London (PRWEB) October 29, 2014
The new PCIs, created by IFC Markets, allow investors to choose what market they want to trade in – foreign exchange or commodities market. The Personal Composite Instruments, designed for trading in foreign exchange markets, allow trading the US dollar and Euro against the indexes of remaining major foreign exchange currencies.
The &VSUSD_Index PCI quoting the US dollar against a specially structured portfolio, composed of Euro, Yen, British Pound, Swiss Frank, Australian dollar and Canadian dollar, is designed for trading the US dollar against the remaining six most liquid currencies. The structured portfolio asset allocation between the currencies is optimized so that the instrument is sensitive only to events in the dollar economic zone, and the reaction to events in other currency zones is minimized. This makes the instrument ideally suitable for trend following strategy in periods when key fundamental events are anticipated in the US: Federal Reserve key policy announcements, releases of important US economic indicators and the like. Based on the same principle, the &EUR_Index personal instrument quoting Euro against US dollar, Yen, British Pound, Swiss Frank, Australian dollar and Canadian dollar, is highly sensitive to events in the euro economic zone, while the reaction to events in remaining six major currency zones is minimized. The &EUR_Index PCI thus can be used for position trading in periods when key fundamental events are anticipated in euro zone.
The other two PCIs are designed for trading in commodity markets, specifically oil and grain. The personal composite trading instrument &Grain_4 reflects the price dynamics of the portfolio of 4 popular grain commodities - corn, oats, soybean and wheat, quoted in US dollars. Thus, traders have an opportunity to trade the price dynamics of the grain portfolio instead of separate dynamics of any component grain, making this instrument ideally suitable for general grains market trend following strategy. The &BRENT_EUR PCI reflects the price dynamics of Brent Oil against Euro, the second major world currency.
Thus, new PCIs provide traders with a wider selection of instruments that allow trading according to their interests and preferences. The Personal Composite Instruments are formed by building two portfolios, called base and quote portfolios. The portfolios can be composed of any assets and then the value of the base portfolio is quoted against the value of the quoted portfolio, thus expressing the value of the base portfolio in terms of units of value of the quoted one.
About IFC Markets:
IFC Markets is a leading innovative financial company, providing private and corporate investors with various trading and analytical tools. The company provides its clients with Forex and CFD trading through its own-generated trading platform NetTradeX, which is available on PC, iOS, Android and Windows Mobile. The platform is available in 15 languages. The company also offers MT4 platform available on PC, Mac OS, iOS, Android and Smartphone. The main priority of the company is to provide highly competitive services, traditional and totally innovative trading and analytical solutions. Today IFC Markets is one of the best global CFD brokers in the market, supporting traders in multiple languages. http://www.ifcmarkets.com