What are the different segments mentioned in the EKYC application.
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Equity or Cash segment is mandatory and will be selected by default.
– Equity refers to the cash market or delivery market.
– Futures and options F&O are derivative products in the stock market. Since they derive their values from an underlying asset, like shares, indices or commodities, they are called derivatives.
– Currency Derivatives are exchange-traded contracts deriving their value from their underlying asset, i.e., the currency. The investor buys or sells specific units of fixed currency on a pre-specified date and rate.
– A commodity derivative market is a market that permits trades in commodities on underlying commodies such as gold, silver, metals and oil etc.
