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speculation transaction

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(Querist)
24 April 2009 meaning of speculation transaction
meaning of derivatives
all derivative trasaction are speculative transaction
meaning of future & option
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Ca. Rajesh Dhama

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Ca. Rajesh Dhama (Expert)
24 April 2009 ans1.trading in securities without taking delivery except derivatives transaction
2.selling and purchasing of securities wihtout delivery settlement of which done in future by price difference at future date
3. future is derivative market
4.in option person have right to buy/sale not a obligation to buy / sale after paying premium
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