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Foreign exchange spot : ウィキペディア英語版 | Foreign exchange spot
A foreign exchange spot transaction, also known as FX spot, is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date. The exchange rate at which the transaction is done is called the spot exchange rate. As of 2010, the average daily turnover of global FX spot transactions reached nearly 1.5 trillion USD, counting 37.4% of all foreign exchange transactions.〔 FX spot transactions increased by 38% to 2.0 trillion USD from April 2010 to April 2013.〔 == Settlement date ==
The standard settlement timeframe for foreign exchange spot transactions is ''T'' + 2 days; i.e., two business days from the trade date. Notable exceptions are USD/CAD, USD/TRY, USD/PHP, USD/RUB, USD/KZT and USD/PKR currency pairs, which settles at ''T'' + 1.
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