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Spot Currency Market

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Spot Currency Market
A market in which a currency bought or sold is delivered in two business days (except for the Canadian dollar, which is delivered in one business day). It differs from currency derivatives markets like futures contracts.
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However, the NDF market for Indian Rupee is small as compared to the on-shore spot currency markets and OTC markets in currency swaps and forwards.
Non-deliverable forwards market for Indian rupee: an empirical study by Guru, Anuradha / Indian Journal of Economics and Business
15bn in spot currency markets in October, according to the bank's November bulletin, its biggest one-month intervention since the RBA began keeping records in 1995.
RBA spends USD3bn defending Australian dollar by Global Banking News (GBN)
In creating the Rolling Spot product, the Chicago Mercantile Exchange has taken what it knows how to do best and applied it to what the spot currency market does best," says Nobel economics prize winner Merton H.
JUNE 15 LAUNCH FOR CME ROLLING SPOT CONTRACT -- FIRST PRODUCT TO LINK ... by PR Newswire
 
 
 
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