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State one difference between Spot Market and Future Market.

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Different between Spot Market & Future Market :

Basis Spot Market Future Market
Meaning Spot market is a cash market which represents a marketplace for the immediate settlement for the financial instruments that are transacted  Futures market is a market where market participants buy and sell contracts in financial instruments for delivery on a specified date in the future.
Trade Settlement Spot market is a marketplace where trades are settled immediately.  Futures market is a marketplace where trades are settled on a specific date in the future.

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