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 ?
Since then, Sonatrach has been turning down spot deal offers on the UK market at more than $8/m BTUs despite holding rights to LNG import capacity at Britain's Isle of Grain re-gasification terminal.
PKN ORLEN) has announced that it has entered a spot deal with Mercuria Energy Trading S.
In October 2002, OLNG signed a spot deal to supply Tokyo Electric Power Co.
There will be the odd spot deal here or there but by and large Corus in the UK is going to be about supplying a domestic market.
Third Quarter Revenues Up Over 400 Percent from Q3 2010; Branding Spot Deal Completed
According to DoE, the authorisation allows Sempra to export up to 250 BCF on in a short term or spot deal from Cameron LNG on a cumulative basis over a two-year period starting on Feb.
The first shipment of LNG left Ras Laffan on June 23 to Lake Charles terminal in Louisiana under a spot deal with CMS Energy which later took other spot cargos from RasGas.
The Shell-led Oman LNG has been negotiating a spot deal for between 250,000 and 500,000 tons for winter deliveries to the US, with one or two shipments likely to go to Spain and North-West Europe (NEW).
The spot deal with Chubu was under a special arrangement worked out with Tepco.
Also acting as a trader, this unit buys all types of petroleum being produced in Qatar, except LNG which is marketed by QP's JVs with IOCs, and sells them mostly on term basis and partly in spot deals.
The METI survey looks at samples of fixed prices for LNG sold to power companies and utilities among others, and excludes spot deals linked to benchmark prices such as the US natural gas Henry Hub index.
The survey looked at samples of fixed prices for LNG sold to power and gas utilities, and excluded spot deals linked to benchmark prices such as the Henry Hub index.