Spot transaction: Difference between revisions
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This means that the current market price is applied and the transaction is recorded at that | This means that the current market price is applied and the transaction is recorded at that | ||
spot price.<br /> | spot price.<br /> | ||
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. | ||
Revision as of 15:22, 17 November 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.
