Spot transaction refers to a transaction in which buyers and sellers deliver physical goods immediately or in a short time according to the agreed payment method and delivery method based on the demand for physical goods and the purpose of selling physical goods. In spot trading, with the transfer of commodity ownership, the exchange and circulation of commodity entities are completed at the same time. Therefore, spot trading is the direct embodiment of commodity operation.
Spot trading is a transaction between big banks, and it is also a transaction between big banks acting as agents for big customers. Within two working days at the latest after the transaction is concluded.
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