An expression familiar with explain the marketplace in the fundamental tool (for instance, shares, indices, commodities) where a futures or choices contract relies. Also referred to as place or actual marketplace. In a cash market the product or economic tool is in fact transported from vendor to buyer.
1. Products: marketplace by which real items, in place of futures agreements or options, can be bought and delivered. 2. Securities: Market by which delivery does occur nearly just after a sale. Also referred to as place marketplace. See additionally futures market.