Spot trade

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 ?
Spot trade amounted to 1,400 cargoes in 2018 which was close to 30 per cent of the global market compared to 25 per cent in 2017, Shell says.
Palladium settled in spot trade at $ 1360.50 an ounce, after touching a record high of $ 1434.50 on Jan.
Gold fell 0.4 percent in spot trade to $ 1218.86 after climbing nearly 2.5 percent yesterday, its biggest gain since June 2016.
China, India and Egypt drove the growth, with spot trade volumes reaching around 47 million metric tons in 2016.
The yield on the benchmark 10-year bond rose to 13.08 per cent in spot trade on Tuesday from 12.68 percent a day earlier.
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.
(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.