BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Type of exchange members who only buy and sell for their personal account are classified as which of the following?
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non-investment traders
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Commercial traders
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Professional traders
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Investment traders
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Explanation:
Detailed explanation-1: -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.
Detailed explanation-2: -A stock trader or equity trader or share trader, also called a stock investor, is a person or company involved in trading equity securities and attempting to profit from the purchase and sale of those securities.
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