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1. The Wall Street Journal: "What Is a Spot Market?" 2. Investopedia: "Spot Market Definition" 3. CNBC: "Spot Market: What It Is and How It Works" 4. Investopedia: "Spot Market Trading: What You Need to Know" 5. Investopedia: "Spot Market vs. Futures Market: What's the Difference?" 6. Bloomberg: "Spot Market Primer: How Prices Get Set for Crude Oil" 7. Investopedia: "Spot Market vs. Forward Market: What's the Difference?" 8. Reuters: "Spot Market Investing: A Primer on Spot Market Basics" 9. Investor.gov: "Spot Market Investing: A Primer" 10. FXCM: "Spot Market Trading Basics"
MANILA Electric Co. (Meralco) said it expects an increase in power costs from suppliers this month due to higher prices in the Wholesale Electricity Spot Market (WESM). “This is mainly due to higher WESM prices brought about by the tight supply condition, as power demand surged along with higher heat indices,” Meralco said in a […]
Gold prices have surged both globally and domestically, nearing the significant psychological level of $2,500 per ounce on the London spot market, representing a year-to-date increase of almost 17%. This momentum is reflected in the Indian market as well, with MCX futures prices exceeding ₹74,000 per ten grams.
Economist and staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff recently expressed concerns over ETF investors being set up to bear the brunt of losses. On Sunday, Schiff took to X to share his observations on the current trading patterns and ETF inflows of Bitcoin. He suggested that while the “smart money” is selling Bitcoin in the spot market, the “dumb money” is buying it through ETFs. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through
Gold has hit a glass ceiling at $2525 an ounce on the spot market, which it has been battling against for the past two weeks. A series of smaller and smaller pullbacks and more frequent rallies to the resistance indicate impressive buying pressure. Under these conditions, we should expect a breakout to the historical highs soon, but it will be important to watch how the price behaves afterwards.
TotalEnergies SE (NYSE: TTE) signs agreement with HD Hyundai Chemical to supply 200,000 tons of LNG per year for 7 years starting 2027, aligning with their strategy to expand LNG sales and reduce exposure to spot market prices.
As required by Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act (EPIRA), the Independent Electricity Market Operator of the Philippines, Inc. (IEMOP) serves as the independent market operator of the Wholesale Electricity Spot Market (WESM), a centralized venue among large-scale electricity buyers and sellers. Established in 2018, the IEMOP is […]
MANILA Electric Co. (Meralco) expects a reduction in the cost of power procured from suppliers for the October billing cycle, attributed to lower electricity prices in the Wholesale Electricity Spot Market (WESM), a company official said. “Initial indication shows a possible decrease in the generation charge in the October billing,” Meralco Vice-President and Head of […]
Forex options are an increasingly popular tool among traders looking to diversify their strategies and manage risk in the foreign exchange market. While trading forex in the spot market is common, understanding forex options opens up new possibilities for traders, particularly beginners. This article will walk you through the basics of forex options and outline strategies that are ideal for those just starting out.