What is a Spot Trade? Forex Glossary -

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

Foreign exchange spot deal refers to the trade where both parties transact at the spot exchange rate of the day on the foreign exchange market, and settle the

spotytrade Delivery here means cash exchange for a financial tool In a spot market, settlement normally happens in T+2 working days, , delivery of cash and commodity

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