Spot trade

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Spot trade

The purchase and sale of a foreign currency, commodity, or other item for immediate delivery.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Some are the key players that are considered in the coverage list of this study are Virtu Financial, DRW Trading, Optiver, Tower Research Capital, Flow Traders, Hudson River Trading, Jump Trading, RSJ Algorithmic Trading, Spot Trading, Sun Trading, Tradebot Systems, IMC, Quantlab Financial & Teza Technologies.
It could be culled though that when the idea of entrusting the WESM's operations to the PSE was first brought up, the operator of the country's stock market had been questioned on its technical capacity to run a more technically complex spot trading activity like in the power sector.
OKEx is a world-leading digital asset exchange headquartered in Malta, offering comprehensive digital asset trading services including fiat-to-token trading, spot trading, futures trading, and perpetual swap trading to traders globally with blockchain technology.
The investigation revealed that some individual traders in charge of foreign exchange spot trading for currencies on behalf of their associated banks exchanged sensitive information and trading plans.
The European Commission said that the banks' employees who were in charge of spot trading in 11 currencies, often exchanged sensitive information and trading plans.
Foreign exchange spot trading activities are one of the largest markets in the world, worth billions of euros every day.
 "Foreign exchange spot trading activities are one of the largest markets in the world, worth billions of euros every day," noted Vestager in a press release and added that the unsavory behavior of some banks "undermined the integrity of the sector" at the cost of the European economy and European consumers.
EU Commissioner Margrethe Vestager, in charge of competition policy commented that "foreign exchange spot trading activities are one of the largest markets in the world, worth billions of euros every day." "The Commission will not tolerate collusive behaviour in any sector of the financial markets.
Earlier, Transgaz and SOCAR signed a memorandum of understanding (MOU) that envisages strengthening cooperation in the gas transportation, studying opportunities to use Romania's potential in the gas transit and distribution at the expense of gas supplies from Azerbaijan, the Caspian region and other promising directions, jointly studying the possibilities of cooperation in the supply and trading of natural gas and LNG in the Romanian market on the basis of long-term contracts and spot trading as part of the AGRI (Azerbaijan-Georgia-Romania Interconnector) project.
The refinery expansion and resulting production increase may prompt Bapco to focus more on spot trading, but the company is unlikely to establish its own trading joint venture like other national oil companies in the Middle East, he added.
The recent signing of the memorandum of understanding between the Bangko Sentral ng Pilipinas and some of the country's biggest banks for the establishment of a Philippine peso-Chinese yuan (or renminbi) spot trading market is proof of China's financial clout in the Asian region.