- Spot Delivery Month
- Used in commodity trading, this is the nearest of the months currently being traded in which a commodity could be delivered.
For example, in the end of October, the spot delivery month would be November.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
current delivery month — The delivery month that typically identifies the futures contracts that expire within that month. Chicago Mercantile Exchange Glossary The most current calendar month in which a futures contract comes to maturity and becomes deliverable. Also… … Financial and business terms
nearby (delivery) month — The futures contract month closest to expiration. Also referred to as spot month. Chicago Board of Trade glossary … Financial and business terms
Delivery — The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract. The New York Times Financial Glossary * * * delivery de‧liv‧er‧y [dɪˈlɪvri] noun deliveries PLURALFORM 1. [countable, uncountable] the act … Financial and business terms
delivery — The transfer of the cash commodity from the seller of a futures contract to the buyer of a futures contract. Each futures exchange has specific procedures for delivery of a cash commodity. Some futures contracts, such as stock index contracts,… … Financial and business terms
spot month — The futures contract month closest to expiration. Also referred to as nearby delivery month. Chicago Board of Trade glossary The nearest delivery month on a futures contract. Bloomberg Financial Dictionary The contract month of a futures contract … Financial and business terms
Spot month — The nearest delivery month on a futures contract. The New York Times Financial Glossary * * * The nearest dated futures contract. ► See also Contract Month, Futures … Financial and business terms
Spot-future parity — (or spot futures parity) is a parity condition that should theoretically hold, or opportunities for arbitrage exist. Spot future parity is an application of the law of one price. In plain English, if I can purchase a good today for price S and… … Wikipedia
Spot Trade — The purchase or sale of a foreign currency or commodity for immediate delivery. Spot trades are settled on the spot , as opposed to at a set date in the future. Futures transactions that expire in the current month are also considered spot trades … Investment dictionary
Spot Market — 1. A commodities or securities market in which goods are sold for cash and delivered immediately. Contracts bought and sold on these markets are immediately effective. 2. A futures transaction for which commodities can be reasonably expected to… … Investment dictionary
spot month margin — One of the adjustments made by the SPAN margining system to the initial margin requirement. This increases the margin requirement for products on certain exchanges as delivery for that product draws near. This occurs in order to ensure that… … Financial and business terms