Which of the following primarily takes futures positions that are outstanding for just minutes?
A) Scalper
B) Local
C) Day trader
D) Position trader
E) Hedger

Question

Quizplus · Accepted Answer

A scalper primarily takes positions that are outstanding for just minutes, aiming to profit from short-term price movements. A local is a trader who trades for their own account and takes longer-term positions, while a day trader takes positions that are outstanding for a day. A position trader takes long-term positions lasting weeks, months, or even years. A hedger takes positions to reduce their risk exposure to price movements.

Which of the Following Primarily Takes Futures Positions That Are