| A client having a demat account with a commodity futures broker can now trade on commodity spot exchanges so long as the broker maintains a separate ledger account for clients on either market, issues separate contract notes and meets the capital adequacy and networth criteria of each exchange.
A futures market allows a client to give or take delivery of an asset at a fixed price on a future date, while a spot exchange, in this context , entails delivery a day after a trade is executed or t+2 basis..............................................Full Article: Source
|