1

(Stock Exchange)

(Stock Market)
2
2

(Over The Counter Transactions)

(Listed
Companies)

(Provisional)
(Unlisted Companies)
3
3

(Market Order) -1

(Limited Order) -2
4
4

-1

-2

(Capital Gain)

(Speculation)
5
5

(Spot Sale) -1

(Sale on margin)-2

90

Margin
90

(Short Sale) -3

(Spot Sale)
6
6

(Forward Sale)

30
7
7

30

(Future Sale) (Forward Sale)

8
8

(Forward Sales)

(Future Sale)

(Speculation) -1

90

(Future Sale) -2
Hedging
(Forward Sale)

(Futures
(Future) market)
9
9

(Futures)
90
90 (Futures)

Hedging

(Futures)

(Financial Market)
Financial
Capital Market Market
10
10

(Government Financial Market

Securities)

-1

-2
-3

-4

(F.E.B.C)

65

12
11
11

(Financial Market)

-5
(State Bank)
(Treasury Bill)
(Face value)

87 86 14 13

86

(Stock
12
12

Exchange)

(Scondary Market)
13
13

-1

-i
-ii

-i
14
14

-ii

-iii

-2

(Difference)

future sale
15
15

-i
16
16

-ii

(Commodities) -iii

Future Sale -iv

Future Sale -v

-vi
17
17

-3

-i

-ii

Margin -5

(Margin)
18
18

-i
-ii

-6
Short Sale

-i
-ii
-7