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spot exchange

[/spɑːt ɪkˈstʃeɪndʒ/]
nounpl: spot exchanges
câmbio à vista
1. A foreign exchange transaction in which currencies are exchanged for immediate delivery, typically within two business days
The trader executed a spot exchange to convert USD to EUR at the current market rate.
O operador executou um câmbio à vista para converter USD em EUR à taxa de mercado atual.
2. The market or transaction involving the exchange of currencies for prompt settlement
Spot exchange rates fluctuate throughout the trading day.
As taxas de câmbio à vista flutuam ao longo do dia de negociação.
Synonyms
spot marketcash marketimmediate exchange
Antonyms
forward exchangefutures exchange

Regional Variations

General Brazilian
câmbio à vista
Standard term used in financial markets and banking
Portugal
câmbio à vista
Same terminology used in Portuguese banking and finance
General Brazilian
mercado spot
Alternative term, particularly in financial discussions

Related Idioms & Phrases

on the spot (immediate, at the moment)
spot rate (the price quoted for immediate delivery)
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