&XOM/BRENT

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.

Source: Pci

Provided by IFC Markets

Leave a Reply

Your email address will not be published. Required fields are marked *