spot market


Also found in: Thesaurus, Financial, Idioms, Wikipedia.
Related to spot market: forward market

spot market

n
(Economics) commerce a market in which commodities, currencies, or securities are traded for immediate delivery. Compare forward market
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.spot market - a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future
commodities exchange, commodities market, commodity exchange - an exchange for buying and selling commodities for future delivery
References in periodicals archive ?
The agency has issued Department Circular DC2018-01-0002, titled "Adopting Policies for the Effective and Efficient Transition to the IMO" for the wholesale electricity spot market (WESM).
Cusi is finally making good the promise of this administration to finally transform the operations of the Wholesale Electricity Spot Market (WESM) into one that is managed by an independent market operator or IMO.
17 per cent to Rs 1,660 per kg in futures trading as speculators engaged in enlarging their positions, tracking a firm trend in spot market on strong demand.
85 centavos less per kilowatt-hour in the December billing period, thanks to a stronger peso and lower spot market prices.
To enhance the power of choice for the consumers, and ensure quality, reliable, secure and affordable electricity, the Department of Energy (DOE) will launch the Wholesale Electricity Spot Market (WESM) in the region some time in June 2017.
Oman Power and Water Procurement Co (OPWP) expects to launch its electricity spot market in 2018.
Muscat: Oman plans to introduce a spot market for electricity in an apparent move to enhance efficiency within the sector.
State-owned Abu Dhabi National Oil Co (Adnoc) will likely skip term diesel exports in 2014, a second consecutive year, and could instead make offers in the spot market as domestic demand takes up most of the available supply, industry sources said.
It has long-term sales and production agreements (SPAs) with Qatar for a total of 12 million tons per year (t/y) and in 2011 purchased a further 4 million tons of Qatari LNG on the spot market.
Korea launched its first online spot market for oil products on March 30 in a bid to tame soaring fuel prices.
Summary: Energy and Mines Minister Chakib Khelil said Tuesday that the current natural gas price, sold at four dollars in the spot market, was "not sustainable" for producers, and that Algeria would make a proposal to cut output.
In the early 1990s, nearly 90% of hogs were purchased in the spot market through auctions, dealers or directly by packers.