Spot trade

Spot trade

The purchase and sale of a foreign currency, commodity, or other item for immediate delivery.

Spot Trade

A trade on any commodity or contract for immediate delivery. The most common spot trade is a trade on a foreign exchange contract. If one is trading a physical commodity, the buyer receives delivery of the underlying goods and compensates the seller immediately. If a spot trade is not settled immediately, the counterparty responsible is expected to compensate the other. Spot trades contrast with futures trades.
References in periodicals archive ?
The primary markers for spot trade are the National Balancing Point (NBP) at Bacton (the UK) and the Title Transfer Facility (TTF) in the Netherlands.
Japan and the CME Group last year also said they would join forces to develop a Japan-based LNG contract to help break the decades-long reliance on oil-link pricing, foster spot trade and establish a benchmark answerable to regional fundamentals.
Now, through the newly launched smartphone support, clients can log-in to their personalized webpage wherever they may be to get market quotes, make changes to their savings plans, spot trade and check their account balances.
VILNIUS - The Nordic power exchange Nord Pool Spot trade zone opened for business in Lithuania on June 18, reports ELTA.
TAITRA staffers noted that buyers from developed countries contributed around 50% to the total spot trade at the show this year, indicating that Taiwan-made sporting and fitness equipment has been increasingly sought-after in these markets, while TaiSPO has been globally deemed as one of major sourcing platforms in the world.
The company is to resume operations following the suspension of spot trade in January after hackers stole permits worth tens of millions of euros from national registries in several European Union countries.
Rising LNG output from countries such as Australia may fall short of an estimated demand of 40 million tonnes from China and India by 2016, creating opportunities for spot trade between producers in the Middle East and Asia, analysts say.
ADPnews) - Nov 4, 2009 - Austrian oil and gas group OMV AG (WBAG:OMV) said today the spot trade on the planned central European gas exchange will start on December 11.
said Friday that it became the first company in the world to sell its carbon credits in a small-lot spot trade as provided for by the Kyoto Protocol.
This year booming Asian demand has spurred on the steady growth in spot trade seen over the past decade and record spot prices have had knock-on effects on other markets.
Any price advantage on French legs for gammons has been wiped out, leaving the Christmas gammon spot trade in turmoil.
Spot trade balance, as indicated in equation (4), depends on the current terms of trade, ([e.