Economics · Stock Market
Which of the following best defines a 'Competitive Trader' on a stock exchange floor?
- 1A clearing house agent responsible for settling disputes between institutional counterparties
- 2A government regulator assigned to oversee daily market operations and price limits
- 3An outside retail investor placing high-frequency algorithmic orders through an online broker
- 4An exchange member who executes trades on the trading floor for an account in which they hold a financial interest✓
Correct answer
An exchange member who executes trades on the trading floor for an account in which they hold a financial interest
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