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 - Silver vs Mexican Pesos Investing
 
Silver vs Mexican Pesos - XAG MXN Trading
Silver vs Pesos Description
Personal composite instrument called «&XAGMXN» reflects the price dynamics of silver against the Mexican peso. The base portfolio of this instrument is composed of 1 ounce of silver, and the quoted portfolio – 1 Mexican peso. The asset percentage content of the instrument is estimated based on the asset prices on the PCI creation date.
The trading instrument &XAGMXN is used for the analysis and trade of silver quoted against the Mexican peso. The Mexican economy depends heavily on mining and export of raw materials – oil, precious metals, particularly silver. Mexico’s silver ore deposits (7%) and mined silver output (19%) rank it among the top 5 countries in the world in silver mineral deposits and production.
Structure
Parameters
Trading hours
Structure
| &XAGMXN | № | 자산 | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment | 
|---|---|---|---|---|---|---|
| Base part | 1 | XAG | 1.0000 | 0.020 | 16.9600 | oz | 
| Quoted part | 1 | MXN | 1.000 | 0.0000 | 0.7000 | MXN | 
Parameters
| Standard | Beginner | Demo | |
|---|---|---|---|
| 고정스프레드, 핍 | |||
| Floating Spread, pip | |||
| 주문거리, 핍 | |||
| 
                            스왑, 핍  (롱/숏)  | |||
| 
                            이용가능  볼륨  | |||
| The value of 1 pip in USD for the Vol | 
Trading hours
| Week day | 거래 시간 (CET, 중앙유럽표준시간) | 현지 거래 시간 | 
| 월요일 | 00:00 — 24:00 | 00:00 — 24:00 | 
| 화요일 | 00:00 — 24:00 | 00:00 — 24:00 | 
| 수요일 | 00:00 — 24:00 | 00:00 — 24:00 | 
| 목요일 | 00:00 — 24:00 | 00:00 — 24:00 | 
| 금요일 | 00:00 — 22:00 | 00:00 — 22:00 | 
| Saturday | — | — | 
| Sunday | — | — | 
To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.

