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Random article: Forex spot gold trading
There is a common misrepresentation that Forex market solely implies currency trading. But along with currency pairs, you can benefit from spot gold trading. Gold has been widely used on markets for a very long time and have not lost its value. First of all, spot gold trading is valuable, because there are not abrupt changes of price. New York and London exchanges are the leading platforms for trading with gold. At the same time, on Forex currency market you can trade spot gold without geographical limitations.
The market where spot (ie as per current rate) operations take place is called spot market. Operations of spot type are exactly those operations, which are the most popular on the Forex market. Quotes, which many people accustomed to in the window of trading terminal are called spot rate. It is accepted that settlement date for current conversion operations is the second business day after transaction is made. But it is only related to serious financial bodies. For common traders working on the Forex market via the Internet all current data is rendered in the terminal, trades are made within split seconds, therefore such criteria as settlement date cannot be accounted here. Also it is noteworthy that as compared with all other conversion operations, spot operations bear the highest risk. Forward conversion operations include forwards, futures, options and swaps. Listed instruments are also called derivatives. They were made in order to mitigate risks caused by unfavorable change of currency rate in the future.
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