The spot market is the market in which spot settlement by physical or cash settlement take place immediately. In futures, exchange will get the refundable margin from buyer and seller. The contract will be traded between buyer and seller on the strike price for the stocks. The exchange plays a major role in derivative instruments like futures and options.the margin price is the price which is set as max limit price, expiry date is the last date where the shares will not be valid after the mentioned date. premium is the advance amount or assurance amount for the future trade take place.NIFTY is the national stock exchange of Indian market in which top 50 companies take place we can also trade in NIFTY.

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