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spot market
The spot market or cash market is a public financial market in which financial instruments or commodities are traded for immediate delivery. It contrasts with a futures market, in which delivery is due at a later date. In spot market, settlement happens in t+2 working days, i.e., delivery of cash and commodity must be done after two working days of the trade date. A spot market can be:
* an organized market;
* an exchange; or
* over-the-counter (OTC)
Spot markets can operate wherever the infrastructure exists to conduct the transaction.
==Exchange==
Securities (i.e. financial instruments) and commodities are traded on an exchange using, making, and possibly changing the current market price.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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