- Spot market
The spot market or cash market is a
commoditiesor securities marketin which goods are sold for cashand delivered immediately. Contracts bought and sold on these markets are immediately effective. Spot markets can operate wherever the infrastructureexists to conduct the transaction. The spot market for most securities exists primarily on the Internet.
foreign exchange markethas a 2 day delivery date, originally due to the time it would take to move cash from one bank to another.
energy marketallows producers of surplus energy to instantly locate available buyers for this energy, negotiate prices within milliseconds and deliver actual energy to the customer just a few minutes later. Spot markets can be either privately operated or controlled by industry organizations or government agencies. They frequently attract speculators, since spot market prices are known to the public almost as soon as deals are transacted. Examples of energy spot markets for natural gasin Europe are the Title Transfer Facility(TTF) in the Netherlandsand the National Balancing Point (NBP) in the United Kingdom.
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spot market — Market for the purchase or sale of financial instruments, commodities, or other assets for cash settlement and immediate, as opposed to future, delivery. Also called the cash market. American Banker Glossary The market in which cash transactions… … Financial and business terms
spot market — USA A commodities or securities market in which goods are sold under a purchase order or contract at the price prevailing at the time of the sale and delivered immediately. The purchaser is not obligated to acquire any additional goods or… … Law dictionary
Spot Market — 1. A commodities or securities market in which goods are sold for cash and delivered immediately. Contracts bought and sold on these markets are immediately effective. 2. A futures transaction for which commodities can be reasonably expected to… … Investment dictionary
spot market — noun a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future • Hypernyms: ↑commodity exchange, ↑commodities exchange, ↑commodities market * * * a market in which commodities, as grain, gold, or… … Useful english dictionary
spot market — n. the open market where deals are made on the spot. (Securities markets.) □ Oil reached nearly twenty five dollars a barrel on the spot market. □ Gold prices on the spot market finally reached $600 per ounce and then promptly collapsed … Dictionary of American slang and colloquial expressions
spot market — noun A market in which commodities are bought and sold for immediate delivery. Delivery usually takes place in the same or next business day. The price on the futures market depends in part on the price on the spot market. See Also: on the spot … Wiktionary
spot market — /ˈspɒt makət/ (say spot mahkuht) noun a market, especially the foreign exchange market, in which settlement is immediate. Also, cash market, physical market … Australian English dictionary
spot market — / spɒt ˌmɑ:kɪt/ noun the market for buying oil for immediate delivery ▪▪▪ ‘…with most of the world’s oil now traded on spot markets, Opec’s official prices are much less significant than they once were’ [Economist] … Marketing dictionary in english
spot market — / spɒt ˌmɑ:kɪt/ noun the market for buying oil for immediate delivery ▪▪▪ ‘…with most of the world’s oil now traded on spot markets, Opec’s official prices are much less significant than they once were’ [Economist] … Dictionary of banking and finance
spot market — a market in which commodities, as grain, gold, or crude oil, are dealt in for cash and immediate delivery (distinguished from futures market). [1935 40] * * * … Universalium