What is 'Spot Rate'? | Freetrade Dictionary

The currency exchange rate a bank quotes, valid with immediate effect.

More terms

Bond

Learn what a bond is

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Securities

Bonds and stocks.

After-hours trading

Trading outside of a stock exchange's opening hours.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Income statement

A summary of a company's income and expenses over a set period of time.

NYSE

The world's largest stock exchange. Wall St HQ.

Spot Rate