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Under spot (Business conducted in Stock exchange) transaction the cash is paid and securities are transferred within 24 hours of the deal.

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Question added by Sara Khan , financial and admin assistant , Ministry Of Defence
Date Posted: 2016/03/05
georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

 

2. False

 

And it made a settlement for the processes that take place on the active - stock determined by the stock market - two days after the work of the trade date (the date of completion of the process in the stock market (T + 2) while being settlement of transactions that take place on the rest of restricted stock stock exchange after 3 working days from the date of trading (T + 3).

Rehan Qureshi
by Rehan Qureshi , Financial Consultant , Self Employeed

for the question my choice is True 

manseer muhammed ali
by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

True, Under spot  transaction the cash is paid and securities are transferred within 24 hours of the deal.

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

true if it T+0

false if it normal T+2 after 2 day work

 

Muhammad Hanif
by Muhammad Hanif , Sales representative , Easy Taxi (Rocket Internet)

A spot transaction is mainly a foreign currency exchange. While most of the transactions are concluded on the same day, however, cash settlements can take up to 2 days.

Frank Mwansa
by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

True - cash is paid and securities transferred within 24 hours of the deal

Mohamed Hakeem Meerashahib
by Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation

The correct answer is option 1. True... 

 

Under spot transaction refers to cash is paid and securities are transferred on the same day it self. 

Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option 2 is the right answer.

Abu Bakar Ashfaq
by Abu Bakar Ashfaq , Senior Consultant , PricewaterhouseCoopers Middle East

Its true, as mostly stock exchanges are working in T+0.

Mohamed matar
by Mohamed matar , Finance Manager , ASG Group

thanks for the invitation

The answer is true

Mahmoud Hamid
by Mahmoud Hamid , Finance Manager , Experts

False.... The participants in a spot transaction usually agree to buy and sell at the present market value and to settle the transaction one day, two, or three days later.