The delivery date must be the common business day of both currencies, and the delivery date must be the common business day of both currencies, at least the business day of the market of the place of payment. At least it should be the business day of the market where the payment is made.
Transactions must follow the principle of value compensation, that is, a transaction must follow the principle of value compensation. Both parties to a foreign exchange transaction contract must make delivery at the same time to avoid losses caused by different deliveries. Avoid any loss caused by different delivery.
Extended data:
Benefits of spot foreign exchange trading:
1. By changing the investment portfolio, help customers adjust the currency structure of foreign currencies and share foreign exchange risks.
2. By selling spot foreign exchange transactions, customers can convert one foreign currency into another to meet the needs of foreign exchange settlement, bidding or repayment of foreign exchange loans in import and export trade.
Spot foreign exchange trading is also an important tool for foreign exchange speculation. This kind of speculation can bring huge profits to investors if it is done well, and it will cause huge losses if it is not done well. Therefore, investors must be clear about their personal abilities when conducting spot foreign exchange transactions.
Baidu encyclopedia-spot foreign exchange trading