spot transaction - Related Articles
Dangers of Corporate Derivative Transactions
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Spot Transaction
See: Forward Exchange Rate.
Standard Industrial Classification (SIC) system
The system established by the U.S. government for defining industries and classifying individual establishments by industry.
Spot transaction
A foregin exchange transaction in which each party promises to pay a certain amount of currency to the other on the same day or within one or two days.
Spot transactions close at the market price within two days, and the others are set to close at an agreed-upon price and an agreed-upon date in the future.
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The day when a spot transaction is typically settled, meaning when the funds involved in the transaction are transferred. The spot date is calculated from the horizon, which is the date when the transaction is initiated.
For spot transactions, it is normally on spot transactions two days after a transaction is agreed upon. In the case of a forward foreign exchange trade, it is the future date.
Normally it is on spot transactions two days after a transaction is agreed upon and the future date in the case of a forward foreign exchange trade. Value dating Refers to when value or credit is given for funds transferred between banks.
Eurodollar and foreign currency transactions: synonymous with Settlement Date or Delivery Date, which on spot transactions involving North American currencies (U.S. Dollar, Canadian dollar, and Mexican peso) is one business day and on spot ...
" Most stuff that consumers purchase are what we could call spot transactions. You give the store some money and go home with your purchase. Much buying and selling in financial markets is also of the spot transaction variety.
In the market for Eurodollar deposits and foreign exchange, the delivery date of funds traded. For spot transactions, it is normally on spot transactions two days after a transaction is agreed upon.
In the market for Eurodollar deposits and foreign exchange, value date refers to the delivery date of funds traded. Normally, for spot transactions, it is on spot transactions two days after a transaction is agreed upon.
In foreign exchange markets, spot transactions settle in two trading days. Corporate debt generally trades for on the third trading day following the trade date. This is called regular-way settlement.
In the case of a spot transaction, the value date is usually two days after the transaction has been agreed upon. In forward trade it corresponds to the future date indicated in the forward contract.
SPOT
Term which describes onetime open market case transaction,
where a commodity is purchased "on the spot" at current market
rates. Spot transactions are in contrast to term sales, which
specify a steady supply of product over a period of time.
Large-scale currency trading, with minimums of $1 million, is also considered foreign exchange and can be handled as spot price transactions, forward contract transactions, or swap contracts. Spot transactions are closed within two days, ...
The purchase and sale of a foreign currency, commodity, or other item for immediate delivery.
Spot transaction ...
not provide a perfect hedge since the average price on the receipts would be different then the rate that the option is exercised against, namely spot at maturity of the option. Average Rate options are cash settled necessitating a spot transaction ...
 See also: Value date, Eurodollar, Banks, Convertible security, Values
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