The immediate exchange of a financial instrument (such as a currency, Commodity, or Stock) for cash, with settlement typically within two business days; spot trades occur at the current market price (the “spot” price) for immediate delivery.
Example:
An investor purchases gold at the current market price for immediate settlement.
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The author and publisher disclaim any liability for decisions made based on the content of this article. Readers are advised to conduct their own research and consult a financial advisor before making investment decisions.
