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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Main Market Index (MMI) dropped 2.09 points to the level of 4,823.3 points, by 0.11 percent, through a share volume amounting to 121.3 million stocks, done in 3,046 spot deals, valued at KD 4.4 million (USD 14.9 million).
With bulk shipping employment now heavily dependent on spot deals, publicly listed owners in these segments have spent the past decade reducing their financial leverage.
This totals to confirm spot deals in excess of INR 25 Crores.
It added that the volume of shares traded under umbrella of the benchmark amounted to 178.9 million, done in 5,842 spot deals, valued at KD 29.2 million (USD 96.36 million.
Individual spot deals for shipping LNG have been heard as high as $200,000 a day in Asia, one broker said.
As such, the long-term supply contracts with destination clauses that have been the bread and butter of the LNG market since the first major shipment from Algeria to the UK in 1964 are diversifying into shorter term spot deals.
But Qatar has shown the flexibility to adapt to fast-changing market dynamics defined by the buyers' preference for short-term contracts and spot deals. With its location advantage, Qatar is also exploring new geographies beyond the traditional markets where it has had long-term contracts.
An integrated map also enables users to spot deals that are nearest to their current location.
The world has three major markets where the price of natural gas is determined: NYMEX for futures and Henry Hub for spot deals in the US, the EU, and the Asia/Pacific region.
Titled "Threats," the 30-second spot deals less harshly with Rubio than the Keep the Promise I ad does, showing an image of him for a few seconds while a narrator laments how the federal government has failed to keep the country safe.
The Platts Japan Korea Marker averaged at $7.466/m BTUs in November, reflecting spot deals done for December- and January-delivery cargoes to Japan and South Korea.