| a market in which commodities, as grain, gold, or crude oil, are dealt in for cash and immediate delivery (distinguished from futures market ). |
spot market
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Spot Market
1. A commodities market in which goods are sold for cash and delivered immediately.
2. A futures transaction which will expire in one month or less.
Investopedia Commentary
Also called the cash market or physical market.
Related Links
Futures Fundamentals
Using Options Tools to Trade Foreign-Exchange Spot
See also: Commodity, Spot Commodity, Spot Month, Spot Price, Spot Trade