Spot FX definition

Spot FX means the spot BRL/USD foreign exchange rate on the relevant date as determined by the Determination Agent.
Spot FX means an agreement between two (2) parties to buy one (1) currency while selling another currency at an agreed price for settlement on the spot date (i.e. within a period of 0 – 5 business days). FMDQ Exchange rate at which the transaction is executed is referred to as the spot exchange rate.
Spot FX means the price that a currency pair is quoted at, for an immediate ‘on the spot’ transaction.

Examples of Spot FX in a sentence

  • Third, as discussed above, the reference used for the Spot FX Rate is very reliable and widely available, and used by numerous market participants.

  • Date, agreed by counterparties, on which the difference between the Spot FX Rate and the Contract Rate is calculated.

  • The last trading day is the Valuation Date, when the difference between the prevailing Spot FX Rate and the agreed upon Contract Rate is calculated.

  • They will calculate the difference between the NDF Contract Price or Rate andthe Spot FX Price or Rate and multiply that difference by the notional amount, to arrive at the cash settlement price.

  • Second, as noted above, the method for calculating the cash settlement price – calculating the difference between the Spot FX Rate and the Contract Rate – is widely used and generally accepted by market participants.

  • On the Valuation Date, the parties will agree on the Spot FX Rate, which will be expressed as Reference Currency per unit of Settlement Currency.

  • The Spot FX Rate is determined on the Valuation Date by reference to the relevant EMTA Template for the applicable non-deliverable currency, or the WM/Reuters Closing Spot Rate for deliverable currencies, expressed in USD.

  • A Spot FX Product is an OTC agreement to exchange an amount in one currency for an amount in another currency at an Exchange Rate agreed on the day of the trade.

  • Spot FX contract are not financial instruments under MiFID II/MiFIR.

  • A foreign exchange spot transaction (Spot FX) is where a party agrees to buy one currency in exchange for another currency at an agreed price for settlement on the spot date.


More Definitions of Spot FX

Spot FX means a foreign exchange contract whose rate is agreed on today for the exchange of two currencies two (2) Business Days from the date it is entered.
Spot FX means a product group where a Deliverable Currency is offered for another Deliverable Currency; Spot XBT means a product group where Bitcoin is offered for a Deliverable Currency; Target Company means a company which is fully or partly owned by a Private Term means the period of time during which you/yourselves, on the basis of the sole discretion of BlockSettle, have been accepted as a Participant and is bound by this Agreement; Terminal means the BlockSettle Terminal; Trading Participant means a BlockSettle accepted user of the Service who (i)

Related to Spot FX

  • Spot film means a radiograph which is made during a fluoroscopic examination to permanently record conditions which exist during that fluoroscopic procedure.

  • Spot Rate for a currency means the rate determined by the Administrative Agent to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date of such determination; provided that the Administrative Agent may obtain such spot rate from another financial institution designated by the Administrative Agent if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency.

  • Spot network means a type of electric distribution system that uses two or more inter-tied transformers to supply an electrical network circuit. A spot network is generally used to supply power to a single customer or a small group of customers. Spot network has the same meaning as the term "spot network" defined in Section 4.1.4 of IEEE Standard 1547.

  • Spot remover means any product labeled to clean localized areas, or remove localized spots or stains on cloth or fabric such as drapes, carpets, upholstery, and clothing, that does not require subsequent laundering to achieve stain removal. Spot remover does not include dry cleaning fluid, laundry pre-wash, or multi-purpose solvent.

  • 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 Exchange Rate has the meaning specified in the related Terms Document.

  • Revaluation Date means each of the following: (i) each date of a Borrowing of a Eurocurrency Rate Loan denominated in an Alternative Currency, (ii) each date of a continuation of a Eurocurrency Rate Loan denominated in an Alternative Currency pursuant to Section 2.2, (iii) each date of a Borrowing of a Tranche C Loan, (iv) each date of a continuation of a Tranche C Loan pursuant to Section 2.2, and (v) such additional dates as the Administrative Agent shall determine or the Required Lenders shall request.

  • Open burning means the combustion of any material without the following characteristics:

  • Distributor branch means a branch office similarly maintained by a distributor for the same purposes a factory branch is maintained.

  • Unladen mass means the mass of any motor vehicle or trailer as recorded in a licence or certificate issued in respect of such motor vehicle or trailer by any authority empowered by law to issue licences in respect of motor vehicles;

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • TFEU means the Treaty on the Functioning of the European Union;

  • Sewage sludge fee weight means the weight of sewage sludge, in dry U.S. tons, excluding admixtures such as liming materials or bulking agents. Annual sewage sludge fees, as per section 3745.11(Y) of the Ohio Revised Code, are based on the reported sludge fee weight for the most recent calendar year.

  • Sewage sludge weight means the weight of sewage sludge, in dry U.S. tons, including admixtures such as liming materials or bulking agents. Monitoring frequencies for sewage sludge parameters are based on the reported sludge weight generated in a calendar year (use the most recent calendar year data when the NPDES permit is up for renewal).