Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A professional futures trader who buys and sells futures for his own account throughout the day but typically closes out his positions at the end

A professional futures trader who buys and sells futures for his own account throughout the day but typically closes out his positions at the end of the day is called a:
A professional futures trader who buys and sells futures for his own account throughout the day but typically closes out his positions at the end of the day is called a:
day trader.
hedger.
floor broker.
specialist.
position trader.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investing All In One For Dummies

Authors: Eric Tyson

2nd Edition

1119873037, 978-1119873037

More Books

Students also viewed these Finance questions

Question

9. True or False: Larger MPCs imply larger multipliers. LO30.5

Answered: 1 week ago