SpotVerträgen

SpotVerträgen, also known as spot contracts, are agreements for the immediate delivery and payment of a commodity or financial instrument. The term "spot" signifies that the transaction is to be settled promptly, typically within one or two business days. This contrasts with forward or futures contracts, which involve delivery and payment at a specified future date.

In spot markets, prices are determined by current supply and demand dynamics. Buyers and sellers agree on a price for immediate exchange. This immediacy makes spot markets highly responsive to real-time market information and economic events. For example, the spot price of crude oil can fluctuate rapidly based on geopolitical news or changes in production levels.

Spot contracts are widely used in various markets, including foreign exchange, commodities like gold and oil, and even some financial securities. They are essential for businesses that need to acquire or sell goods or currencies without delay. For instance, an importer might use a spot contract to purchase foreign currency needed for an immediate payment.

The simplicity and speed of spot transactions are their key advantages. However, they also carry a higher risk of price volatility compared to longer-term contracts, as they are fully exposed to short-term market fluctuations. Participants in spot markets must be prepared for this immediate price risk.