现款现货交易 meaning in Chinese

spot trading

In purchasing or selling governmental bonds , corporate bonds or financial bonds for the securities investment trust fund , the securities investment trust enterprise shall effect such transactions on a cash - and - delivery basis and shall instruct the custodian institution to effect the closing of such bonds
证券投资信?事业运用证券投资信?基金为公债、公司债或金融债券投资，应以现款现货交易为之，并指示基金保管机构办理交割。
Article 11 in purchasing or selling listed or otc listed securities for the securities investment trust fund , unless otherwise provided by law , the securities investment trust enterprise shall authorize a securities broker to effect such transaction on a cash - and - delivery basis in the open securities market or otc market , and shall instruct the custodian institution to effect closing of such securities
第11条证券投资信?事业运用证券投资信?基金为上市或上柜有价证券投资，除法令另有规定外，应委?证券经纪商，在集中交易市场或证券商营业处所，为现款现货交易，并指示基金保管机构办理交割。