Spot Market definition

Spot Market means any commodity market in which commodities are sold for cash and promptly delivered when the transaction is settled, as well as other non financial markets, such as forward markets for commodities.

Spot Market means the global spot foreign exchange market, open continuously from 5:00 a.m., Sydney time, on a Monday in any week to 5:00 p.m., New York City time, on the Friday of that week.

Spot Market means any commodity market in which commodities are sold for cash and promptly delivered when the transaction is settled.

Examples of Spot Market in a sentence

• Bid prices shall be firm except that price revisions will be permitted in accordance with the following procedure: Revisions to the original Contract price shall be based on prices published in the OIL PRICE INFORMATION SERVICE (OPIS) under the heading In Cash Markets, weekly average Spot report under “N.Y. Harbor Spot Barge Weekly Average” and Ethanol Spot Market Prices (New York).

• Unless specified otherwise, the following provisions apply to both Fixed Price Transactions and Spot Market Transactions.

• For the avoidance of doubt, if Department is providing Fuel from Department’s own Fuel purchases or if Seller is providing Fuel on the Spot Market pursuant to Section 2.05(c), such provisions must be consistent with, and are limited by, the terms of any Extended-Term Obligations that the Parties have specifically approved in a separate letter agreement of approval.

• With respect to each Spot Market Transaction, to the extent that the FMEA differs from the PMEA, the Company shall pay or charge the DS Supplier for the PMEA/FMEA Adjustment Amount within the PJM deadline for conducting the final settlement.

• With respect to each Spot Market Transaction, for each Billing Month, the Company will prepare a Statement of amounts due to the DS Supplier.

More Definitions of Spot Market

Spot Market means a commodity market in which commodities are sold for cash and promptly delivered when the transaction is settled, and other non-financial markets, such as forward markets for commodities;

Spot Market means a market for the sale by persons Generating electricity of electricity to, and the purchase of that electricity by, the PWP to be established by arrangements approved by the Authority and being developed by the PWP under the supervision of the Authority;

Spot Market means the competitive purchase and sale of short-term (30 Days or less) gas supplies available and traded at those certain delivery points on the gas pipeline system having sufficient trading volume to establish daily and monthly price discovery.

Spot Market means a market where physical delivery of electricity occurs either on the same day as the date of the transaction (T) or on the next day (T+ 1);

Spot Market means the global spot foreign exchange market, which shall be treated as being open continuously from 5.00 a.m. Sydney time on a Monday in any week to 5.00 p.m. New York time on the Friday of that week; and

Spot Market means the Day Ahead or Real Time Energy Markets administered by the Regional Transmission Organization or any other over-the-counter Energy market in which the transaction date of the Energy purchase is within thirty calendar days of the last day of the delivery period specified for the purchase.

Spot Market refers to the global spot foreign exchange market, which is open from 5:00 AM, Monday (Sydney Time) to 5:00PM, Friday (New York Time) of each week.