spot market


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Related to spot market: forward market

spot market

n. the open market where deals are made on the spot. (Securities markets.) Oil reached nearly fifty-five dollars a barrel on the spot market.
See also: market, spot
References in periodicals archive ?
Meanwhile, PEMC shall remain as the governing body of the spot market with its board of directors composed of participant representatives and independent members.
At this phase, the prevailing market operator noted that "the IMO will be incorporated as a non-profit entity which is independent of the government and industry participants," while PEMC "shall remain as the governing body of the spot market with board of directors composed of participant-representatives and independent members.
Currently, Meralco gets 44 percent of its supply through PSAs, 44 percent from IPPs, and 12 percent from the spot market.
They have also conducted an orientation to the stakeholders for the transition arrangement since the latter need to be fully equipped before they can be part of the spot market.
Under the new rules, power producers would be allowed to sell spare capacity on the spot market and receive prices determined on a day-to-day basis in accordance with specified market rules, the statement added.
Adnoc will likely continue to offer 10 ppm sulphur diesel in the spot market for next year, with the cargoes now fully meeting European specifications, the source added.
In 2011, there was a rapid increase in the amount of Qatari LNG exports sold on the spot market to around 28 percent of production, up from 9 percent in 2010.
In addition to carcass merit buying, the move to larger and leaner hogs is closely linked to the use of marketing contracts that more precisely send signals of preferred traits from consumers to producers than do spot market transactions (Martinez and Zering, 2004).
The movements of the prices of spot market have been hugely influenced by the speculation, hedging and arbitrage activity of futures markets.
Nozari said Iran's spot market sales have been running at 10 percent to 12 percent of the country's exports, which would amount to 250,000 to 300,000 barrels a day.
But the spot market price for this grade this week has been slightly lower than that.
While the spot market has calmed somewhat, settling near $1.
A good time to be buying on the spot market was one trader's description of the bacon markets this week.
Ultimately, the widgets would be sold in the spot market in December, when the widget futures contract would be liquidated.
But it's true that a sort of blind faith in markets--academic blind faith in the spot market, to be more precise--helped turn the lights out in California.