Spot transaction: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson No edit summary |
imported>Doug Williamson m (Added 1 line space before see also) |
||
| Line 4: | Line 4: | ||
In the foreign exchange market a spot transaction is one which is transacted now, at today’s spot | In the foreign exchange market a spot transaction is one which is transacted now, at today’s spot | ||
price, but which is normally delivered in two business days’ time. | price, but which is normally delivered in two business days’ time. | ||
== See also == | == See also == | ||
Revision as of 11:13, 30 May 2015
Transactions that are arranged for execution ‘now’ are called spot transactions.
This means that the current market price is applied and the transaction is recorded at that
spot price.
In the foreign exchange market a spot transaction is one which is transacted now, at today’s spot
price, but which is normally delivered in two business days’ time.
