Position Trader Law and Legal Definition
Position trader is a commodity trader who either buys or sells contracts and holds them for an extended period of time, as distinguished from a day trader, who will normally initiate and offset a futures position within a single trading session. [Stender v. Provident Life & Accident Ins. Co., 2000 U.S. Dist. LEXIS 11478 (N.D. Ill. June 28, 2000)].
Legal Definition list
Related Legal Terms
- Ambulatory Disposition
- Apex Deposition
- Approved National Service Position
- Approved Silver Scholar Position
- Approved Summer of Service Position
- Arduous of Hazardous Positions [Civil Service Regulations]
- Authoritative Position
- Blanket Position Bond
- Bona Fide Hedging Transactions and Positions
- Call Equivalent Position
