what is spot market and forward market
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The spot market is where financial instruments, such as commodities and securities, are traded for immediate delivery. ... In spot markets, spot trades are made with spot prices. This varies from a futures market, since a futures contract is a based on delivery of the underlying asset at a future date.
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Spot rate of exchange refers to the rate at which foreign currency is available on the spot. Not Quoted in Premium or Discount Here no specified reasons. Forward Market •A market in which foreign exchange is bought and sold for future delivery is known as Forward Market.
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