A spot trade set to be settled after two days. This is the standard timeframe for spot trade settlement, and is designated as T+2. Spot trades can be settled overnight, called value tomorrow (T+1), and can also be settled for cash today (T+0)
Related information about value spot:
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Definition of value spot: A spot trade set to be settled after two days. This is the standard timeframe for spot trade settlement, and is designated as T+2.
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