An agreement to buy or sell an asset today, not in the future. That means the underlying (such as a currency, security, commodity, etc) will be delivered immediately at current market prices (spot prices). A spot contract can be contrasted with a forward contract which is, by definition, an agreement to trade an asset at a future date, with the terms and conditions being defined today.
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41
Comments