May 3, 2021
Estimated reading time: < 1 min
In trading, spot refers to the price of an asset for immediate delivery or the value of an asset at any exact given time.
It differs from an asset’s futures price, which is the price for delivery at some date in the future, or its expected price.
Any asset that can be traded as a future can be quoted as a spot price.
Forex trades can use spot prices, as deliveries of currency usually take place 48 hours after a trade has executed.
If this article seems useful to your then please click the like button below. You can also share your valuable feedback or ask questions in the below comment section. Also, subscribe to our newsletter for trading-related updates.
Views: 13
