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Management · Q568

International Finance and Treasury

Graduate and Post Graduate · Management · question 568

Q568

Type of exchange members who only buy and sell for their personal account are classified as

A.
non-investment traders
B.
professional traders
Answer
C.
commercial traders
D.
investment traders

Answer: Option B

Solution

Answer: Option B
Solution:
Type of exchange members who only buy and sell for their personal account are classified as professional traders. A professional trader is a person who is paid to undertake a specialized set of tasks and to complete them for a fee.