Type of trading member who takes position every day and also...

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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.

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