A market where financial instruments (eg, commodities, currencies, and securities) can be traded for immediate delivery (ie, exchange of cash). This is in contrast to a futures contract, which is based on the underlying asset delivery at a future date. Spot markets are contrasted with derivatives markets that trade in forwards, futures, or options contracts. Many spot market transactions take place on an exchange or over-the-counter (OTC). Spot markets are also referred to as “physical markets” or “cash markets.”
Spot Market
Market Terms
We don't know everything about the markets. We're just devoted to learning. Taken from those smarter than ourselves, here's how we define Spot Market.