Electronic Trading and Mexican Peso

Trends of electronic FX market

Hi, I want to know if somebody could help me in answering how do you see the trends of electronic and Internet FX trading in general for the next years, and I have another question, do you think the mexican peso follows the same trend?
Thank you

The Mexican peso is extremely hard to trade, it is like trading the Canadian $. The Mexican markets are so closly correlated to the USA markets that it like trading a 'mirrior' of the USD. As compared to if you were trading it against the Jpy or Eur.

The best way to trade it, would be to trade a few USD pairs along with MXN, or trade a few MXNs pairs, which are not available.
Plus, Mexican markets/data is not as evolved, so it could be hard to find all the data you need to trade it accordingly.

Depth Trade

IB is expected to add MXN to their IDEALPRO platform "soon".