XOM Oil | Exxon Stocks Investing | Exxon Mobil Stocks vs Brent | &XOM/BRENT | IFCM Turkey
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Exxon Mobil Stocks vs Brent - XOM Oil Trading

Exxon Mobil Stocks vs Brent Investing

Type:

PCI

Instrument : &XOM/BRENT

Try Your Trading

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

Exxon Stocks Description

The personal composite instrument «&XOM_Brent» reflects the price dynamics of the Exxon Mobil Corporation stock against the physically delivered Brent crude oil futures contract. The base part of this instrument is composed of 123 shares of Exxon Mobil Corporation shares and the quoted part - 274 barrels of Brent crude oil.

Oil is represented by the instrument #C-BRENT - the continuous CFD on Brent oil futures contract. The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date. The trading instrument &XOM_Brent is used for the analysis and trade of the price spread between the Exxon Mobil stock and physically delivered Brent crude futures contract.

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Created by professionals for professionals
Use these instruments for analysis and trading
Available exclusively in IFC Markets

Structure

Parameters

Trading hours

Application field

Structure

PCI Components and their volume
Swipe table
&XOM/BRENTAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1#S-XOM123.000010.00010328.3100stock
Quoted part1#C-BRENT274.00010.000011214.8200barrels

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
225.01 USD
Creation date
2016-03-24
StandardBeginnerDemo
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 dayTrading hours (CET)Local trading hours
Monday 15:30 — 22:0015:30 — 22:00
Tuesday15:30 — 22:0015:30 — 22:00
Wednesday15:30 — 22:0015:30 — 22:00
Thursday15:30 — 22:0015:30 — 22:00
Friday15:30 — 22:0015:30 — 22:00

Application field

How can PCI be applied in trading?

The personal composite trading instrument &XOM_Brent is used for Exxon Mobil and Brent oil pair trading, as well as multi-year comparative analysis of the spread and the instruments themselves – Exxon Mobil stock and Brent oil continuous futures contracts. For example, by building a percentage chart in the NetTradeX terminal for three instruments &XOM_Brent, #S-XOM and #C-BRENT (Fig.1) the 5-year dynamics of the ratio of prices of the oil company stock and crude oil and the price dynamics against USD for the stock and Brent crude oil can be studied.

Fig.1

Trading this personal instrument is analogous to trading the spread between the stock of the energy company and the Brent crude oil.

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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