The spot market or cash market is a public financial market in which financial instruments or commodities are traded for immediate delivery.Deal is executed by both the buyers & sellers and settlement is done on the same day.
Future contract has the right to buy & sell the assets for both the buyers & sellers at the time specified in the contract.
Option contract has the right to buy & sell for buyers with no obligation whereas the sellers are paid only with premium but not rights.
Contract made between buyers and sellers with right to buy & right to sell the asset at specific time by depositing refundable amount to the exchange.The exchange will do leveling based on price movements on day to day basis.Both the parties has equal right to exercise the deal.
