spot trade

Definition

Immediate settlement or delivery of trade. Commonly used in the trading of foreign currencies and commodities, a spot trade happens immediately.

Use spot trade in a sentence

The spot trade was finally done and everything was going as planned, which was really cool to see and work with.

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You should always make sure you have done your research and are getting a fair price when thinking about a spot trade.

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The spot trade with London happened so quickly it surprised the traders, trades with foreign companies does not usually yield instant results,as this spot trade did.

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