The type of trading member who takes position every day and also liquidate it on the same day is classified as __________?
Correct answer: A. day traders
- A. day traders
- B. broker traders
- C. non-position traders
- D. commercial traders
Explanation
Day traders open and close their positions within the same trading day, avoiding an overnight position. This differs from position traders, who hold investments for longer periods.
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About Business Finance
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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