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 ?
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.
The survey looked at samples of fixed prices for LNG sold to power companies and gas utilities, and excluded spot deals linked to benchmark prices such as the Henry Hub index.
We may see spot deals and short-term increases in glass inputs in Q3 and Q4," said Lee.
deals were recently conducted at $430-460/ton ($460/ton was announced by Canpotex for its spot deals in Southeast Asia and
Britain has become the focal point of the global LNG market, with UK gas futures acting as a benchmark for LNG spot deals.
The figure for Asia did not stem from spot deals raising temporary demand," Nakamura told the press.
Spot Deals, Forward Contracts and Limit Orders are just some of the many tools a foreign exchange specialist will provide that a bank does not.
There are also spot deals of leading brands, but they're getting less and less month by month because the market is getting so tight.
Are spot deals preferable or should you be looking for the certainty which long term agreements can bring?
Spot deals tend to be less price-sensitive than long-term deals, depending more on factors such as availability, proximity to user and access to tankers.