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Tagged: Spot Market
Its the market where the settlement is done on the same day of the dealing. The buyer gets the assets and the seller gets the cash immediately after the dealing.
In a spot market,the deal and settlement take place on the same business day.The deal has to be settled by both the parties before the end of the business day ie 3:30 pm.
In a spot market,the deal and settlement take place on the same business day.The deal has to be settled by both the parties physically.
The settlement has to be done at the end of the day once the deal is done the buyer get the assets and seller gets money.
Spot market or cash market is when the settelment for the delivery is done 2 days after the trade date.
Whereas in a futures market the delivery is done in a later date.
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