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Spot FX

A spot foreign exchange transaction involves the purchase of one currency against the sale of another at an agreed price for delivery on a value date that is usually the trade date plus two working days.

Banks and investment banks quote two-way markets at which they are willing to trade in a market size with pre-approve creditworthy counterparties.

Global broking

ICAP is a world-leading foreign exchange broker and provides a full voice, electronic and hybrid broking service for the widest range of currency pairs, including most of the actively traded currencies in major, minor and emerging markets.

Copenhagen: + 45 7788 7668
London: + 44 (0) 20 7532 6402
Manama: + 973 1722 8334
Johannesburg: + 27 11 836 9971