Spot Transaction definition

Spot Transaction means a transaction for the sale and purchase of Spot Capacity between the Operator and a shipper. Standard Shipper Contract means the contract of that nature required to be made available on the Operator's website. State means the State of Western Australia.

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Spot Transaction means any Transaction that involves deliveries of product for a period of less than five days.

Spot Transaction means a contract conferring the obligation to buy or to sell a specified amount of a currency at a specified price within two

Examples of Spot Transaction in a sentence

• Payment into our account of the full amount required to settle the Spot Transaction must be initiated on the day the Transaction becomes legally binding.

• However, you may request us, to enter into an FX Spot Transaction with you in the same Available Currencies, in an amount equal to and having the same Value Date as the first transaction but in the opposite direction.

• You may not terminate an FX Spot Transaction (the “first transaction”) once we have accepted an Instruction from you to enter into an FX Spot Transaction with you.

• Service offered under a contract which, in the Operator's opinion acting reasonably, has a capacity reservation charge or an allocation reservation deposit or any material equivalent to such charge or deposit which is payable up front or from time to time in respect to the reservation of capacity under that contract for at least a reasonable time into the future (but at all times excluding a T1 Service, P1 Service, B1 Service, Aggregated Service, a Firm Service and Capacity under a Spot Transaction).

• Spot Transaction Any transaction that does not occur in the forward market and that is intended to be completed at the present market value and be settled on a current basis or within a few days (usually one, two, or three).

More Definitions of Spot Transaction

Spot Transaction means a transaction that settles via an actual delivery of the

Spot Transaction means exchange transaction effected by telegraphic transfer

Spot Transaction means a contract for the exchange of one currency against another, under the terms of which delivery is scheduled to be made within the longer of 2 trading days in respect of the Major Currencies, or where at least one currency is not a Major Currency, the longer of 2 trading days or the period generally accepted in the market for that currency pair as the standard delivery period (a contract will not be a Spot Transaction where, irrespective of the explicit terms, there is an understanding between the parties that delivery is to be postponed and not performed within the specified time period). For the purpose of the definition of “Spot Transaction”, “trading day” means any day of normal trading in the jurisdiction of both the currencies that are exchanged and in the jurisdiction of a third currency where the exchange of those currencies involves converting them through that third currency for the purposes of liquidity and the standard delivery period for the exchange of those currencies references the jurisdiction of that third currency.

Spot Transaction means a transaction where the value date is less than two working days after the order; and

Spot Transaction means purchase, sale, and exchange of foreign currencies with receipt or delivery of the foreign currencies within a specified time which shall not exceed 2 business days from the trade date.

Spot Transaction means a contract for the exchange of one currency against another, under the terms of which delivery is scheduled to be made within 2 Trading days (a contract will not be a Spot Transaction where, irrespective of the explicit

Spot Transaction means a Transaction for the purchase or sale of one Currency in exchange for another Currency for settlement less than two Business Days after the time that such Transaction is entered into.