Foreign exchange spot
Foreign exchange spot
FX spot is an agreement to trade currencies at the current rate, or cash rate, through a broker Traders may make a profit or loss based on the difference
It is called spot trading because the transactions are settled “on the spot ” Furthermore, spot markets include sellers, buyers and order books Spot trading involves immediate delivery and settlement, whereas futures trading involves contracts for future delivery at a predetermined price
rajshree 20 shukra weekly lottery result today Foreign exchange spot A foreign exchange spot transaction, also known as FX spot, is an agreement between two parties to buy one currency against selling 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
