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What are some characteristics of the foreign exchange spot markets?
ChuckSiata
The spot market or cash market is a public financial market in which financial instruments or commodities are traded for immediate delivery. It contrasts with a futures market, in which delivery is due at a later date. In spot market, settlement happens in t+2 working days, i.e., delivery of cash and commodity must be done after two working days of the trade date. A spot market can be:
- an organized market;
- an exchange; or
- over-the-counter (OTC)
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∙ 8y ago
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What has the author Helmut W Mayer written?
Helmut W. Mayer has written: 'Official intervention in the exchange markets: stabilising or destabilising?' -- subject(s): Currency convertibility, Foreign exchange, International finance 'The anatomy of official exchange-rate intervention systems' -- subject(s): Currency convertibility, Foreign exchange, International finance 'Official intervention in the exchange markets' 'Some theoretical problems relating to the Euro-dollarmarket'
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