Glossary › spot forex
Trading glossary · markets
spot forex
Buying and selling one country's money for another's straight away, around the clock on weekdays.
The fuller meaning
The forex market for immediate exchange of currencies, traded over a global network rather than a central exchange, so charts usually show tick volume. It trades around the clock from Monday Sydney time to Friday New York time and can gap over the weekend.
spot forex.
Related words
24/7 market · after-hours · Asian session · ask · base currency · bid · bid-ask spread · Bitcoin · BSE · business income