Spot FX Convention
The standard value date for a currency pair is determined by pair-specific market rules and eligible business days.
Market use
Many major pairs commonly use T+2, with notable exceptions.
What it means
The standard value date for a currency pair is determined by pair-specific market rules and eligible business days.
Example
Never assume every currency pair has the same spot lag.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.