Explain Spot Market?
Markets are crucial in every energy sector. Spot market is one of the markets in the business marketplace. It is worth noting that spot market is a physical market where various assets are sold and delivered immediately. The transaction that takes placed is in terms of cash. The spot market incorporates the sale of securities or commodities in cash basis. One of the major features of spot market is that the contracts that are carried out in the market are effected immediately. In most cases, spot market are confused with futures market. The difference is that the commodities and financial ...
