What are some differences between Basic market and Derivatives Market?

ContentSpot marketDerivatives market
Basic featuresSpot deliveryDelivery in the future
Listing/cancel listing methodAccording to the request Issuers and meet SSC/exchanges regulationsAutomatic based on Exchanges’ regulation
Get trading results from ExchangesSend 1 time after the end of trading daySend each transaction in real time immediately after the transaction is matched
Swap positionN/aImmediately after receiving transaction results
Offset positionN/aAutomatic for regular accounts, as required for blended accounts
Settlement of payment obligationsEffective in the morning T + 1 for bonds; Morning T + 2 for stocks and fund certificatesEffective on the afternoon of the T day for position profit/loss position payments, maturity payment in cash; T +3’s morning for maturity payment of material transfer of bond's FC
PaymentT+1 for bonds; T+2’s afternoon for stocks, fund certificatesT+1 morning for position profit/loss position payment; T+3 for material transfer payments
Deposit100% money, 100% of the sold stockAccording to the initial deposit level determined by the CM, which guarantee is not lower than the required amount of VSD and the maintenance deposit value calculated by VSD for each account.