Spot and Forward Trading

Spot
Definition: Interchange of two modernities in a change been suitable upon for the delivery of the cash. The delivery of the cash is considered to be two days labor, with the exception of the Canadian dollar, that is a labor day.

Bid/Offer
The supplies and the supplies quote in terms of low modernity. 1 low unit is how many the units of other modernity

Forward Outright
An absolute forward is a single interchange of two modernities in a tariff predetermined for the future delivery. (Point + front points)

FX swap
A front foreign currency is an interchange of two modernities in a tariff predetermined for any date with exception of point delivery. A FX interchange is an agreement to make an initial interchange of modernities for the value of the point with a revocation of that interchange in a certain future date. It differentiates frankly from a forward in whom two deliveries happen. Comparable to borrow or to the loans

Premium/Discount
Premio/el discount is the differentials of the type of interest between two modernities