The market for delivery of securities usually within one or two business days is known as:
A) The spot market
B) The forward market
C) The futures market
D) The primary market
E) None of the above

Question

Quizplus · Accepted Answer

The spot market is where financial instruments, such as securities, commodities, and currencies, are traded for immediate delivery. Delivery is typically completed within one or two business days after the trade date.

The Market for Delivery of Securities Usually Within One or Two