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WTI Crude vs Canadian Dollar - WTI CAD Trading
WTI Crude vs Canadian Dollar Investing
Type:
PCIInstrument : &OIL/CAD
WTI Crude vs CAD Description
The personal composite instrument «&OIL/CAD» reflects the price dynamics of a barrel of crude oil Brent against the Canadian dollar. The base part of the instrument is composed of 1 barrel of American crude oil of West Texas Intermediate brand, and the quoted part – 1 Canadian dollar. Oil is represented by a continuous CFD on WTI 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 &OIL/CAD is used for the analysis and trade of oil quoted against one of the main commodity currencies – the Canadian dollar. Oil is very important for the economies of Asian countries.
Structure
Parameters
Trading hours
Structure
| &OIL/CAD | № | Asset | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment |
|---|---|---|---|---|---|---|
| Base part | 1 | OIL | 1.0000 | 0.060 | 57.4600 | barrels |
| Quoted part | 1 | CAD | 1.000 | 0.0000 | 0.8200 | CAD |
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 | 01:00 — 23:00 | 01:00 — 23:00 |
| Tuesday | 00:00 — 23:00 | 00:00 — 23:00 |
| Wednesday | 00:00 — 23:00 | 00:00 — 23:00 |
| Thursday | 00:00 — 23:00 | 00:00 — 23:00 |
| Friday | 00:00 — 23:00 | 00:00 — 23:00 |
| Saturday | 00:00 — 23:00 | 00:00 — 23:00 |
| Sunday | — | — |
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