Brent Crude vs Norwegian Krone - Brent NOK Trading

Brent Crude vs Norwegian Krone Investing

Type:

PCI

Instrument : &BRENT/NOK

&BRENT/NOK Live Chart Ready to start trading?

Try Trading Simulator

Status: Closed Trading

Change:

Prev. closing

Open price

Today, max.

Today, min.

Brent Norwegian Krone Description

The personal composite instrument «&BRENT/NOK» reflects the price dynamics of a barrel of crude oil Brent against the Norwegian krone. The base part of the instrument is composed of 1 barrel of crude oil Brent brand, and the quoted part – 1 Norwegian krone. Oil is represented by #C-BRENT - a continuous CFD on Brent oil futures.

The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.

The trading instrument &BRENT/NOK is used for the analysis and trade of oil quoted against Norwegian krone.

Start trading with IFC Markets

Created by professionals for professionals

Start Now

Use these instruments for analysis and trading

Available exclusively in IFC Markets

Structure

Parameters

Trading hours

Structure

PCI Components and their volume

Swipe table

&BRENT/NOK	№	Asset	Volume / 1 PCI	Percentage	Volume (USD) / 1 PCI	Unit of measurеment
Base part	1	#C-BRENT	1.0000	0.060	62.9300	barrels
Quoted part	1	NOK	1.000	0.0000	0.1300	NOK

Parameters

PCI main trading conditions

Swipe table

The volume to calculate Swap and 1 pip value

100

The size of 1 pip

0.001

Margin in USD for the volume and leverage of 1:100

67.97 USD

Creation date

2015-04-23

	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

PCI active trading hours

Week day	Server time (CET)	Local hours
Monday	01:00 — 23:00	01:00 — 23:00
Tuesday	01:00 — 23:00	01:00 — 23:00
Wednesday	01:00 — 23:00	01:00 — 23:00
Thursday	01:00 — 23:00	01:00 — 23:00
Friday	01:00 — 21:00	01:00 — 21:00
Saturday	—	—
Sunday	—	—