Foreign exchange spot trading
- Foreign exchange spot trading
Foreign exchange spot trading is buying one currency with a different currency for immediate delivery, rather than for future delivery.
The standard settlement timeframe for Foreign Exchange Spot trades is T+2 days, i.e., 2 days from the date of trade execution. A Notable exception is the USD/CAD currency pair which settles T+1.
ee also
*Foreign exchange
*Foreign exchange trading
*Foreign exchange option
*Financial instruments
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