I recently started investing money with T212 in an invest account. Bought a couple of ETFs among which the Vanguard S&P 500 (VUAA).
Trying to understand how T212 calculates the result.
The instrument is in USD. I bought a quantity of 1.9 at a price of $60.71053, and the price at the end of today was $61.509 as shown in the print-screen above. Now, the profit from this movement should be (61.509-60.71053)*1.9 = $1.517093. That’s dollars. Yet, the result in euros to the right shows 0.58 Eur. Is that correct?
If yes, can somebody please explain to me how $1.517093 converts to 0.58 Eur? That’s a EUR/USD exchange rate of 2.61567, and I don’t remember the euro being so strong recently.
I am new so I am very open to the possibility that I’m missing something here. Would appreciate any help with reading this correctly.