The type of exchange members who only buy and sell for their personal account are classified as __________?
Correct answer: B. professional traders
- A. non-investment traders
- B. professional traders
- C. commercial traders
- D. investment traders
Explanation
Professional traders buy and sell securities for their own accounts, unlike brokers who execute trades on behalf of clients. This makes professional traders the suitable classification.
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Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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