spot commodity

(redirected from Spot Commodities)

Spot commodity

A commodity that is traded with the expectation of actual delivery, as opposed to a commodity future that is usually not delivered.

Spot Commodity

A commodity traded on the current market. Spot commodities involve straightforward transactions; there is a buyer and a seller and the seller makes delivery of the commodity promptly when the transaction is settled. A spot commodity differs from a futures transaction, in which the buyer and seller agree to exchange the commodity at some point in the future.

spot commodity

A commodity that is available for immediate delivery.
References in periodicals archive ?
DME is excited about this new auction capacity, which will enable the Exchange to offer a very attractive solution to customers in the Gulf that are looking to buy or sell spot commodities in a transparent and fair manner," said Owain Johnson, Managing Director of DME.
This offers customers the advantage of a transparent platform to trade spot commodities for immediate delivery.
Spot Commodities allow traders to short sell as easily as taking a long position and can also be traded by Market, Limit, Stop and Trailing Stop orders.
is a Warsaw-based spot commodities and futures exchange.
The rise in oil prices is a sign that as financial markets destabilize, investors are shifting dollar assets into oil, gold and other spot commodities.
According to Rosine (1987), consumption of spot commodities as a share of nominal GDP ranged from 8 percent to 10 percent from 1973 to 1981, but fell to just 4 percent by 1986.
The spot commodities brokerage service designed for regional clients has been well received by the market, which helps reduce trading costs, improve deal efficiency, provide more business options and increase deal rates.
We are very excited about this new auction platform, which will enable the Exchange to offer a very attractive solution to customers in the Gulf that are looking to buy or sell spot commodities in a transparent and fair manner.
COESfx currently offers 22 currencies and two spot commodities - gold and silver - on its fully transparent trading platform.