Spot transaction: Difference between revisions
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imported>Doug Williamson (Spacing.) |
imported>Doug Williamson (Classify page.) |
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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 | ||
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* [[Spot market]] | * [[Spot market]] | ||
* [[Spot rate]] | * [[Spot rate]] | ||
[[Category:Financial_products_and_markets]] | |||
Revision as of 11:31, 2 July 2022
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.
