Spot trading generally refers to spot foreign exchange trading, which refers to the form of foreign exchange trading in which buyers and sellers handle delivery on the day or the second business day after the transaction is completed. It is the most common transaction form in the international foreign exchange market, and its basic function is to complete currency exchange.

The function of spot transaction is to meet the temporary payment demand and realize the international transfer of currency purchasing power; Maintain the balance of foreign exchange position through spot foreign exchange trading/adjustment/diversification/foreign exchange position ratio to avoid the risk of economic fluctuation; Make use of the cooperation between spot foreign exchange trading and forward trading to speculate on foreign exchange and seek speculative profits.

spot goods

With the emergence of the Internet, the world has gradually become a global village, and spot electronic transactions based on informationization have stepped onto the stage of the new economy. Spot electronic trading (also known as electronic trading of bulk commodities, or trading of spot warehouse receipts) is a trading mode in which spot warehouse receipts are the subject matter of trading, centralized bidding and trading are carried out through computer networks, unified matching and payment are carried out, and price quotations are displayed in real time.

Its essence is the e-commerce of spot goods. The Standard for Electronic Trading of Bulk Commodities clearly defines bulk commodities: material commodities that can enter the circulation field, but are not retail links, have commodity attributes and are used for industrial and agricultural production and consumption.

Spot warehouse receipt is a kind of certificate representing the ownership of goods issued by the market to the owner after the goods are delivered to the designated warehouse. After the spot warehouse receipt is registered in the trading market, it can enter the trading system of the spot trading market through the Internet for trading. Spot warehouse receipts can be freely transferred, traded or delivered in kind in the market. Spot trading is actually a standardized warehouse receipt transaction.

Spot trading is based on the network as a tool and e-commerce mode. Buyers and sellers don't meet, the electronic trading market is the trading platform, and the national government is the referee. It is a win-win model combining online and offline, reality and virtual, traditional economy and network economy, which fully solves many problems in spot commodity trading, such as living source, customer source, online settlement, logistics and distribution.

Traditional spot trading is of little investment value to ordinary investors because of the limitations of geographical location, commodity quality, investors' financial resources and professional level. Because the spot electronic trading market trades standardized electronic trading contracts, the quality of goods is guaranteed; Electronic transactions, no geographical restrictions; Margin trading requires less investment, so it is easy for ordinary investors to get involved and get economic benefits.