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 ?
Moreover, the financial health of PSO is enough to scare away suppliers as recently Swiss supplier Gunvor withdrew from spot deal.
True, a simple forward purchase of euros will be enough to cover the exposure of the importer mentioned above -- but a forward deal is merely a spot deal whose rate has been adjusted to account for the two respective currency interest rates and the number of days to your chosen date.
But online advertising isn't as finite, which is why most digital deals have come in the form of extensions to the core 30-second spot deal.
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.
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.
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.
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.
An integrated map also enables users to spot deals that are nearest to their current location.