spot transaction

For spot transactions it is the future date on which the trade is settled.

The settlement period for spot transactions is two business days (excluding public holidays in the countries of both currencies).

A company can also make spot transactions, one-time purchases to try a new supplier or quick buys that fill a need.

This kind of transaction is referred to as a spot transaction or simply spot.

Most speculative retail forex trading is done as spot transactions on an online trading platform.

The standard settlement timeframe for foreign exchange spot transactions is T + 2 days; i.e., two business days from the trade date.

Of this $3.98 trillion, $1.5 trillion was spot transactions and $2.5 trillion was traded in outright forwards, swaps and other derivatives.

As of 2010, the average daily turnover of global FX spot transactions reached nearly 1.5 trillion USD, counting 37.4% of all foreign exchange transactions.

Market convention from the early 1980s to 2006 was that most currency pairs were quoted to 4 decimal places for spot transactions and up to 6 decimal places for forward outrights or swaps.

A foreign exchange spot transaction, also known as FX spot, is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date.

In a report to be published Monday, the New York-based newsletter said that single-cargo spot transactions - or those not part of any continuing supply arrangement - were approaching 40 percent of United States crude oil imports.

In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for settlement (payment and delivery) on the spot date, which is normally two business days after the trade date.

An official at Daiwa Bank, who insisted on anonymity, said that Mr. Iguchi did not engage in derivatives trading - Mr. Leeson's downfall at Barings - but only in spot transactions on the bond market.

Using five-minute returns for the period from 1 to 15 October 1987, they concluded that the negative basis after 11 a.m. on Monday 19 October was primarily due to stale prices, particularly physical delays in the processing of spot transactions, and not to illiquidity.

In addition to the strength of spot market demand in states experiencing supply shortages, the general lack of availability of viable long-term contracts and the heavy discounts applied to these contracts have left some system owners and project developers seeking ways to finance solar through spot transactions.

A spot transaction is a two-day delivery transaction (except in the case of trades between the US Dollar, Canadian Dollar, Turkish Lira, Euro and Russian Ruble, which settle the next business day), as opposed to the futures contracts, which are usually three months.