Russian Ruble Spread Betting and Trading


cf_market_short Trading Guide


The CleanFinancial guide to spread betting on Russian Ruble.


Live Russian Ruble Chart & Prices

The CFD trading chart and prices below will give readers a helpful guide to USD/RUB.




USD/RUB Market Analysis and Trading News


4 April 2018, 11:27am, Updated Russian Ruble COT Report

The latest Commitments of Traders Report (COT) for the Russian Ruble has been released by the CFTC, please see our Russian Ruble COT report below.

Readers should note that we have also updated our Forex COT Summary Report.

Update by Gordon Childs, Editor, CleanFinancial
4 April 2018, 8:48pm, Updated Russian Ruble COT Report

The latest Commitments of Traders Report (COT) for the Russian Ruble has been released by the CFTC, please see our Russian Ruble COT report below.

Readers should note that we have also updated our Forex COT Summary Report.

Update by Gordon Childs, Editor, CleanFinancial

» More forex trading views and analysis.




Where Can I Spread Bet on Russian Ruble?

Investors can spread bet on USD/RUB with:

Where Can I Trade Russian Ruble for Free?

Investing is never without risks. However, in the UK, financial spread betting is currently tax free*, i.e. it is exempt from stamp duty, income tax and capital gains tax.

Assuming you want a free financial spread betting website, keep in mind that investors are able to financial spread bet on USD/RUB without paying any commissions with:

Free Demo Account

We could be wrong but, at the moment, we don’t know of any large and reputable firms that offer demo accounts with the Russian Ruble. This will probably change though.


How to Spread Bet on Russian Ruble?

You can spread bet on currency rates, like USD/RUB, to either rise or fall.

Looking at the ETX Capital site, we can see they are currently pricing the USD/RUB Rolling Daily market at руб 35.0595 – руб 35.0700. Therefore, an investor could spread bet on the USD/RUB pair:

  USD/RUB Trading Example Going higher than руб 35.0700, or
  USD/RUB Spread Betting Example Going lower than руб 35.0595

When financial spread betting on USD/RUB you trade in £x per point where a point is руб 0.0001 of the pairs movement. So, if you decided to have a stake of £3 per point and USD/RUB moves 39 points then that would change your bottom line by £117. £3 per point x руб 0.0039 = £3 per point x 39 points = £117.

Rolling Daily FX Markets

Be aware that this is a Rolling Daily Market which means that unlike a futures market, there is no closing date. You do not have to close your trade, should it still be open at the end of the trading day, it will roll over to the next trading day.

If you do roll over a forex trade then you are usually charged a small overnight financing fee. For more information see Rolling Daily Spread Betting.


USD/RUB Spread Betting Example

If we take the spread of руб 35.0595 – руб 35.0700 and assume that:
  • You have completed your market analysis, and
  • You feel that the USD/RUB rate will rise above руб 35.0700
Then you could buy a spread bet at руб 35.0700 and invest, for the sake of argument, £1 per point.

This means that you make a profit of £1 for every point (руб 0.0001) that the USD/RUB rate moves higher than руб 35.0700. Nevertheless, this trade also means that you will make a loss of £1 for every point that the USD/RUB market decreases below руб 35.0700.

Looking at this from another angle, if you were to ‘Buy’ a spread bet then your profit/loss is worked out by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that difference in price by your stake.

Therefore, if after a few hours the FX rate rose then you might want to close your spread bet in order to guarantee your profit.

Taking this a step further, if the market did go up then the spread, determined by the spread betting firm, could change to руб 35.0858 – руб 35.0963.

In order to close your trade you would sell at руб 35.0858. As a result, with the same £1 stake your profit would come to:

Profit = (Final Price – Initial Price) x stake
Profit = (руб 35.0858 – руб 35.0700) x £1 per point stake
Profit = руб 0.0158 x £1 per point stake
Profit = 158 points x £1 per point stake
Profit = £158 profit

Spread betting on the Ruble is not easy. In this example, you wanted the forex rate to rise. Of course, it could also fall.

If the USD/RUB market fell, contrary to your expectations, then you could close your spread bet to limit your losses.

Should the spread drop to руб 35.0525 – руб 35.0630 then you would close your position by selling at руб 35.0525. Therefore, you would make a loss of:

Loss = (Final Price – Initial Price) x stake
Loss = (руб 35.0525 – руб 35.0700) x £1 per point stake
Loss = -руб 0.0175 x £1 per point stake
Loss = -175 points x £1 per point stake
Loss = -£175 loss

Note: USD/RUB Rolling Daily forex market correct as of 03-Feb-14.


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You can spread bet on Russian Ruble with Financial Spreads.



Russian Ruble Commitments of Traders Report – 3 Apr 2018 (i)

Futures Only Positions, CME , Code 89741, (Contracts of RUB 2,500,000) (i)

Reporting Firms (i) Non-Reportable Positions (i)
Non-Commercial (i)
Commercial (i) Total Reportable (i)
 
Commitments (i) Open (i) Interest Commitments
Long (i) Short (i) Spreads (i) Long Short Long Short Long Short
18,882 216 48 7,643 27,589 26,573 27,853 28,550 1,977 697
 
Changes from 27 Mar 2018 (i) Change in (i) Open Interest Changes from
Long Short Spreads Long Short Long Short Long Short
-72 -562 0 -276 -2 -348 -564 -624 -276 -60
 
Percent of Open Interest for Each Category of Trader (i)
Long Short Spreads Long Short Long Short   Long Short
66.1% 0.8% 0.2% 26.8% 96.6% 93.1% 97.6%   6.9% 2.4%
 
Number of Traders in Each Category (i) Total (i) Traders  
Long Short Spreads Long Short Long Short    
17 2 1 4 5 21 8 28    
 
Long/Short Commitments Ratios (i)   Long/Short Ratio
Ratio   Ratio Ratio   Ratio
87.4:1   1:3.6 1:1   2.8:1
 
Net Commitment Change (i)  
490  

Also see:

Live Russian Ruble Chart & Prices

To analyse real time prices and charts for Ruble-based markets, you’ll probably need a spread betting account. Readers should note that such accounts are subject to status and credit checks.

If you want to spread bet then, before you start, remember that financial spread betting does involve a high degree of risk to your trading capital and you could lose more than your initial deposit.

Even though the charting packages tend to differ between platforms, in order to help your trading, they often come with valuable tools such as:
  • A number of different time periods, for example, 5 minutes, 30 minutes, 1 day etc.
  • Different display options, for example, line, OHLC and candlestick charts
  • Drawing tools and features, for example, Fibonacci fans, time zones and arcs

The charts provided by IG and ETX also offer:
  • Custom Indicators, Back Testing and Optimisation tools
  • Numerous chart overlays, for example, Bollinger Bands, Parabolic SAR, Wilder’s Smoothing etc.
  • Technical indicators, for example, Historical Volatility, MACD, Swing Index etc.
  • Custom alerts for when the markets hit a pre-set price

Sample US Dollar/Russian Ruble candlestick chart



The spread betting companies in the list below provide their users with charts and live prices: