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What is a foreign exchange spot transaction?
A foreign exchange spot, also called a “spot”, consists of exchanging two currencies at a negotiated rate within two days of trading. This date is called the “spot” date.
Related questions
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Can I place foreign exchange contracts for any term? Contact your foreign exchange trader to learn the maximum term you can place foreign exchange contracts. -
Can I place market orders? It’s not possible to place market orders right now, but this option will be available in the future. -
Does National Bank have an international presence? National Bank of Canada is present in several major cities around the world to better meet your needs. -
Do I still have access to a foreign exchange trader for my operations? Learn about access to a foreign exchange trader for your transactions. -
How can I access technical support for using the foreign exchange platform? Here’s how to get technical support when using the foreign exchange platform.
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