What's the difference between spot foreign exchange trading and forward foreign exchange trading?
Spot foreign exchange trading refers to a kind of trading behavior in which both parties go through the delivery formalities on the same day or two trading days after the completion of foreign exchange trading. The difference between forward foreign exchange transactions and spot foreign exchange transactions. Forward foreign exchange transactions refer to foreign exchange transactions conducted by market participants on a specified date in the future (generally 3 business days after the transaction date) according to the provisions of forward contracts. The delivery time is different.