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 ?
Weakness in spot market pricing for air cargo, rail and especially trucking "is consistent with the negative Cass Shipments Index and strengthens our concerns about the economy and the risk of ongoing trade policy disputes," Cass said.
THE Philippine Stock Exchange (PSE) may operate the Wholesale Electricity Spot Market (WESM) if the current market operator fails to perform its duties, Energy Secretary Alfonso Cusi said recently.
DOE close to completing performance review of spot market operator !-- -- Danessa Rivera (The Philippine Star) - August 14, 2019 - 12:00am MANILA, Philippines Energy Secretary Alfonso Cusi expects to complete the review of the first year performance of the wholesale electricity spot market's independent market operator (IMO) next month.
The operator of the Wholesale Electricity Spot Market (WESM) has been directed to refund P1.774 billion to its trading participants; due to "miscalculation" in the net settlement surplus (NSS) allocations and settlements in the spot market.
(Meralco) customers would be enjoying another rate reduction, this time at 10.68 centavos per kilowatt-hour (kWh) thanks to lower costs from independent producers (IPPs) that offset higher prices at the spot market.
GasLog (GLOG) and GasLog Partners (GLOP) announced a decision to assume commercial control of their vessels currently operating in the LNG carrier spot market through The Cool Pool.
Oman is planning to have the first spot market for electricity in the region by 2020.
"We still intend to buy LNG only from spot market...
The rating and Outlook revision reflect BMU's financial performance, which improved significantly in fiscal 2018 (unaudited) as increased sales along with higher retail rates and spot market prices increased operating revenues by approximately 9%.
The electricity spot market in Oman could become a reality next year as the Oman Power and Water Procurement Co (OPWP) is working towards launching a pilot project in 2019.
The price surge has been driven by strong demand from China and spot market buying by Japanese utilities.
The reduction in various risks with the use of AMAs increases farmer welfare significantly Farmers who use AMAs are found to be more risk averse than those who rely on the spot market, and welfare increases for these risk-averse farmers when risks are reduced or eliminated.