According to transactions, and availability of market there are different type of market Rate.
- Ready or Cash- Settlement of fund takes place on Same date.
- TOM- If you are going for TOM deal, settlement of fund will be on next working day.
- Spot- Settlement of funds takes place on second working day(T+2) after the date of contract or deal
- Forward Rate- Delivery of funds takes place after the spot date which is agreed date between parties. Forward rate may be premium(मतलब महंगा) and discount(मतलब सस्ता) with spot rate.
No comments:
Post a Comment