Spot transaction: Difference between revisions

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Transactions that are arranged for execution ‘now’ are called spot transactions.<br />
A transaction where both parties agree to pay each other a specific amount in a foreign currency either on the same day or within a maximum two days of each other.
This means that the current market price is applied and the transaction is recorded at that
spot price.<br />
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.


== See also ==
== See also ==
* [[Forward]]
* [[FX swap]]
* [[FX swap]]
* [[Spot market]]
* [[Spot market]]
* [[Spot rate]]
* [[Spot rate]]

Revision as of 10:44, 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.

See also