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A derivative is an instrument which derives its value from the underlying asset. The asset can be equity, a commodity, a currency or even an index. Basically derivatives have two different segment as follows:

Futures: Future is a contract to buy or sell specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future.

Options: An option is a contract, which gives the buyer the right, but not the obligation to buy or sell shares of the underlying security at a specific price on or before a specific date. "Option" as word says, the buyer has the right to decide whether he will conclude the deal at a future date or not.

Magnum Equity Broking Limited always strives to keep its customers informed of all the stock market events to help you make an informed decision.

Magnum’s Offering
Magnum Equity Broking Limited makes trading in futures & options simpler. These services are supported by a benchmarked customer service system, cutting edge technology and good research team. MEBL offers trading convenience with mix of online as well as traditional offline facility. The trading platform can be used a browser-based web application as well as a desktop application.