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Spot Rate

What Is the Spot Rate? The spot rate is the price quoted for immediate settlement on an interest…
Clyde H. Foy

Spot Market

What Is a Spot Market? The spot market is where financial instruments, such as commodities, currencies, and securities, are…
Clyde H. Foy


What Is Clearing? Clearing is the procedure by which financial trades settle; that is, the correct and timely…
Clyde H. Foy


What is a Counterparty? A counterparty is the other party that participates in a financial transaction, and every…
Clyde H. Foy