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Forex Trading What is a spot trader?
avatar Tamba2013
Question by: Tamba2013 - 30 Sep 2013, 07:46:10
What is a spot trader?
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Answers (3)
avatar user 3844
Answer by: Maya - 01 Dec 2014, 05:14:51

Spot trades are the opposite of futures contracts, which usually expire well before any physical delivery. Foreign-exchange contracts are the most common kinds of spot trades. If these kinds of contracts are not settled immediately, traders would expect to be compensated for the time value of their money for the duration of the delivery. Since these contracts are settled electronically, the forex market is essentially instantaneous.

avatar user 5667
Answer by: Henry - 12 May 2015, 04:03:24

The purchase of foreign currency for immediate delivery.

avatar user 6067
Answer by: Samanthar - 16 Jun 2015, 07:36:09

Immediate settlement or delivery of trade. Commonly used in the trading of foreign currencies and commodities.

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