Home » Glossary Item » Spot date

Spot date

Posted by Svetlana Tokunova
Comments Off on Spot date

Spot date is the normal settlement date for a transaction done today. This kind of transaction is referred to as a spot transaction or simply spot. The spot date may be different for different types of financial transactions. A transaction which has settlement date after the spot date is called a forward contract or just forward.

« Back to Glossary Index
Make the first comment


The comments are closed.