@Ju1882 22 August 2020

What are Speculative Transactions.

****Speculative Transactions**** " Speculative Transactions " means a transaction in which a contract for purchase or sale of any comodity including Stock and Shares ( Cryptocurrency too ), is periodically or ultimately settled otherwise than by the actual delivery or transfer of the comodity or scrips. **Example** When you go to the market to buy something ( say Potato ). Case (I) If yor intention is to take delivery of the Potato, then this is non-speculative transaction. Case ( II) If your intention is not to take delivery, and you purchased Potatoes only for selling at higher rate to other delars, then this is a speculative transaction. **In most of the country's Speculative Transactions are illegal with exceptions. Such as Delealing in Share of Company.** Thank you for reading. Cricket Lovers are invited to join. Cricket Community :- Cricket Lovers (be22) Link :- https://read.cash/c/cricket-lovers-be22