Spot Market definition

Spot Market means a commodity market in which commodities are sold for cash and promptly delivered when the transaction is settled, and other non-financial markets, such as forward markets for commodities;

Spot Market means the global spot foreign exchange market, open continuously from 5:00 a.m., Sydney time, on a Monday in any week to 5:00 p.m., New York City time, on the Friday of that week.

Spot Market means any commodity market in which commodities are sold for cash and promptly delivered when the transaction is settled, as well as other non financial markets, such as forward markets for commodities.

Examples of Spot Market in a sentence

• External Unforced Capacity (except External Installed Capacity associated with UDRs) may only be offered into Capability Period Auctions or Monthly Auctions for the Rest of State, and ICAP Spot Market Auctions for the NYCA, and may not be offered into a Locality for an ICAP Auction.

• The LSE Unforced Capacity Obligation will be determined in each Obligation Procurement Period by the ICAP Spot Market Auction, in accordance with the ISO Procedures.

• The exact date of the ICAP Spot Market Auction shall be established in the ISO Procedures.

• The ISO shall receive offers of Unforced Capacity that has not previously been purchased through Bilateral Transactions or in prior auctions from qualified Installed Capacity Suppliers for the ICAP Spot Market Auction.

• In the ICAP Spot Market Auction, the ISO shall submit monthly bids on behalf of all LSEs at a level per MW determined by the ICAP Demand Curves established in accordance with this Tariff and the ISO Procedures.

More Definitions of Spot Market

Spot Market means any commodity market in which commodities are sold for cash and promptly delivered when the transaction is settled.

Spot Market means a market for the sale by persons Generating electricity of electricity to, and the purchase of that electricity by, the PWP to be established by arrangements approved by the Authority and being developed by the PWP under the supervision of the Authority;

Spot Market means the competitive purchase and sale of short-term (30 Days or less) gas supplies available and traded at those certain delivery points on the gas pipeline system having sufficient trading volume to establish daily and monthly price discovery.

Spot Market means a market where physical delivery of electricity occurs either on the same day as the date of the transaction (T) or on the next day (T+ 1);

Spot Market means the global spot foreign exchange market, which shall be treated as being open continuously from 5.00 a.m. Sydney time on a Monday in any week to 5.00 p.m. New York time on the Friday of that week; and

Spot Market refers to the global spot foreign exchange market, which is open from 5:00 AM, Monday (Sydney Time) to 5:00PM, Friday (New York Time) of each week.

Spot Market means the Day Ahead or Real Time Energy Markets administered by the Regional Transmission Organization or any other over-the-counter Energy market in which the transaction date of the Energy purchase is within thirty calendar days of the last day of the delivery period specified for the purchase.