Mexican Peso (6M) Futures Contract Specifications

What Are Mexican Peso (6M) Futures?

Mexican Peso Futures (6M) provide traders with exposure to the USD/MXN exchange rate. These contracts allow traders to speculate on the value of the U.S. Dollar relative to the Mexican Peso or hedge currency risk in international business operations, particularly for those with operations in Mexico or trading relationships with Mexican businesses.

Contract Size

Contract Size: 500,000 Mexican Pesos

Example: This contract size allows traders to gain exposure to currencies with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: 0.0001 USD per Mexican Peso (1 pip)
  • Tick Value: $5.00 per tick
  • Point Value: $50.00 per 0.01

These specifications make Mexican Peso (6M) Futures suitable for traders seeking exposure to currencies markets.

Trading Hours

Mexican Peso (6M) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Sunday to Friday, nearly 24 hours a day with a short break
  • Time Zone: Central Time (CT)

Trading Symbol

Platform Symbol: 6M

Margins

To trade Mexican Peso (6M) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Mexican Peso (6M) Futures?

  • Exposure to an emerging market currency with strong U.S. economic ties
  • Effective hedging tool for businesses with Mexican operations
  • Trading opportunities based on North American economic developments
  • Extended trading hours covering North American market sessions
  • Standardized contract specifications and regulated exchange

Position Sizing for Mexican Peso (6M) Futures

Proper position sizing is crucial when trading Mexican Peso (6M) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Mexican Peso (6M) Futures (6M):

  • Tick Size: 0.0001 USD per Mexican Peso (1 pip)
  • Tick Value: $5.00 per tick
  • Point Value: $50.00 per 0.01

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 50.00 per 0.01 = $500

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $500 = 1 contract