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The term Spotmarkt (also Kassamarkt) comes of the oil trade and designates the commercial centre for petroleum products and crude oils. In Europe the Spotmarkt in Rotterdam is determining. This is above all the fact owed that many petroleum companies operate refineries there.
Meanwhile it was in-patriated to use the term also for the trade with securities and river. It designates the trade with a maturity of up to two days. In contrast for this the option market exists. At this maturities are acted starting from three days.
One calls the prices acted at a Spotmarkt Kassakurs or standard rate.
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