Help on the Mexican Peso (ME)

Mexican Peso Futures are traded on the Chicago Mercantile Exchange. The price of the Peso is quoted in cents per Mexican Peso. The standard contract size is 500,000 Mexican Pesos. The minimum trading increment is 0.005 cents/Peso.

Mexican Peso prices are read as follows:

A price of 97.325 would be read as .97325 cents per Mexican Peso..

A move from 97.325 to 98.325 would be a difference of $500.00 excluding commissions and fees. The minimum change is 0.005 point or $2.50

Formula: $0.0098325 - $0.0097325 = $0.000100 *500,000 = $500.00

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