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imagine_raza



Posts : 99
Join date : 2010-07-18

PostSubject: Financial instruments   Mon Jul 19, 2010 8:17 pm


Spot

A spot transaction is a two-day delivery transaction (except in the case of trades between the US Dollar, Canadian Dollar, Turkish Lira and Russian Ruble, which settle the next business day), as opposed to the futures contracts, which are usually three months. This trade represents a “direct exchange” between two currencies, has the shortest time frame, involves cash rather than a contract; and interest is not included in the agreed-upon transaction.
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sadiaali



Posts : 109
Join date : 2012-01-17
Location : Karachi,Pakistan

PostSubject: Re: Financial instruments   Tue Jan 31, 2012 3:00 am

tell me what's the spot transaction how it's work??????
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