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Type of trade members who take position for short period of time or sometimes for only few minutes are classified as
Answer & Solution
Correct Answer:
Option
A
Type of trade members who take position for short period of time or sometimes for only few minutes are classified as scalpers. A scalper, in the context of market supply-demand theory, also refers to a person who buys large quantities of in-demand items, such as new electronics or event tickets, at regular price, hoping that the items sell out. The scalper then resells the items at a higher price.
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