AUD242.25119.2800192.8000AUD
2CAD247.83819.9100199.1000CAD
3CHF180.28319.9100199.1000CHF
4EUR154.41817.4800174.8000EUR
5GBP131.21019.9100199.1000GBP
6USD35.1003.510035.1000USD

Parameters

PCI main trading conditions
Swipe table
The volume to calculate Swap and 1 pip value
1
The size of 1 pip
0.00001
Margin in USD for the volume and leverage of 1:100
9.79 USD
Creation date
2015-01-28
StandardBeginnerDemo
Fixed spread, pip 333333
Floating Spread, pip 333333
Order distance, pip ---
Swap (long/short) in pips on Vol 0.000 / 0.0000.000 / 0.0000.000 / 0.000
Available
volumes
>=76.47 >=0.76 >=0.76
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 00:00 — 24:0000:00 — 24:00
Tuesday00:00 — 24:0000:00 — 24:00
Wednesday00:00 — 24:0000:00 — 24:00
Thursday00:00 — 24:0000:00 — 24:00
Friday00:00 — 22:0000:00 — 22:00
How can PCI be applied in trading?
Limit volumes (USD) for base and quoted parts = 1000.00 ; 1000.00.

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