Read our traditional weekly recap and follow the best traders at Grand Capital.
The most active client
Placed 751 trades, including 500 profitable ones and 251 that resulted in a loss. The majority of trades involved EUR/USD, USD/CHF, USD/CAD and GBP/USD.
Maximum deposit growth
In one trading week on a single account was $46 519,92.
The most profitable trade of the week
Resulted in a profit of +$17 791,87. The trade was opened on the 8th of December at 3:42 PM and closed on 26th of January at 7:56 AM.
The most interesting trading instruments chosen by traders:
FSTX — DJ STOXX 50 index futures. The size of the contract is calculated by multiplying €10 by the current index quote. One tick is €10.00. Dow Jones STOXX 50 index is a stock index that represents 50 largest companies in Europe. The shares included in this index are chosen from 18 Dow Jones STOXX 600 Supersector indices that encompass about 95% of the major stock exchanges capitalization in 18 European countries;
RY — Euro/Japanese yen cross-currency futures. The trading volume is several thousand contracts a day, the contract size is 125 000 euro. Minimum price fluctuation is 0.01 yen for 1 euro or 1 250 yen per 1 contract. Initial margin is 324 000 yen;
#LEAN HOG — a deliverable contract for 40 000 pounds of hogs. The price is cents per pound. Minimum tick is $10.50. The leading manufacturer by a large margin is Iowa. Other big producers include Illinois, Minnesota, Ohio and Wisconsin;
#VZ (Verizon Communications) — an American telecommunications company. In 2016 it was the largest telecom company in the US by market capitalization and the second largest in the world (after China Mobile). Market capitalization (2017): $214.920 billion;
#JPM (JPMorgan Chase) — an American financial services holding company. Historically it’s a financial conglomerate, the result of the combination of several large US banking companies. Capitalization: $322 billion (2017).
