Futures or option exchange members who take positions on contracts for only a few moments are called scalpers.

Name: Futures or option exchange members who take positions on contracts for only a few moments are called scalpers.
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Scalpers are traders who take positions on contracts for a very short period of time, typically only a few moments. They aim to profit from small price movements and trade frequently throughout the day.

Futures or Option Exchange Members Who Take Positions on Contracts