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.
References in periodicals archive ?
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.
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.
The application will give institutional brokers and their customers the ability to directly access and analyze data from more than 40 exchanges and ECNs, as well as global spot currency markets.