CMENYMEX
CMENYMEX is a financial market term that refers to the CME Group's Mexican Peso futures contracts. These contracts allow traders and investors to speculate on or hedge against future price movements of the Mexican Peso (MXN) relative to the US Dollar (USD). The CME Group is a major global derivatives marketplace, and its currency futures are widely used for international trade and investment.
Trading Mexican Peso futures on the CME provides a standardized and regulated way to manage currency risk.
The contracts are typically traded with specific expiration dates and are denominated in US Dollars per Mexican