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Sunday, November 25, 2007

Calculating P&L

Profit and Loss (P&L) for every position is calculated in real-time on the ACM forex trading platform. This enables traders to track their P&L tick by tick as the market fluctuates.Approximate USD values for a one (1) "pip" move per contract in our traded currency pairs are as follows, per 100,000 units of the base currency:
Currency pairs
1 pip
1 pip move per 100k (lot)
EURUSD
.0001
EUR 100'000 x .0001 = USD 10.00
USDJPY
.01
USD 100'000 x .01 = JPY 1'000 /spot = approx USD 9.7
USDCHF
.0001
USD 100'000 x .0001= CHF 10.00 /spot = approx USD 8.5
GBPUSD
.0001
GBP 100'000 x .0001 = USD 10.00
EURJPY
.01
EUR 100'000 x .01 = JPY 1'000 /spot = approx USD 9.7
EURCHF
.0001
EUR 100'000 x .0001 = CHF 10.00 /spot = approx USD 8.5
EURGBP
.0001
EUR 100'000 x .0001 = GBP 10.00 /spot = approx USD 19.00
GBPJPY
.01
GBP 100'000 x .01 = JPY 1'000 /spot = approx USD 9.7
GBPCHF
.0001
GBP 100'000 x .0001 = CHF 10.00 /spot = approx USD 8.5
CHFJPY
.0001
CHF 100'000 x .01 = JPY 1'000 /spot = approx USD 9.7
USDCAD
.0001
USD 100'000 x .0001= CAD 10.00 /spot = approx USD 8.00
AUDUSD
.0001
AUD 100'000 x .0001 = USD 10.00
USDSGD
.0001
USD 100'000 x .0001= /spot = approx USD 6.00
USDSEK
0.001
USD 100'000 x .001= /spot = approx USD 1.6
USDNOK
.0001
USD 100'000 x .0001= /spot = approx USD 1.6
USDHKD
0.001
USD 100'000 x .001= /spot = approx USD 1.2
AUDJPY
.01
USD 100'000 x .0001= /spot = approx USD 9.7
On a typical day, liquid currency pairs like EUR/USD and USD/JPY can fluctuate a full point (.0100, 100 pips). On a EUR 1'000'000 position a full point on EUR/USD equates to 10'000 USD.

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