The spot rate is the current price quoted for immediate settlement of the contract. ... will pay the spot price to the seller and have orange juice delivered within two days.
The exchange rate for today for delivery within two days is known as the ...
transactions is usually the standard settlement date of two business days after the ... If both currencies are to be delivered, the parties also exchange bank information.
A spot foreign exchange rate is the rate of a foreign exchange contract for immediate delivery (usually within two days). The spot rate represents the price that a ...
on today's exchange rate, with the trade being settled within two business days,
The spot exchange rate is the current exchange rate, while the forward
Outright Forwards involving the exchange of two currencies at a rate agreed to on the date of the contract for value or delivery at some time in the future (more than one business day for USD-CAD transactions or more than two business days for all other transactions).
This allows firms to lock in the exchange rate today for receipts or payments in
A foreign currency option gives its owner the right, but not the
you to have the current exchange rate while delivering funds to a beneficiary at a future date.