Spot foreign exchange transactions generally refer to spot foreign exchange transactions. Spot foreign exchange trading, also known as spot foreign exchange trading, is the symmetry of forward foreign exchange trading. Refers to the form of foreign exchange transactions in which buyers and sellers make delivery on the day or the second business day after the transaction is completed. Spot foreign exchange transaction is the most common transaction form in the international foreign exchange market, and its basic function is to complete currency exchange.

The foreign exchange market is open 24 hours a day, 5 days a week. This is because foreign exchange transactions are completed directly by both parties through OTC, without the help of an intermediate exchange.

There are four main trading hours every day, corresponding to the banking hours in London, new york, Sydney and Tokyo. There will be a lot of transactions in each trading period, especially when these periods overlap.