Category Archives: Forex Glossary

The current price in the spot market.

Any party to a forex trade who is not an eligible contract participant as defined under the Commodity Exchange Act. This includes individuals with assets of less than $10 million and most small businesses.

A market, where trades are conducted with instant execution. Also note, that in the spot market the proprietary rights are transferred from the seller to the buyer at the moment of making a deal, and the final settlements may take up to two working days.

Money spent for products and services meant for individual consumption.