The price you can pay for a commodity or security right now. Hence the word "spot".
It is the current price at a particular place and time.
This often serves as the basis for pricing of futures contracts.
General:
Posted Using LeoFinance Beta
The price you can pay for a commodity or security right now. Hence the word "spot".
It is the current price at a particular place and time.
This often serves as the basis for pricing of futures contracts.
Posted Using LeoFinance Beta
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