The Spot market ● Spot rate Quotations o The bid-Ask spread ° Spot FX trading ● Cross rates McGraw-Hilylrwoin 4-8 Copyright@ 2001 by The McGraw-Hill Companies, Inc. All rightsMcGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 4-8 The Spot Market ⚫ Spot Rate Quotations ⚫ The Bid-Ask Spread ⚫ Spot FX trading ⚫ Cross Rates