What do we need to do to trade without losses?
- Anna K.
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Spot next is a term used to describe the day of delivery of the purchased currency the next day after the spot date. It can also be referred to as a ‘next business day’.
Spot date is a day when a spot trade transaction is carried out, meaning it is the exact day when the involved-in-transaction funds are transferred. In currency market spot date is usually set in 2 days after the order is placed.