Type of trading member who takes position every day and also liquidate it on same day is classified as
A. day traders
B. broker traders
C. non-position traders
D. commercial traders
Answer: Option A
Solution(By Examveda Team)
Type of trading member who takes position every day and also liquidate it on same day is classified as day traders. A day trader is a trader who executes a large volume of short and long trades to capitalize on intraday market price action.Related Questions on International Finance and Treasury
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